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Private Investors Ready to Go

MIAMI-Firms are aggressively hunting bargains in hopes that the frozen credit market will begin to thaw soon.

By Eric Kalis | Updated on August 25, 2009

(This story, in slightly different form, originally appeared in Incisive Media’s Daily Business Review.)

MIAMI-South Florida commercial real estate investors are tired of sitting around waiting for sellers and banks to get in gear. Stuck in neutral since the fall of 2008, some private investors are getting ready to aggressively pursue bargain properties.

Many property owners struggling with debt and rising vacancy rates are facing a critical decision: Should they sell and, if so, how much of a haircut should they take?

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