Search
 

GlobeSt.TV: Extend and Pretend Is Not a Solution

DALLAS-Stephannie Mower knows the dangers of extend and pretend. She lays it all out for John Salustri, editorial director of ALM's Real Estate Media Group. Go to GlobeSt.TV for the full video.

By Amy Sorter | Updated on November 02, 2009
<!– this comment prevents auto wrapping of urls –> Stephannie Mower knows the dangers of extend and pretend. She lays it all out for John Salustri, editorial director of ALM’s Real Estate Media Group. Go to GlobeSt.TV for the full video. Watch the full video at Distressed Assets Investor.

DALLAS-Extend and pretend, or the practice of holding on to a property, hoping that market conditions improve and the asset’s value increases, is not a good strategy, said Stephanie Mower, a Cushman & Wakefield executive director. “I see nothing ahead of us that would support that,” she said during the recent RealShare Distressed Assets conference.

Her take on a recovery taking place any time soon? “I think it’s political propaganda,” she replied. Mower spoke with John Salustri, editorial director of ALM’s Real Estate Media Group. To view the full interview in the Distressed Assets Investor newsletter, click the link below:

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.