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Video: Cap Markets a 'State of Confusion'

LOS ANGELES-Ethan Penner, president of CBRE Capital Partners, discusses distressed assets with GlobeSt.com's Alyson Grala at Real Estate 2010.

By ian Ritter | Updated on March 31, 2010

LOS ANGELES-Assets aren’t worth what they were a few years ago, so both new and established players are having a tough time figuring out the capital markets picture in the industry today. “We’re in a state of confusion,” said Ethan Penner, president of CBRE Capital Partners, speaking here at the recent Real Estate 2010 conference.

On the distress front, assets are hitting the market, but they are doing so slowly, he said. Penner spoke with GlobeSt.com’s Alyson Grala. Click the link below to view the full video in the Distressed Assets Investor newsletter.

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