Voit Real Estate Services' John Strockis

Presently, there is an imbalance of capital looking to acquire distressed assets and loans. Capital is currently chasing quality loans and REO assets—to the point that there is approximately twice as much available capital as there is product to buy. So says John Strockis, executive managing director of asset services of Voit Real Estate Services, who spoke to GlobeSt.com regarding last week’s poll, “What impact will unloaded distressed assets and loans have?”

The GlobeSt.com poll, with more than 200 votes cast, suggests that half of GlobeSt.com readers believe that the impact of those unloaded distressed assets and loans will set prices based on values for the assets when sold. Approximately a third of readers say it depends on the strength of the banks’ and receivers’ strategies, and 18% say it will be a thundering crash.

The imbalance, Strockis says, “is expected to continue through 2010 until new supply is brought to market by financial institutions, banks, special servicers and the FDIC.