The reaction to the economy differs from market to market, and even from property to property, and hurdles remain with the economy still in a precarious position. "On a national level, from talking to people face-to-face, we are seeing what people are doing differently in terms of doing cost segregation studies," says Eli S. Loebenberg, CEO of MCRES affiliate Madison SPECS, LLC.

"From the feedback we are getting, it is more challenging to sell in the marketplace," Loebenberg tells GlobeSt.com. "For some, the tax benefits of cost segregation can be great, but there are many factors, including fluctuating tax rates, that can impact property values. To determine the best way to utilize cost segregation studies and fixed asset reviews to one's advantage, it's important for CPAs and cost segregation experts to work together to identify the right solution."

As for loan workouts, the landscape has been called a minefield of changing situations, interest rates and other factors, says David I. Tesler, founder and CEO of MCRES affiliates LeaseProbe LLC and Real Diligence LLC. "One cannot engage in a loan workout until a very clear picture of the current and projected state of an asset is determined to serve as the basis of negotiation. That negotiation can be a roller coaster ride--sometimes the banks act rationally and sometimes they don't. The expertise of a due diligence expert can shed light on the process."