Part 1 of 2
SAN FRANCISCO-Real estate recessions have proven to both break and make great fortunes. Banks, the FDIC, and CMBS servicers now hold more than $140 billion in troubled loans, and that number is growing. Many investors are seeing that $140-billion problem as a real opportunity to buy defaulted loans at a deep discount in order to acquire the underlying real estate on the cheap. Three experts at Manatt, Phelps & Phillips LLP recently spoke with GlobeSt.com about buying a loan to own, how to account for the risks and how to know what you are buying.
How do you know what you are buying?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 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.