MIAMI-The past year hardly saw the commercial real estate blood bath some expected. The prophesied fire sales of 2010 were drenched by a lack of debt, in part, and sellers with unrealistic views of the market rebound.
But what’s in store for 2011? Will we see more distressed assets make their way through the system than we did in 2010? Where are the key opportunities? And what factors will influence investors to take the plunge?
GlobeSt.com caught up with Matthew Adler, chief investment officer at the Doral, FL-based Adler Group and president of Adler Realty Services, to discuss these issues.
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