Distress continues to mount across the US, reaching a total of more than $180 billion in the latest reports by New York City-based Real Capital Analytics. And yet, as RCA and others have noted in recent analyses, the investment market continues to improve and prices continue to rise for certain classes of properties, especially trophy assets in top markets. Add to that, the economy is recovering, though its on/off nature raises the specter of a double-dip.

The paradox between rising distress totals and the general improvement in real estate markets seems to suggest two parallel universes. But a case can be made that it’s all of a piece: Despite the rising levels of distress, the totals are rising at a slower pace these days, suggesting that distress, in its own way, is improving along the lines of the overall economy.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.