Nordstrom plans to go private. Party City and Big Lots declare bankruptcy. Big changes are happening.

There is value to be had in quality properties, but they are a minority share.

Here are some metros with strong possibilities.

They have several attributes in common.

Multiple attempts to regulate private equity involvement in healthcare deals failed.

Multifamily and office see the steepest declines. High-value assets see higher deflation.

You may not know what the future brings, but it’s looking good moving ahead.

There’s likely more CRE damage coming and a need to face financial realities.