Jan 26, 2010 12:47 PM, By David Bodamer
Distress is rampant in the retail sector, which leads all property sectors with $32 billion in distressed assets, according to New York-based Real Capital Analytics. But not all retail is created equal. A look inside the numbers reveals that unanchored strip centers, retail in regions plagued by high unemployment and deep housing busts, as well as loans originated in 2006 and 2007, are disproportionately more susceptible to distress. Read Full Article
About Me
- Chris Stuard - Sperry Van Ness/Martin Commercial Group
- Chris serves as an Investment Advisor specializing is apartment and retail investments with Sperry Van Ness/Martin Commercial Group. As an member of the NAIFA, he was the NAIFA Greater Evansville Chapter President in 2004 and 2005. Chris retains the NAIFA’s senior designation, the IFAS. Chris holds a real estate license in the State of Indiana and Kentucky and is a member of the Indiana Commercial Board of Realtors. He is also a member of the National Association of REALTORS, Indiana Association of REALTORS, is an Indiana Certified General Appraiser, holds a HERS certification, is a certified Level I and Level II Indiana Assessor/Appraiser and is a certified Indiana Tax Representative.