You are here: Home Business Real Estate Bruce Sturman , Director

Bruce Sturman , Director

March 7, 2011 Real Estate news in Manhattan,New York, United States of America

Bruce Sturman is a buyer of distressed debt in Commercial Real Estate markets "We believe that there will be opportunities to acquire debt that has become non performing"




FOR IMMEDIATE RELEASE
Manhattan, New York, United States of America (Free-Press-Release.com) March 7, 2011 -- Bruce Sturman is a buyer of distressed debt in Commercial Real Estate markets.
"We believe that there will be opportunities to acquire debt that has broken," according to Bruce Sturman.

For the past several years, commercial real estate investors have used as much cheap debt as they could to buy properties. Many of those loans made their way into pools of mortgages behind commercial mortgage-backed securities (CMBS).

But with rising interest rates, and the potential for slowing price appreciation and a weakened economy, those borrowers may run into difficulties paying their loans.

"Because we think on some of these aggressively underwritten pools, we will see losses higher in the stack and that there will be some investment-grade (CMBS) buyers who suddenly find themselves in the control position who are not special servicers or work-out experts," Sturman said.

"We think in those situations we will be able to potentially come in, acquire that debt and use our expertise to fix those deals."



Share |


Contact Information

  • Name: maxal30

    Email: ***@yahoo.com





Upcoming Trade ShowNew Press NewsNew Exclusive News More Press News

  • Kelowna Home Show 2012
    Kelowna Home Show 2012 When: 2012.02.24~2012.02.26
    Where: Kelowna,Canada
    Industry: Construction & Real Estate
  • Dill-Bau-Expo 2012
    Dill-Bau-Expo 2012 When: 2012.02.24~2012.02.26
    Where: Haiger,Germany
    Industry: Construction & Real Estate
  • Polk County Home & Garden Show 2012
    Polk County Home & Garden Show 2012 When: 2012.02.24~2012.02.26
    Where: Des Moines,United States
    Industry: Construction & Real Estate


  • Post your news to the World.See you news here immediately. It's easy and free!
    Create free account or Login.