Fred Filsoof lends insight into the current distressed commercial real estate debt market

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 4, 2010 -- Real estate offers the greatest opportunities for investment this year. Commercial real estate and much of the debt attached to it have fallen in value to the point of being tempting for value players and distressed investors. Upcoming debt maturities will play an important role in providing new distressed investment opportunities this year, since many borrowers will be unable to repay their debts.

Although commercial building landlords in many markets are still struggling with high vacancy rates and weak rents, the erosion in some sectors has slowed, piquing the interest of buyers. With rents falling and the economy trembling, commercial real estate transactions had been rare during the downturn.

As the commercial mortgage loan portfolios deteriorate, the banks have been extremely reluctant to foreclose on delinquent borrowers. Instead, they have chosen the route of extending loans as they matured with the hope that the market would improve.

"The expected wave of bank-owned foreclosed properties hasn't materialized because lenders have been extending loans to building owners instead of calling them in as many investors expected," said Fred Filsoof, President of Coordinated Properties.

About Fred Filsoof

Mr. Filsoof is active in numerous civic and charitable organizations-a former regional board member of UNiCEF, Honorary chairman of NRCC Business Advisory Council, a supporter and organizer for Red Cross blood drive, an active supporter of Atlanta Ballet. Mr. Filsoof was appointed to the planning Board of Professional Children's School of new York City during May 2010. He will be directing the school's efforts in fund raising,grants and corporate sponsorship for school related growths and scholarship. In May 2010 Mr. Filsoof was appointed to the executive Board of Yangtze Repertory Theater Of America in NYC. The organization has received the highest national and international recognition. Mr. Filsoof's Real Estate company has been distinguished by Highest Industry awards and Honors. He has been a frequent guest speaker at real estate symposiums and meetings throughout the area and he has been a consecutive member on "THE LIST" of Atlanta's Top Commercial Developers.

Fred F Filsoof     Fred Filsoof     real estate