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Managing Director Bruce Sturman

February 4, 2011 Real Estate news in Brooklyn,New York, United States of America

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According to Bruce Sturman a Managing Director of The Maxal Group, a distressed debt buyer of bank debt secured by Real Estate

FOR IMMEDIATE RELEASE
Brooklyn, New York, United States of America (Free-Press-Release.com) February 4, 2011 -- According to Bruce Sturman a Managing Director of The Maxal Group, a distressed debt buyer of bank debt , anyone exposed to commercial real estate knew that virtually no property that was financed between 2005-2008, at a loan-to-value ratio above 75%, would be able to qualify for a conventional refinance when the loan matured. How could they when property values have dropped by more than 40% and lending standards have tightened? The coming wave of foreclosures would be measured in the hundreds of billions.

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Bruce Sturman Managing Director Bruce Sturman of Maxal Group is a buyer of distressed debt in Commercial Real Estate markets "We believe that there will be opportunities to acquire debt that has broken,"

Bruce Sturman Managing Director Bruce Sturman has over 25 years experience in the Real Estate industry as a developer and investor.He is a Managing Director of The Maxal Group.

Bruce Sturman , Director 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"

Bruce Sturman Managing Director According to Bruce Sturman, last year, "few financial institutions were selling distressed RE debt".

Bruce Sturman Managing Director Bruce Sturman ofThe Maxal Group believes that 2011 brings opportunity in RE market.

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