Value of Distressed Commercial Properties Falls

From Globe, a Real Capital Analytics report says the value of distressed commercial real estate declined from $191.5 billion in October 2010 to $175.3 billion currently, the lowest level since June 2010.  This year could prove telling for those stressed properties, ones with short-term problems, like notes coming mature, bankrupt tenants, and financially strapped owners;  in short, properties that could fall into the distressed category.  Figures show that parts of New England and the Mid-Atlantic states are in the best shape.  Baltimore continues to have the lowest distressed property per capita.

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