Where the deals are
National Real Estate Investor cites a LaSalle study which sees four key opportunity plays for investors in 2009:
- Cheap REIT shares
- Cheap units in limited partnership interests
- Pools of non-performing or partially performing loans, and
- Defaulted land deals or development deals needing to be recapitalized.
I’d add to the list just about any sort of REO property with significant vacancy, most retail product (retail is significantly out of favor right now), and CMBS debt.
You can check out the article here.
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Tags: deals
