The Bratton Team

The vast majority of loans that were initiated at the peak of the CMBS loan bubble in 2007 were paid off last year. The remaining 24% of these loans were either extended or are now in default. Many prognosticators predicted more of a blood bath and believed that more properties would fall into foreclosure.

Although many areas showed a slight upswing in the economy, the office market has not fared as well in recent months. More office workers are now working in smaller spaces so vacancy rates are not going down. Great buys will be in the office sector this year.

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