Distressed Commercial Real Estate Sales Still Low, But…

The Colliers U.S. Capital Markets report just out stated that in 2021 there were 10.9 billion in distressed commercial real estate sales, decreasing to $7.9 billion in 2022, and ‘Since 2016, distress has accounted for 1.4% of volume on average. Distress peaked in 2010 at 18.7% of volume. Absolute distress sales peaked in 2011 at $36.2 billion. Investors are waiting for an impeding wave of defaults and distress sales, which will likely dwarf previous highs.”  And the good news is…