Distressed Property Assets Lure Yield-Hungry Investors

Law360, New York (August 1, 2013, 7:19 PM EDT) -- While the U.S. real estate market has seen a marked turnaround in the past few years, a large inventory of distressed property and debt is still waiting to be refinanced or acquired, and experts say investors are increasingly attracted to those assets thanks to low interest rates and increasing lender confidence.

The amount of distressed property and debt likely has not fluctuated much over the past few years, but it's been stuck on banks' balance sheets as they worked on improving their own health, experts say....
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