Commercial Real Estate Bargains Don’t Materialize

June 3, 2010  |  

(Atlanta Business Journal) —

Several high-powered Atlanta investment funds have hundreds of millions of dollars waiting to buy prime commercial real estate at bargain prices.  But there’s almost nothing to buy. Investors expected a tidal wave of opportunities with potentially giant returns. But, as banks continue holding onto distressed real estate loans longer than expected, the wave hasn’t come.

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