Schwartz: More distressed assets are coming to market

07/14/2010 | REIT.com

More troubled assets are starting to move after months of waiting by frustrated buyers, according to Scott Schwartz, senior managing director and the co-head of commercial real estate at Marathon Asset Management. He points to the still-tight credit markets as the reason. "Anything that is getting financed today is of pretty high quality and has strong, stable cash flow," he says. "Anything with a little hair on it, that's transitional in nature, there is not really a lot of credit available."

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