Marcus & Millichap's Bernard Haddigan talks with John Salustri of Incisive Media about distressed assets.
"There are safe bets still trading, and distressed inventory is set to rise," Haddigan told the audience of nearly 1,000. He explained that the Southeast and the West are leading in distressed assets, and as far as product type, multifamily is leading, and retail is "coming up rapidly."
Haddigan called the present the "best buying opportunity of your lives," and added that strategy should be what is driving buying focus.
(Click on the image above to check out Haddigan's entire interview.)
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