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Mark Costello, a partner at Ernst & Young, talks to GlobeSt.com’s Ian Ritter about the industry’s distressed debt picture. Watch the full video on GlobeSt.TV.

“What little distress debt there is in the marketplace today is being priced beyond the reach of folks from a practicality point of view,” explains Mark Costello, partner at Ernst & Young. However, he noties that there is still “41% of all commercial real estate debt coming to maturation over the next three years,” so the market can “anticipate a higher volume coming down the pike.”

Costello talks with GlobeSt.com’s Ian Ritter about the industry’s distressed debt picture. To see the full GlobeSt.TV interview, click the link below.

http://www.globest.tv/mark-costello-of-ernst-young/

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