Thank you for sharing!

Your article was successfully shared with the contacts you provided.

<!– this comment prevents auto wrapping of urls –>

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.


Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.