Survey Predicts More Asset Sales in 2011

NEW YORK CITY-According to a survey conducted by PricewaterhouseCoopers and the Urban Land Institute, US commercial realty investors anticipate an increase in property sales in 2011 as lenders speed up foreclosure activities to meet the demand for troubled assets.

By GlobeSt News Hub | Updated on October 13, 2010

NEW YORK CITY-According to a survey conducted by PricewaterhouseCoopers and the Urban Land Institute, US commercial realty investors anticipate an increase in property sales in 2011 as lenders speed up foreclosure activities to meet the demand for troubled assets.

However, they are still cautious about the US economy. Respondents expect well-funded borrowers such as real estate investment trusts to top the buyers list and well-backed lenders such as insurance companies to negotiate deals for good rates. For the full story, go to Reuters.

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