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If you’re looking for distress in the Northeast, you’d be advised to think class B properties and suburban markets. That’s one of the observations of Dennis Walsh, a Boston-based senior director at Tremont Realty Capital, when asked about where the opportunities lie in the region’s inventory of distressed assets. And if you’re planning to focus on a specific property sector, the greatest sources of opportunities in the Northeast are in the office, retail and hospitality sectors, says Yitzie Sommer, a Marcus & Millichap vice president who points out that, “the market for industrial and especially apartments has always been, and continues to be, very tight” in the region. Sommer also echoes Walsh’s observation about suburban markets, saying “Suburban areas outside of Boston and in Long Island have been the source of good opportunities for investors.”

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