Office Buildings! Get Your Office Buildings!

Posted by    |    June 24th, 2010 at 8:30 pm

“The number of distressed properties continues to rise,” says a new report from Delta Associates, and the Dallas-Fort Worth area now has almost $2 billion worth of commercial properties with shaky financing. (It could be worse: New York City has more than $14 billion in distressed property.) Real estate guru Steve Brown has the story in DMN. As lenders scramble to refinance, brokers say the deal-making is heating up with investors and office-needy companies looking for deals.