On today’s show we’re talking about the forecast flood of distressed deals in the marketplace. We’ve been hearing about how distress is coming and how deals will be available.
I’m here to tell you that the future is now. We are starting to see a regular flow of large assets and portfolios of projects coming to the market.
I’m getting phone calls from brokers on a nearly daily basis. Many of these so-called deals are frankly located in a areas that are far from our criteria. The team therefore needs to be incredibly selective to only allow projects into the pipeline that are truly exceptional in the context of today’s degraded market conditions. A random piece of land somewhere is not going to meet that criteria.
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Host: Victor Menasce
email: podcast@victorjm.com
