Value on offer after US shakeout

Opportunities abound as sellers are forced to create new options for buyers, writes Michelle Devane.

20th September, 2008

Opportunities abound as sellers are forced to create new options for buyers, writes Michelle Devane.

The volatile events seen in the US over the past week may have affected the country’s property market and its investors, but property consultants Knight Frank believes that opportunities are emerging for buyers with both capital and relationships.

‘‘The disintegration of the commercial mortgage backed securities (CMBS) market has limited the availability of financing options,” said Kenneth Zakin,...

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