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LATEST NEWS & EVENTS Maturing commercial real estate debt 'presents great investment opportunity'  A "mountain" of maturing commercial real estate debt is creating an opportunity for investors, a new report from Urdang claims. The property investment advice from the real estate specialist for BNY Mellon Asset Management suggests "value investors" can take advantage of "a significant amount" of maturing mortgage debt over the next four years. Such acquisitions, the report states, may give buyers the ability to offer properties to renters at lower rates and with more attractive features than comparable properties. David Blum, managing director for portfolio management at Urdang Capital Management and a co-author of the report, explained that many properties have experienced deferred capital expenditures, requiring owners to invest additional equity or dispose of their assets. David Rabin, managing director for private real estate at the firm, added: "With banks increasingly willing to sell these properties and with commercial mortgage backed securities (CMBS) delinquencies at an all-time high, we believe there will be increasing opportunities to purchase or recapitalise over-leveraged assets at an attractive cost basis." It comes as the latest Investment Property Databank (IPD) UK Monthly Index reveals the capital growth rate slowed in July. Posted by Georgina Price 
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