Baskin Robbins is known for having 31 flavors of ice cream. This month,
the “Flavor of the Month” is “Coconut Grove” while last
month the flavor was “Purely Parfait.” In the world of commercial real estate, the preferred investment class
or “flavor” of the year — not month — is the opportunity to pursue a
real estate mortgage note that is in default. Investment brokers were selling office buildings, multi-family
apartment houses and land for residential development at record highs
in 2006 and 2007. Today, with limited amount of debt available for
financing any real estate transaction, investment sales are down. [more]