The Real Deal Miami

Vulture funds haven’t perched

October 15, 2008 04:35PM

Although there are plenty of what Wall Street likes to call distressed assets ripe for the plucking after the financial crisis, buyers haven’t yet swooped in, owing to a lack of confidence, experts say. From Florida real estate to securities based on bad debts, there are more targets than buyers right now, although market observers expect that to change soon.