MSCI's Jim Costello

Distress in real estate is prevalent in industry chatter – and in the headlines, but when it comes to sales, it is still not much of a factor. bIn fact, less than 2% of sales are distressed asset sales in the U.S., according to Jim Costello who is the chief economist at investment research firm MSCI’s Real Assets team. Read more: CRE Loan Distress Hits 10-Year High As Office Debt Crisis AcceleratesREPORT: Regional Banks See Big Jump In Nonperforming CRE Loans, Related LossesVolume Of Distressed Asset Sales On Mute As Owners Battle A New Type Of CrisisLuck And Guts Might Not Be Enough To Ride This Real Estate Cycle