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The Environment Surrounding the Purchase of Distressed Assets

Mid Atlantic Real Estate Journal
by JONATHAN SPERGEL
As investors and developers navigate the troubled waters of the current real estate market, they are more and more frequently presented with opportunities to acquire economically distressed real estate assets, as well as bank notes related to such assets. Typically, investors are presented with these opportunities in a very expedited timeframe. While the discounted sales price of these troubled assets may prove to be promising investment opportunities, investors must still carefully evaluate the potential environmental liabilities triggered by such acquisitions.

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