GoldenTree has extensive experience in distressed
investments with over USD 26 billion of distressed
investments made since the inception of the firm in 2000.
For example, investors may not fully understand how to predict failure risk and, as such, may not discount the prices of distressed
stocks enough to offset their failure probability.
Using distress type and industry concentration, we find that rivals to economically distressed
filing firms in concentrated industries experience 2.62% (significant at the 1% level) abnormal equity returns around the 10 days of filing.
The descriptive statistics are provided in Table 1 and the mean differences between distressed
and healthy firms are shown in Table 2.
CoreLogic is projecting that national prices will rise by 4.5 percent from June 2015 to June 2016 when including distressed
But including distressed
sales, home prices in Manchester-Nashua decreased by 0.3 percent in November 2014 compared to October 2014.
At the state level, including distressed
sales, Louisiana, Nebraska and Texas surpassed their previous home price peaks in January 2014.
According to Dawna Davies, owner and broker of Davies Company Real Estate, investors and homebuyers have continued to buy up the available inventory of distressed
Reliance on distressed
sales as comparables in non-distressed property appraisals, without appropriate analysis, promotes low appraisals.
Recent data suggest that the answer to that question depends upon where the home is and whether it--or nearby homes--are being sold in a "distressed
" sale (foreclosure, REO, or short sale).
The Global Distressed
Fund has been consistently ranked among the world's top ten performing funds within its category.
WORLDWIDE demand for distressed
property increased dramatically in the second quarter of 2011, according to the Royal Institution of Chartered Surveyors (RICS) latest global distressed