Tim Lupinacci talks with the Birmingham Business Journal about the state of the economy and recent bankruptcy trends. Mr. Lupinacci says there are signs the economy is recovering, but that we will see another four-to-five years of challenges for small and mid-sized businesses and the real estate sector.
"While there are great opportunities to invest in corporate real estate in today's environment, these opportunities are reserved for companies sitting on cash," said Mr. Lupinacci. "For the current business owner, I believe there will be continued struggles making ends meet. When you layer the large number of business loan maturities occurring over the next several years in the securitization market, I believe that the financial challenges leading to bankruptcy filings will continue at steady pace for the foreseeable future."
Read the Article (subscription required)