10/23/2026
A distressed property can look like a great deal on paper. But what’s really going on behind the price?
Reed Goossens explains the difference between equity distress and debt distress, using real examples from Dallas and Florida.
In one case, a property that once traded for $150,000 per unit is now owned by a bank and priced at $61,000 per unit. But it’s only 25% occupied.
That’s a very different situation from an owner who simply needs to sell.
For investors, the real question is what’s left to work with once you look beyond the price.
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