Chief investment officer Marcus Duley expects to see some foreclosures, but there’s plenty of rescue capital still in the market, he notes.

Today’s financial landscape demands an approach that is both broader and more nuanced.

The problem is that these elaborate venues require expensive upfront investments and, like any new concept, can be risky.

The reality check will start to hit in the coming weeks as lenders across Europe get results of year-end appraisals.

Distress levels in European real estate are at the highest in a decade, in part because of a decline in liquidity.