John Bragg, a San Diego-based partner with Kearny Real Estate Co., says well-capitalized firms will continue to scout the local and national markets for favorably priced assets being disposed of by banks, as ‘extend and pretend’ gives way to the reality of banks needing to get problem loans off their books.

John Bragg, a San Diego-based partner with Kearny Real Estate Co., says well-capitalized firms will continue to scout the local and national markets for favorably priced assets being disposed of by banks, as ‘extend and pretend’ gives way to the reality of banks needing to get problem loans off their books. Photo by Stephen Whalen.

Amid fallout from the financial industry meltdown, especially during 2009, U...

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