Feature Post

Real estate presents ‘a lot of opportunity’ as pandemic hurts assets

A view of East London from an aerial view. As the sun sets its glow is captured on the skyscrapers of Canary Wharf – the second business district of London.

Ray Wise | Moment | Getty Images

Opportunity abounds for investors looking to seize on distressed real estate assets in the wake of the coronavirus pandemic, according to one of London’s prime real estate investors.

Thomas Balashev, founder and CEO of Montague Real Estate, said real estate has been unduly hammered during the downturn, creating opportunities for buyers to make gains as the economy recovers.

“I think it goes without saying that there will be a lot of opportunity,” Balashev told CNBC’s “Squawk Box Asia” on Tuesday.

A different kind of crisis

Unlike in the 2008 Financial Crisis, which was linked directly to the U.S. housing market and enabled opportunities for some people to “get ahead of it,” the current

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Missouri’s Most Expensive Home Is a Lake Lover’s Dream

A working Midwestern ranch with a huge house is Missouri’s most expensive listing, at $13.5 million.

The 13,500-square-foot house sits on 825 acres in Brumley, MO. The town is close to the Lake of the Ozarks, a water playground with about 1,150 miles of shoreline.

Blake Anderson, director of marketing for Dielmann Sotheby’s International Realty, says the address may give people a mistaken impression.

“A lot of people are just going to think that it’s in the middle of nowhere. But it’s close to all those amenities that the lake has,” he says.

The estate is about a mile from the road down a long driveway.

“You have this huge estate with so much privacy. It’s very private, very secluded, very secure, but also it’s only about 10 minutes from the lake,” Anderson says.

The house was completed in 2012, and the agent tells us that the seller

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