CreditSights analyst Craig Guttenplan believes Real Estate Investment Trusts will be one of the the biggest beneficiaries of the commercial property crisis.

Guttenplan acknowledges that “commercial real estate is a ticking time bomb waiting to explode all over the banks, insurance companies, pension funds, hedge funds, opportunity funds, private real estate owners, and basically anyone who bought or lent against commercial property with aggressive leverage at the height of the market. But, as they say, with times of great stress come great opportunities.”