The Globe and Mail reports in its Tuesday edition that buyers are keen on distressed commercial properties for sale, but sellers are unwilling to accept low offers. The Globe's Rachelle Younglai writes that with developers filing for bankruptcy protection or lenders forcing their projects into receivership, the number of available properties is on the rise. Sales are up substantially: Over the first half of the year, there were $803-million worth of distressed commercial property sales in Canada, according to Colliers International Group. That is more than double the amount from the first six months of last year. "It really started to pick up at the end of last year and really kind of took off in the first quarter of this year," said Colliers's Jeremiah Shamess, who is working on a dozen distressed asset sales, compared with three in the previous year. Still, real estate pros say there is a disconnect between buyer and seller expectations. If the two sides start to come together, the number of transactions could boom -- particularly as defaults are expected to increase. More troubled properties are expected to hit the market as real estate companies struggle with higher borrowing costs and miss their loan payments.