Unrealistic expectations of sale value contributed to delays in the disposal of surplus properties held by the Okanagan Tree Fruit Cooperative, says Alan Tyabji, who was appointed chief executive officer of the British Columbia, Canada, ­cooperative in November 2012. The co-op came into being in June 2008, months before the credit crisis that roiled financial markets and stalled real estate sales and development across North ­America. Sales in the Okanagan stalled, and many owners had to revise expectations of what their properties were worth. Some resort property owners sold at 30 percent discounts, while developers slashed prices on new residential […]