WSJ | Surge in Commercial-Property Foreclosures Suggests Bottom Is Near

Aug 1, 2024

Defaults and other kinds of distress have been steadily building in the commercial-property market to near historic levels because of high interest rates and the slow return of workers to office buildings. Until recently, though, many lenders have been reluctant to take over properties in hopes of a recovery and to avoid the expense and losses of foreclosure actions.

Source: Surge in Commercial-Property Foreclosures Suggests Bottom Is Near – WSJ

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