Commercial foreclosure activity across the nation crept up last month despite more positive sentiments across the commercial real estate industry.
Foreclosure activity on U.S. commercial properties rose in September from the month prior, to 695, according to Attom Data Solutions LLC. The property data firm's analysis includes the total number of commercial properties with at least one foreclosure filing entered into its Data Warehouse during the month. It doesn't distinguish property types or sectors.
Doug Rosner shares insights into this uptick with The Business Journals. Click here to read the article.
https://www.bizjournals.com/boston/news/2024/10/28/foreclosure-activity-interest-rates-cre-market.html
There's no uniform recipe book or consensus or playbook that each lender or borrower is using.