Four commercial properties in South Florida have been scheduled for foreclosure auctions. A fifth building has recently been seized by a loan investor. The owner of the largest property to be put up for sale lost an $11.5 million foreclosure judgment.... Read More
The four-year decline in the prices paid for retail property sold in UK auction houses has slowed according to data released by industry analysts IPD. The IPD UK Retail Property Auction Index, produced in conjunction with leading commercial property... Read More
Low prices and falling rents have created a situation where banks are feeling the pressure to get large loans off their books and have resorted to putting a significant number of commercial properties up for auction hoping for a quick sale. This is... Read More
