Tag: Commercial Foreclosures



Foreclosures Ahead for US Commercial Property Owners

Posted on 13 May, 2013 by Jodee Redmond under Worldwide Property News

Many small US companies and investors holding commercial properties are facing a financial crisis. Banks usually re-evaluate this type of mortgage loan at the five or 10-year term mark. They have the option of renewing it or asking the owner to pay it... Read More

Commercial Foreclosures in Multimillions in Some Florida Counties

Posted on 29 March, 2013 by Jodee Redmond under Worldwide Property News

The commercial property market has not been immune to the effects of the foreclosure crisis. Years after the real estate boom went bust, Southwest Florida has seen some multimillion dollar commercial foreclosures in Lee and Collier counties. While there... Read More