I just wanted to throw this out there.
With news like this, it makes you think what those commercial investor's are thinking out there?
This article briefly lays out the increased activity of defaults on commercial properties with investor's and banks.
Locally here in Southern California, there have been instances where owners of vacant commercial property are not accepting offers. Granted, these are low ball offers but profitable nontheless.
Wouldn't it make more sense to just lease the property rather than let it default?
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