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Lenders are Taking Back Defaulted Commercial Property

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Services for Real Estate Pros

According to commercial research firm, Real Capital Analytics, lenders are beginning to reclaim seriously delinquent commercial loans at an accelerated pace.

During the first five months of 2010 lenders took back around $10 billion in commercial real estate and sold only $2.6 billion in the same period. The total of property now on the books of lenders in the commercial arena is around $28 billion... (Click here to read the rest of this article about commercial real estate)

Mike Wong
Keller Williams Realty Southwest - Sugar Land, TX
Realtor: Commercial, Residential, Leasing, Invest

Thanks for making me aware of that. I need to start some research in my local market.

Jul 07, 2010 11:50 AM