U.S. commercial foreclosures rose 17% in January from the previous month and 97% from 2023, according to real estate and property data provider Attom. Attom counted 635 commercial foreclosures across ...
The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work. There were 625 commercial real estate foreclosures in March, up 6% from February and ...
In March, Blackstone Group President Jon Gray told Bloomberg that commercial real estate prices, which have been plunging since interest rates spiked, are “bottoming.” He noted that while vacancy ...
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Commercial foreclosures jumped 117% year-to-date in March, data from ATTOM shows. It reflects difficulty for the real-estate market, which has been hurt by high interest rates. Offices have led the ...
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