Posts Tagged ‘ commercial foreclosures ’

Community banks next to suffer from growing commercial foreclosure crisis

February 26, 2010
By Naomi Monk
Community banks next to suffer from growing commercial foreclosure crisis

A mortgage crisis like the one that has devastated homeowners is enveloping the nation’s office and retail buildings, and few places are likely to be hit as hard as Washington DC. The foreclosure wave is likely to swamp many smaller community banks across the country, and many well-known properties, including Washington’s Mayflower Hotel and the...
Read more »

Tags: ,
Posted in Real Estate Markets | No Comments »

Bad Behavior has blocked 56 access attempts in the last 7 days.