Commercial Real Estate Foreclosures Jumped 117% in March

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The cracks in the economy are getting bigger. It’s only a matter of time before more banks fail. Article is below.

The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work.

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There were 625 commercial real estate foreclosures in March, up 6% from February and 117% from the same time last year, according to a new report published by real estate data provider ATTOM.

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https://www.foxbusiness.com/economy/commercial-real-estate-foreclosures-jumped-march-trouble-looms


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