Power & Market
Author:
Douglas French
Online Publish Date:
The number of U.S. commercial foreclosures spiked to 635 in January 2024 from a low of 141 in May 2020 reports real estate data firm ATTOM . The January count was up 17% from the previous month and roughly twice as many as in January 2023. “Commercial property deals in the US are picking back up at deep discounts—and forcing lenders to face just