RCA in the commercial property press:


Distress Remains High in the Southwest


Monday, April 19, 2010
Source: Dallas Morning News


Dallas Morning News reports: While residential foreclosures have slowed for next month, there's no letup in the volume of commercial properties set for foreclosure in May.

More than 300 Dallas-Fort Worth area commercial properties, including offices, shopping centers, apartments and warehouses, are set for forced sale by lenders next month. That's similar to levels seen for the last several months and analysts expect commercial foreclosures in North Texas to remain high this year.

As of the latest estimate, there is more than $5.4 billion in distressed CRE in the Dallas area, according to data from Real Capital Analytics. The largest share of those troubled Dallas-area commercial properties – more than $3.4 billion worth – is offices and retail, the new report shows.


View the full article on Dallas Morning News: Distress Remains High in the Southwest


Articles related to this topic:

Bullet Point Over $187 billion in Distressed Property Nationally
Bullet Point High Level of Distress Forces Some Real Estate Firms to Throw Lifelines
Bullet Point Distress Trouble Continues As Large Office Landlord Seeks Loan Modification
Bullet Point San Jose Ranked in the Top 10 for Q1 CRE Sales
Bullet Point Lenders Slow to Analyze Distressed CRE Loans
Posted by: Nina Turner

<< PrevNext >>
 
 

Most Active

 NameVol.(bil)#props
1 ProLogis$13.21,586
2 Centro Propert...$9.6610
3 Nationwide Hea...$7.6456
4 HK Lands Dept$6.924
5 LaSalle$5.479
6 Westfield Group$5.227
7 URA$5.032
8 Blackstone$4.583
9 Goldman Sachs$4.453
10 Farallon Capit...$4.334
Based on live data; deals valued at $10 mil. or greater reported in contract or closed in past 12 months
 
 
Contact

Real Capital Analytics, Inc.
+1 212-387-7103


Trouble Logging In?