Istvan Fekete 10:00 am | First Family Church in Overland Park is now threatened by its lenders to take possession of the property if it doesn’t pay more than $14 million in mortgage and other costs. There is a foreclosure petition filed in Johnson County District Court by Regions bank that asks the property to…

Arnold Balthazaar 10:00 am | After the meltdown that so the US economy grind to a halt, it hardly seems likely that Tinsel Town would be first to sport a recovery in commercial real estate. However, give the dramatic markdowns of bank owned property and the prevalence of commercial shorts sales in Las Vegas, it…

Arnold Balthazaar 07:00 am | Amid the media frenzy accompanying the global economic crisis, it may be that a certain sense of skepticism has filled the air at times. Nevertheless, while the green shoots of economic recovery have been referred to as if the representing the Second Coming, many parts of the United States are…

Arnold Balthazaar 07:00 am | Corporate lay-offs have plagued the United States ever since the onset of bad debts that reared their heads in late 2007, and Silicon Valley has of course been no exception. A poignant reminder of the sheer carnage inflicted upon the distressed commercial property market is found in the recent acquisition…

Amitesh Kumar 07:00 am | Although Texas State is not in the forefront of residential foreclosure listings, according to latest statistics, it attracts attention in the foreclosure scenario of commercial properties. News is the Austin area commercial property market is experiencing a new turn by the surge of high-profile commercial properties. Foreclosure postings are emerging…