Here are some charts and commentary from the Realpoint Research Monthly Delinquency Report for January 2010. In January 2010, the delinquent unpaid balance for CMBS increased by another $4.3 billion, up to $45.94 billion from $41.64 billion a month prior. The overall delinquent unpaid balance is up 326% from one-year ago (when only $10.79 billion [...]

Here are a couple of stories similar to thousands playing out across the country, and tens of thousands more to come. The second article gets to the heart of the upcoming commercial real estate bust. The Minneapolis Star Tribune is reporting Brookdale Mall sold at auction for big markdown. A sheriff’s foreclosure auction produced just [...]

Inquiring minds might be wondering what they should do if they are struggling in a commercial real estate deal. Here’s a question along with an answer from my “California Business Banker” friend. “Struggling In Atlanta” writes: Hello Mish, We purchased a small commercial building in Atlanta in late 2007 for $1.3 million. In an attempt [...]

Inquiring minds are digging deep into a 190 page PDF by the Congressional Oversight Panel regarding Commercial Real Estate Losses and the Risk to Financial Stability. Executive Summary Over the next few years, a wave of commercial real estate loan failures could threaten America’s already-weakened financial system. The Congressional Oversight Panel is deeply concerned that [...]

Pleasanton’s Foreclosed Sheraton Hotel Sells for $12.3 Million The new owners plan $2 Million in upgrades to rejuvenate the property. This Hotel is just one of many Bay Area Hotels in trouble. The Contra Costa Times reports: The value of the Bay Area hotels in arrears on their property loans totaled $1.1 billion in 2009, [...]