April 01, 2016 Feature

Foreclosure and Other Transfers of Distressed Commercial Real Property

Rinky S. Parwani

A borrower defaults in payment of a commercial mortgage loan. A lender starts foreclosure. This is a rare occurrence, isn’t it? Well, not really. Foreclosures have been around since the start of mortgage lending and will continue to be with us as long as lenders make loans.

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