Articles About Extended Stay America

Author:
James I. Clark III
Posted:
08.03.2009

Distressed CRE Hits $108 Billion

More than $108 billion of commercial properties in the United States are now in default, foreclosure or bankruptcy.   That preliminary statistic is nearly double the amount reported at the start of 2009, according to New York-based Real Capital Analytics, Inc. At the end of June, 5,315 buildings were reported to be in financial distress.  Hotels […]

Read More ›

Categories

Archives