There were 2,431 Dallas- Fort Worth commercial real estate foreclosures in 2009, that’s up from 1,900 commercial foreclosures in 2008.

The biggest rise in commercial foreclosure filings in 2009 was in postings for office – up 121 percent – and retail buildings, up 20 percent.  Foreclosure filings for commercial land also increased by 71 percent compared with 2008. Apartments were near the top of the list of commercial …

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Commercial real estate foreclosures may be poised to be a major Achilles heel for the financial recovery we all hope to see.  Many commercial real estate properties are losing serious value and tenants causing a jittery reaction of commercial real estate lenders.   It’s becoming a common headline to hear about some “poor” real estate developer who lost his/her shirt because a loan …

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Approximately 250 commercial real estate properties in the Dallas Fort-Worth area are facing foreclosure.  Foreclosure filings for about 250 properties include buildings, hotels, shopping centers, warehouses and commercial land. In total, the foreclosures represent more than $900 million in debt.  Some of the biggest foreclosures were the Four Seasons Resort and Club with more than $183 million in debt and the …

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According to an article in the Dallas Morning News, Dallas- Fort Worth ’s commercial real estate industry may face another year of foreclosures as more properties lose value and financing.

The article said:

“The vast majority of buildings bought after 2005 are absolutely not worth the debt,” said Paul Whitman, president of commercial real estate firm Jones Lang LaSalle’s Dallas office. “Don’t be shocked that there will be hundreds of millions of dollars …

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According to an article in the Star-Telegram, an increasing number of commercial property loans may face foreclosure in the next few months, as interest-only loans that were issued in the past several years reset.

The article said:

“There’s a massive amount of these loans ready to hit market,” said Ben Loughry, managing partner of Integra Realty Resources in Fort Worth and Dallas. “The commercial real estate bubble is continuing to grow.”

Even …

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According to an article in the Dallas Morning News, more than 250 Dallas- Fort Worth area commercial and investment properties are facing foreclosure in October. The properties have more than $400 million in debt attached to them and included in the foreclosure filings are several large developments.

The article said:

“The just-completed Two Addison Circle office building on the Dallas North Tollway is scheduled for foreclosure action by lender Wachovia Bank. Wachovia lent …

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Well, it’s official…it looks like the commercial real estate industry is plunging into a foreclosure crisis due to reduced lending, stagnant consumer spending and a whole lot of bad loans. According to an article in the Star-Telegram, the commercial real estate foreclosure crisis is getting so bad that even Morgan Stanley reported a loss of more than $1.2 billion mostly caused by commercial real estate foreclosure losses. And …

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… Friday. “The economy has changed so dramatically. The money dried up going forward.”

The commercial real estate developer is hoping to avert foreclosure by seeking additional investors, but the probability of finding one may be remote. The commercial real estate industry is facing unique circumstances as the foreclosure crisis which is strangling the residential real estate sector is now infecting commercial real estate AND lending for both the consumer and commercial sectors has …

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According to an article in the Star-Telegram, commercial property foreclosure postings rose by 12 percent in North Texas from a year ago.

The article said:

“There have been 384 postings in Tarrant County through July, down 27 percent from a year ago, according to Addison-based Foreclosure Listing Service. In Dallas County, postings are up 27 percent. Those two counties account for 77 percent of the 1,245 postings in the area, which …

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According to an article in the Dallas Morning News, real estate investors who say commercial real estate broker Henry S. Miller Commercial has refused to pay $9 million in court judgments against him and they are seeking to force the broker into bankruptcy.

The article said:

“The case revolves around the planned sale of eight apartment complexes and one office building owned by the BNC Real Estate affiliates. Miller Commercial, one of Dallas’ best-known private real …

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According to an article in the Dallas Morning News, commercial real estate values are continuing their downward spiral dropping 8.6 percent in April, which is the largest one month decline ever recorded. And states like Texas have experienced the worst commercial real estate declines with some property values falling off by more than 20 percent.

The article said:

“Another recent commercial property report predicts that the Dallas area will …

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According to an article in the Dallas Morning News, the commercial real estate developer of the Heritage at the Stoneleigh Dallas, a luxury residential development in Dallas’ Uptown area, has been forced into involuntary bankruptcy by five of its creditors.

The article said:

AP-Prescott Stoneleigh Residences LP owes $4.7 million primarily to Turner Construction Co. and it subcontractors for work on the tower located on Maple Avenue… Work …

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