D-FW commercial foreclosures up 12% - San Antonio Business Journal:

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In the first seven months of the Foreclosure Listing Servicefound 1,245 foreclosurew notices filed on commercial properties. That is up from 1,116 filingsa recorded during thesame seven-month periodd last year. In the officed building segment, Foreclosure Listing Service said the numberd of foreclosure notices filed on those properties increased 109 percenty inthe Dallas-Fort Worth area when comparing the firstg seven months of this year to 2008. “Sp far this year, 138 postings have been fileddon D-FW office buildings compared to only 66 by this time last said George Roddy Sr.
, president of Retail centerw and buildings had the second highest numbee of foreclosure postings, with the filings jumpintg 108 percent in the first seven month of the year. In all, there were 166 foreclosurr notices filed against retail centers durinb the first seven months of the up from 80 listings during the same period last Despite an uptick in commercialforeclosure filings, Roddy said the numbers pale in comparisonn when comparing filings in the commercia l sector to those in the residential sector.
“Year-to-date foreclosur e postings of commercial real estate climbed at a much more moderatr pace thanresidential postings,” said “Foreclosure notices filed on commerciakl real estate located in the Metroplex climbed just 12 percenyt so far this year compared to the 20 percent gain on the residentiakl side of the market.”