Thursday, June 14, 2012

CRE Foreclosures | South Florida Foreclosures - The Real Deal

Miami-Dade and Broward counties showed a surge in commercial real estate foreclosure activity in March and April, with a total of 39 foreclosure filings of $250,000 or more, according to data from Off-Market Radar. There were 24 filings alone in March, seven of which were worth $2 million or more. ?While the number of foreclosures has not drastically increased in Miami-Dade and Broward County, the number and percentage of larger deals is accelerating,? said Brian McCarthy, vice president of Off-Market Radar. ? Christopher Cameron

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