http://www.biggerpockets.com/renewsblog/2009/05/19/apartment-building-foreclosures-create-buyers-market-apartment-buildings/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.biggerpockets.com/renewsblog/2009/05/19/apartment-building-foreclosures-create-buyers-market-apartment-buildings/#comment-65776 Another Investor Thu, 21 May 2009 19:11:39 +0000 http://www.biggerpockets.com/renewsblog/?p=5356#comment-65776 The history of commercial loans is a little different than that of the residential paper market. The banks have had a lot of experience with declining commercial markets in the past and these loans are more likely to be on their books instead of securitized. The government will also act as backstop on a lot of this paper. Although you will see a jump in foreclosures, I'm pretty sure you are going to see a LOT of work-outs negotiated. The history of commercial loans is a little different than that of the residential paper market. The banks have had a lot of experience with declining commercial markets in the past and these loans are more likely to be on their books instead of securitized. The government will also act as backstop on a lot of this paper. Although you will see a jump in foreclosures, I’m pretty sure you are going to see a LOT of work-outs negotiated.

]]> http://www.biggerpockets.com/renewsblog/2009/05/19/apartment-building-foreclosures-create-buyers-market-apartment-buildings/#comment-65771 PFF Thu, 21 May 2009 12:39:56 +0000 http://www.biggerpockets.com/renewsblog/?p=5356#comment-65771 Can my landlord evict me from an apartment building in foreclosure if I refuse to pay the rent in Minnesota? Can my landlord evict me from an apartment building in foreclosure if I refuse to pay the rent in Minnesota?

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