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apartment foreclosures

Commercial Real Estate

Apartment Building Foreclosures Create a Buyers Market for Apartment Buildings

by Ted Karsch | May 19, 2009

Many apartment buildings are now facing foreclosure because of falling prices, stricter underwriting guidelines and 5 year mortgages becoming due. For the astute buyer of apartment buildings these apartment building foreclosures could represent an investment windfall.

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As a glaring symbol of the burst bubble in national residential real estate prices, the National Association of [...]

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