Tag Archives: distressed property

Higher Commercial Mortgage Rates + Higher Cap Rates + Lower Building Valuations = Refinancing Problems And Finally, Distressed Commercial Properties!

Distressed Commercial Real Estate With interest rates spiking, cap rates moving higher and building valuations therefore trending lower, commercial building owners may be facing some significant headwinds when the time comes to refinance the mortgage on their building. In business, finance and the economy the John Templeton phrase ‘this time it’s different’, is typically invoked […]

Zombie (Foreclosure) Update

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service Last week we wrote an article that included an infographic defining what a Zombie Foreclosure is and the harm they do to the neighborhoods that they are in! These abandoned properties tends to be neglected, possibly vandalized and most definitely eyesores detrimental to the value of the other houses around them. […]