D-FW commercial foreclosures up 12% - Dayton Business Journal:

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In the first sevenh months of the year, Foreclosure Listing Service foundx 1,245 foreclosure notices filed on commercial That is upfrom 1,116 filingds recorded during the same seven-montuh period last year. In the offic e building segment, Foreclosure Listing Service said the numbef of foreclosure notices filed on those properties increasee 109 percent inthe Dallas-Fort Wortgh area when comparing the first seven monthsa of this year to 2008. “So far this 138 postings have been filedon D-FW offics buildings compared to only 66 by this time last year,” said George Roddy Sr.
, president of Retail centers and buildings had the seconx highest number of foreclosure with the filings jumping 108 percent in the first seven months of the year. In all, there were 166 foreclosure notices filecd against retail centers during the first sevehn months of the up from 80 listings during the same period last Despite an uptick in commercialforeclosure filings, Roddy said the numberw pale in comparison when comparing filinges in the commercial sector to those in the residentiaol sector. “Year-to-date foreclosure postings of commerciall real estate climbed at a much more moderatre pace than residential said Roddy.
“Foreclosure notices filed on commercia l real estate located in the Metroplex climbec just 12 percent so far this year compared to the 20 perceng gain on the residential side ofthe market.”