IndyStar – Heads Up: Some See A Wave Of Commercial Delinquencies Looming

Last Sunday’s Indianapolis Star included a piece by John Russell addressing whether we may see an uptick in commercial loan defaults and corresponding foreclosures:  link.   The story identifies a handful of local foreclosures and includes a quote from yours truly.  From what I understand, banks and financial institutions are returning to commercial real estate lending.  My sense is that there will be a wave of refinancing and not a wave of commercial foreclosures.  As suggested by the Star’s article, however, this is subject to debate.  Thanks to Mr. Russell for seeking my input.