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A 46 percent jump in apartment building foreclosure filings this year helped push Dallas-fort Worth commercial foreclosures to their highest point in more than a decade.
Filings for the first six months of 2010 show that commercial foreclosures are up 58 percent from the same period last year, Addison-based Foreclosure Listing Service said Thursday. So far 1,659 commercial foreclosure postings have been recorded in the four-county area.
“But still, this is nothing compared to the crisis in the late 1980’s when around 8,000 commercial postings were filed in one year,” Foreclosure Listing Service president George Roddy said in the report.
