Small firms could face property foreclosures this year

04/30/2013 | Wall Street Journal, The

Many small companies could feel the heat in 2013 as banks re-evaluate their commercial mortgages. Banks generally reassess the loans every five to 10 years, and more than $270 billion worth of commercial mortgages are expected to come due this year. Lenders might be more inclined to foreclose on the loans -- rather than offer extensions -- because they are now on more stable financial footing and "are in a position to take a hit," according to Dan Fasulo of Real Capital Analytics.

View Full Article in:

Wall Street Journal, The

Published in Briefs:

SmartBrief Job Listings for Business

Job Title Company Location
Director, Workforce
Arlington, VA
Administrative Management Specialist
Smithsonian Institute
Washington, DC
Manager, Human Resources
Florence, KY
Generalist - Human Resources
Marriott Hotels Resorts
Brooklyn, NY
Admissions - Assistant Director
The Art Institutes
Novi, MI