Of the 26 largest metros, Cleveland and Detroit metros have the worst delinquency rate for commercial property loans, according to data compiled by Bloomberg. Nearly 4% of mortgages for Cleveland and Detroit office buildings, shopping centers, warehouses and other commercial buildings were more than 60 days late. That’s almost 4 times the national average, according to Bloomberg. Commercial...
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Reactions to Cleveland, Detroit and Tampa have the nation's worst delinquency rate for commercial real estate loans
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