SVB, Signature Bank fallout; Invenergy's new manufacturing site: The National Observer March 14, 2023
March 14, 2023 at 14:23 PM EDT
Commercial real estate owners might have a new tactic for dealing with properties made undesirable in the current climate — just default on the mortgage when it matures. The threat of simply not paying could be a powerful bargaining chip against lenders who probably aren't interested in getting into the property-ownership game themselves.
