One in three distressed borrowers handing back buildings, experts say

More and more borrowers are handing over the keys to their distressed buildings, according to panelists at the IMN Distressed CRE West Forum in San Francisco this week, leaving their lenders with no court fight to foreclose but often a “pretty messy” clean up job filled with potential pitfalls and liabilities.  About one-third of distressed […]This article originally appeared on The Real Deal. Click here to read the full story.