Detroit Office Foreclosures: Why Lenders Avoid It

Detroit office foreclosures activity has remained surprisingly muted—even as Metro Detroit’s office vacancy rate hovered around 19.5–20.5% through 2025, with certain submarkets like Southfield and Troy pushing even higher. Nationally, the pattern mirrors what we’re seeing locally: record-high vacancies, elevated CMBS delinquencies (the office sector frequently exceeding 11–12% in 2025–early 2026), and a mounting wave […]