News buried in a Globe article, out today:
The Boston Fed found that 29 percent of the 4,756 foreclosures in Massachusetts through mid-August this year involved multifamily buildings, although only 10 percent of the state’s residential properties are multifamily. The number of foreclosures, and the number of multifamily foreclosures, both are on pace to double last year’s totals.
Source: Default crisis is evicting renters – By Binyamin Appelbaum, The Boston Globe
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