Last Sunday's Indianapolis Star included a piece by John Russell addressing whether we may see an uptick in commercial loan defaults and corresponding foreclosures: link. The story identifies a handful of local foreclosures and includes a quote from yours truly. From what I understand, banks and financial institutions are returning to commercial real estate lending. My sense is that there will be a wave of refinancing and not a wave of commercial foreclosures. As suggested by the Star's article, however, this is subject to debate. Thanks to Mr. Russell for seeking my input.