Surplus funds, also known as excess proceeds, are the remaining money from a foreclosure or tax sale after all debts and liens on the property have been paid.
Distressed investors are targeting US commercial real estate deals as a result of plummeting office values due to the pandemic. Private equity firms have earmarked 64% of funds for this sector.
The 2024 data from the annual Point in Time count was released for Maricopa County on Wednesday and shows the number of people living without housing stayed fairly steady.