Texas’ Biggest Loans Headed to Foreclosure in August
Multifamily properties will be crowding the auction block on Tuesday in Texas. The 28 commercial assets facing foreclosure include nine owned by Houston investor Fercan Kalkan, the founder of Kalkan Capital, Bisnow first reported. In total, Kalkan could lose 3,000 units. Loan documents show he bought the properties between 2019 and 2023 when interest rates