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🇯🇲 Jamaica economy

Dozens of properties headed to auction amid jump in past-due loans

Dozens of properties headed to auction amid jump in past-due loans
Summary

A commercial plaza, a medical facility, and resort-area properties are among dozens of mortgaged properties scheduled to be auctioned in August. It comes amid a three-quarter rise in past due loans across the financial sector, according to latest Bank of Jamaica (BOJ) data. Conducted by D.C. Tavares & Finson Realty Limited, the August 26 sale spans eight parishes. This list of 46 properties is not exhaustive but reflects the latest batch on the market.

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