Commercial Loan Mods

Is your commercial property suffering from decreased operating income? Is your loan coming due or past due? Have you been unable to refinance your commercial property loan?

In these trying times many commercial property owners are caught between a rock and a hard place; on one hand increased vacancy has reduced cash flow while on the other tight (or non-existent) lending markets have left them with no hope of refinancing properties that are good long term investments. Over the next few years commercial property foreclosures will skyrocket but there is an alternative to handing back the keys.

Your lender is in an equally difficult position because they cannot afford to carry another non-performing loan or real estate owned on their books. This means that it is in their interest to work with you to prevent foreclosing on your property but doing so runs counter to their culture. The fact is that most lenders do not have their business structured to deal systematically with this impending crisis.

The solution is to help your lender make a good business decision but like the old saying about lawyers representing themselves this is a task best performed by an experienced and dedicated third party.

Our Commercial Debt Restructuring team specializes in renegotiating commercial loans on behalf of property owners. The team is comprised of experienced bankers, lenders, FDIC auditors, CMBS originators, accountants and attorneys who can speak to your bank in language bankers understand. They are successful in renegotiating both small and large loans and their fees are based on results achieved. If you have been unsuccessful in refinancing your commercial property loan or know of someone who needs help with their loan please contact us.