Because the commercial loan modification industry is so new we have noticed that many people who are considering using our services present us with similar reservations. We have tried to answer some of these points below. If you have any questions about your particular situation, please respond to this email or simply call me at [...]
The commercial loan modification training webinar is free to attend and is created to inform commercial property owners how the commercial loan modification process actually works.If you are a commercial real estate owner who owns a property in financial distress or if you know of someone who is, this might be the most important event that you attend all year.
Chris Dodd Demands Commercial Loan Modifications
Below is a letter written by Chris Dodd the top Democrat on the Senate Banking Committee to Ben Bernanke asking him to recommend that banks begin to modify more commercial loans. Will they listen?
February 22, 2010
Ben S. Bernanke
Chairman
Board of the Governors of the Federal Reserve System
20th Street and Constitution [...]
Hotel loan modifications have become an economic necessity for many hotel and motel owners across the United States. Commercial lending on hotels has almost come to a stand still while billions of dollars hotel loans are coming due. Many hotel owners are seeking hotel loan modifications because the income they are generating is [...]
The Congressional Oversight Panel released their February report entitled “Commercial Real Estate Losses and the Risk to Financial Stability” on February 10th. The 189 page report can be viewed in its entirety here: www.scribd.com/doc/27008229/Commercial-Real-Estate-Losses-and-the-Risk-to-Financial-Stability. Typical of government reports of its kind the authors are long on explanations, coupled with impressive analysis, but [...]
Commercial loan modification can provide a welcome relief to commercial property owners who are behind on their commercial mortgage payments or have seen a drastic decrease in their property values because of a hardship such as increased vacancies. Commercial loan modifications offer the commercial property owner the ability to keep their property, increase their cash [...]
Commercial Loan Modification Process
The commercial loan modification industry is relatively new. Many commercial real estate owners don’t know what to expect of the commercial loan workout process. At Commercial Capital Advisors we understand your concerns and we want every one of our clients to feel completely comfortable with the loan modification process. We believe that [...]
Many commercial real estate owners have questions about exactly how long the commercial loan modification takes from beginning to end. The following commercial loan modification underwriting time line should help people understand exactly how the process works. Please remember that the chronology below is just an example of an average commercial loan modification and the [...]