Martin Beck, Managing Director's Blog (1)

Workouts With CFR

 What is a Commercial Loan Workout/Modification?

 

With our nation in an economic recession and with the retail market suffering, tenants on commercial properties are experiencing difficulties paying their rents. As a result, commercial property owners are becoming cash flow negative and defaulting on their mortgages. Banks and commercial lenders cannot keep up with the current number of defaults and want to minimize…

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Added by Martin Beck, Managing Director on October 29, 2012 at 5:36pm — No Comments

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