"Commercial Loan Modification Experts"
"WE NEGOTIATE WITH COMMERCIAL MORTGAGE BANKS TO LOWER YOUR PAYMENTS"
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Commercial Loan Modifications
Here's the outlook for commercial real estate loan modifications:
- Nearly $73 billion worth of commercial real estate loans are in some level of financial distress
- Credit Markets Remain Frozen
- Slashing Rents, Incentive offerings, Demanding Concessions
- Empty storefronts, Office buildings and Warehouse Space.
- The losses from commercial real estate loans could hit $53 billion, or 8.5 percent of their overall loan losses over the next two years.
- Apartment loans are expected to rise further as unemployment climbs, leaving landlords struggling to fill vacancies and make their mortgage payments
- Overall, some $270.5 billion commercial property loans are expected to come due this year alone and it's likely many borrowers won't be able to refinance
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