| |
commercial loan modification: Bad things Happen to Good People - 07/12/11 11:12 AM
Financial distress isn’t always the result of extravagance, greed or even poor judgment. Entrepreneurs make business decisions based on the best information available. And while misfortune is part of being an entrepreneur, the ability to adapt to misfortune is the difference between success and failure. 23 specializes in comprehensive commercial debt restructuring and resolution for clients whose financial model has been devastated by unsustainable debt service payments that no longer reflect the economic reality of the asset used to secure the debt. For some of our clients, all they need is an experienced negotiator to provide their lender with the reality … (5 comments)
|
commercial loan modification: 4 Mistakes Entrepreneurs make when Facing Financial Distress - 06/03/11 08:58 AM
More than $1 trillion of commercial property debt is coming due over the next five years with no reliable liquidity available to refinance. Much of the collateral securing this debt is worth substantially less than the current principal amount outstanding. With liquidity at an all time low and collateral values also approaching inflation-adjusted all time lows, many distressed commercial property owners7 operators will be facing the very real prospect of defaulting on the secured commercial debt obligations.
America is at a commercial real estate cross-road. lenders must get back to the business of lending to property owners/operators and entrepreneurs. Commercial property … (2 comments)
|
commercial loan modification: Commercial Loan Modification & Note Restructure- The Process - 07/19/10 12:12 PM
Commercial Loan Modification & Note Restructure- The Process Step 1: Initial Consultation: Depending on the case file, either an attorney or commercial auditor will do an initial comprehensive technical and fundamental analysis of your loan in order to determine whether a commercial loan modification is a viable option for you. Our experts will be upfront with you and provide you realistic estimates as to what sort of response you can expect from the lender. However we cannot guaranty the outcome, our firm does not offer our services to clients where a probability of success is not evident. The majority of … (0 comments)
|
commercial loan modification: Commercial Loan Modification & Note Restructure-July 16 - 07/16/10 11:16 AM
Please watch and or click on it. This is very important info that needs to be found. Your help would be greatly appreciated.
… (0 comments)
|
commercial loan modification: Commercial Loan Modification & Note Restructure-Unique Approach - 07/16/10 09:52 AM
There are a number of reasons why it is crucial to hire an experienced commercial loan negotiator such as In-vision Financial and our Partner Law group when problems occur. First and foremost, our experienced attorneys and well trained staff know exactly what the lenders and servicers want to see in order to consider a commercial loan modification request. Our Partner law groups staff has extensive experience in managing private mortgage Fund(s). What firm better to negotiate with your lender than one who has a relationship with dozens of national and regional portfolio lenders, CMBS servicing agents and private lending institutions not … (0 comments)
|
commercial loan modification: Commercial Loan Modification-The Need - 07/15/10 08:01 PM
The commercial real estate outlook is dreadful. Vacancies are rising; rents, falling; and prices, dropping. Most buyers can’t agree with sellers on terms and the few who are able to agree cannot obtain credit. The market will get worse before it gets better for developers, owners, builders, lenders and investors. The heart of the problem: an inability to refinance. An estimated $250 billion in loans will mature this year, with $310 billion more coming due in each of the next three years. With property values down 50% for some office buildings since the recession began, owners are in a bind. Worse, … (2 comments)
|
commercial loan modification: More Ammo for Commercial Loan Modification - 07/13/10 08:32 AM
The Following article was on CNBC this morning. It shows in the bold area that banks have many on their plates. This is why clients need an advocate on their side to help with their Commercial loan Modifications and work outs. Give us a call we can help. By: Patrick AllenCNBC Senior News Editor Despite tentative signs of recovery in the US and global real-estate markets, enormous challenges remain that will test both the housing market and the banks according to Richard Yorke, the UK Managing Director at research group Real Capital Analytics.
"There are something like 180 billion dollars worth … (0 comments)
|
commercial loan modification: 2 More Commercial Loan Modification Completed - 07/07/10 11:06 AM
We have been working very aggresively with our law firm partner to modify commercial loans. We have recently closed 2 of these transactions with many more in various stages. With several to be modified this month.
-Condo Complex in NC modification reduced the monthly payments down to only $12,000 per month from $24,000 and the lien releases were significantly reduced.
-apartment loan- we redid his loan down to 3% I/O from 5.5%. This is the 2nd modification completed on this loan within 12 months as the 1st one the client did not follow through on which was NOT disclosed to us … (0 comments)
|
commercial loan modification: Smaller Banks Paying Steep Price for Commercial Real Estate Woes - 04/16/10 12:43 PM
Great article on what is happening in the commercial Real Estate landscape.
http://www.foxbusiness.com/story/markets/industries/real-estate/banks-paying-steep-price-commercial-real-estate-woes/
IF you have a property that may be in trouble. Please gie us a call and let us see if we can help. It costs nothing.
… (0 comments)
|
commercial loan modification: How a Commercial Loan Modification Works - 04/13/10 10:01 AM
According to Elizabeth Warren, chairperson of the TARP Congressional Oversight Panel, about half of all commercial real estate mortgages will be underwater by the end of 2010.
“They are mostly concentrated in the mid-sized banks,” Warren told CNBC. We now have 2,988 banks-mostly mid-sized, that have these dangerous concentrations in commercial real estate lending.”
As a result, the economy will face another “very serious problem” that will have to be resolved over the next three years, she said, adding that things are unlikely to return to normalcy in 2010.
Between now and 2012, more than $1.4 trillion worth of commercial … (4 comments)
|
commercial loan modification: Commercial Loan Modifications-update - 04/06/10 08:24 AM
Get paid refering commercial loan modifications
With approximately 1 trillion in commercial debt coming due in the next 18 months, and less than an expected 18% of this amount in new capital projected to be made available by existing lenders, this leaves 82% of current commercial property owners unable to obtain financing over the next 18 months unless they qualify for government financing. Will you be one of the few who will capitalize on this solution? If you a property owner who is either behind on payments, has a balloon coming due, needs a discounted pay off to re finance or sell, … (0 comments)
|
commercial loan modification: Half of Commercial Mortgages to Be Underwater-CNBC - 03/29/10 06:40 PM
Half of Commercial Mortgages to Be Underwater: Warren Published: Monday, 29 Mar 2010 | 7:04 PM ET Text Size By: CNBC.com By the end of 2010, about half of all commercial real estate mortgages will be underwater, said Elizabeth Warren, chairperson of the TARP Congressional Oversight Panel, in a wide-ranging interview on Monday.
“They are [mostly] concentrated in the mid-sized banks,” Warren told CNBC. “We now have 2,988 banks—mostly midsized, that have these dangerous concentrations in commercial real estate lending."
As a result, the economy will face another “very serious problem” that will have to be resolved over the … (4 comments)
|
commercial loan modification: How to Do a Commercial Loan Modification - 03/19/10 08:17 AM
… (2 comments)
|
commercial loan modification: Commercial CMBS Loan Modification News - 03/18/10 11:47 AM
Let me say at the start this was forwarded to me in an email. I have no idea who wrote it, but i thought it was important to share.
Commercial Real Estate Losses Could Hit $300 Billion: TARP PanelLosses from defaults on commercial real estate loans maturing in the next few years could go as high as $300 billion, threatening to topple nearly 3,000 community banks nationwide, a federal watchdog group has concluded.Market analysis by (COP), charged with keeping tabs on the government’s Troubled Asset Relief Program (TARP), shows that $1.4 trillion in loans made over the last decade for … (2 comments)
|
commercial loan modification: Commercial Note Restructure - 03/17/10 04:48 PM
The commercial real estate outlook is dreadful. Vacancies are rising; rents, falling; and prices, dropping. Most buyers can’t agree with sellers on terms and the few who are able to agree cannot obtain credit. The market will get worse before it gets better for developers, owners, builders, lenders and investors. The heart of the problem: an inability to refinance. An estimated $250 billion in loans will mature this year, with $310 billion more coming due in each of the next three years. With property values down 50% for some office buildings since the recession began, owners are in a bind. Worse, … (1 comments)
|
commercial loan modification: What is a Commercial Loan Modification - 03/17/10 02:27 PM
COMMERCIAL MORTGAGE BACKED SECURITY MODIFICATIONS
Does the Loan to Value exceed 90%? Does the Loan Amount exceed the true value of the property preventing the property from being sold? Has the Property been repeatedly turned down for refinancing by both conventional & private lenders? If a discounted payoff were obtained could you refinance or sell the property? Have falling market rents & increasing vacancies caused the property to cash flow negatively? Is there deferred maintenance? Has the lender or servicer previously denied an extension or modification? If you answered YES to any of these questions,please contact me! I may be able … (1 comments)
|
commercial loan modification: Commercial Loan Modifications From In-Vision Financial - 03/16/09 08:14 AM
Let the Professionals Work on your Commercial Loan Modification In-Vision Financial launches commercial loan modification program, It has become more prevalent that commercial mortgage holders have found it more and more trouble making their payments, and have been unable to refinance to the lower interest rates that we have seen in this environment. We have successfully negotiated with multiple lenders to modify our client commercial loans. So we have decided to offer this service to a wider range of clients. We have lowered interest rates, moved delinquencies to the back of the mortgage, and restructured terms. Call us to find out … (0 comments)
|
|
|
|
|
|
Christopher Hills, Managing Dir. Lending
Hopkinton,
MA
More about me…
23 Ventures LLC
Address: 197 Main Street, Milford, MA, 01757
Office Phone: (508) 488-9186
Email Me
 Listings
Links
Archives
|
;)
;)
;)
