Commercial Real Estate Loan Workouts

Commercial Loan Modifications: Relief for Property Owners in Distress

As commercial property owners everywhere struggle to survive a real estate market crippled by difficult financing, higher interest rates, increasing foreclosures and lower property values, many are burdened by what seems like an impossible situation as they face possible foreclosure. REYES LAW GROUP, APLC, provides decades of experience and knowledge to those searching for a viable resolution to their current commercial mortgage issues by successfully coordinating commercial loan modifications and workouts for commercial property owners in distress in the Los Angeles and Las Vegas metropolitan areas. Built on sound professional judgment, honesty and integrity, REYES LAW GROUP, APLC provides reliable, comprehensive assistance through all phases of the commercial loan modification process—helping you fight every step of the way to avoid foreclosure!

What is a commercial loan modification or workout?

A commercial loan modification or workout is a process that a lender and borrower go through to find a mutually agreeable resolution to a delinquent loan. Typically, the original terms of the loan are modified, making the loan repayment easier for the commercial property owner to adhere to.

Some possible outcomes of a commercial loan workout:

• Forbearance agreement
• Decreased monthly payments
• Graduated interest rate
• Increased loan term
• Ownership or collateral control change
• Change of lender’s options
• Improvement to borrower and lender remedies
• Deed in Lieu of Foreclosure
• Bankruptcy protection for the borrower

REYES LAW GROUP, APLC is Dedicated to Assisting You From Beginning to End

From the moment you begin discussing your delicate situation with REYES LAW GROUP, APLC you will notice a difference in the attentive service you will receive. REYES LAW GROUP, APLC will take the time to go over options specific to the challenges you are currently facing with your commercial loan, helping you get the relief you need.