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Tips for Conducting a Commercial Loan Modification Workout

A large portion of commercial properties are not actually owned by the businesses that occupy them.  Most commercial properties are owned by investors who lease out space within their building to local businesses.  Some buildings are leased to a single business, while others are divided into sections and floors that […]

The Commercial Loan Modification Hardship Letter

A modification letter is a part of any loan modification process, residential or commercial.  The details of a commercial loan modification hardship letter will differ slightly form that of a residential letter, but the intent remains the same.  The purpose of the hardship letter is to express to a lender […]