Borrowers today are frustrated. Those confronted with distressed commercial real estate loans are up against declining prices, lower tolerance for risk by lenders, potential income loss and debt that often exceeds the equity in the property. We all know past factors — low interest rates, easy credit, no-money-down real estate transactions, and overextension of credit by certain banks — played a huge role leading up to the discontent that exists in today’s lending market…
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Michelle R. Jester
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