Are you losing sleep over your troubled real estate investment?
You are NOT alone and you DO have a number of options to protect your interests.
Do you need help with your real estate investment? Looking for a financial advocate who is on your side and knows every aspect of the industry?
As a former bank CEO, 20+...
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Monthly Archives: December 2014
Example of Hotel Commercial Mortgage Loan Modification
Here is a small list of well-known companies who eliminated debt via Chapter 11
Quiznos: On March 14, 2014, Quiznos filed for Chapter 11 Bankruptcy. Quiznos said it would continue operating while it restructured its debt and made operational improvements.[24] Quiznos emerged from bankruptcy approximately four months later on June 30, 2014, and reduced its debt by about $400 million.
Sbarro: On March 10, 2014, the chain again filed for...
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Some Examples of some Big Named Chapter 11 bankruptcy Case
Quiznos: On March 14, 2014, Quiznos filed for Chapter 11 Bankruptcy. Quiznos said it would continue operating while it restructured its debt and made operational improvements.[24] Quiznos emerged from bankruptcy approximately four months later on June 30, 2014, and reduced its debt by about $400 million.
Sbarro: On March 10, 2014, the chain again filed for...
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Crazy or not but true reasons you can be in default on a CMBS loan
Did you know if can be a act of default on a CBMS loan to send out any correspondence using stationary other than that of the special purpose entity that owns the property? Crazy but true.
One of the many hazards of a CMBS loan...
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Faced with losing his investment property and his business… even though, he never missed a payment
Recently, I spoke to a man who owned a 12k shopping center with a few family members and a restaurant that operated in the center. He told me that a year or so ago, his loan was sold to a different bank and the new bank put his loan into technical default, even though he...
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Top 5 reasons Chapter 11 Attorneys are bringing in Investment Bankers when defending debtors
