Real Capital Analytics (RCA) reported that commercial loan modifications may be increasing. RCA noted that lenders resolved $14.7 billion in distressed situations at the end of February 2010. However, this is still a small portion of the $157 billion dollars of troubled commercial debt on the books today, they say.
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Is your commercial property suffering, perhaps from a loss of tenants and income, more concessions or rent reductions? Is the impending threat of missing debt payments looming? Or are you already on the path to foreclosure, with unsuccessful negotiations for a loan modification? It may not be too late. Commercial Affiliates specializes in commercial loan modifications and debt restructuring.
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