Commercial Defaults will be a TRILLION dollars over the next 2 years...Huffington Post (Please Read)http://www.huffingtonpost.com/2009/05/19/commercial-real-estate-de_n_205047.html Commercial Refinance or Loan Modification, Which will you choose?  A valid question providing you are in the position to make a choice.  However, with low to no cash reserves, unable to debt service, mortgage lates or defaults, and vacancies being at an all time high, no lender will touch you.  Then, what are your options?Whether you own your building or lease it, you do have options. A leasee can appy a new IRS tax code business strategy callcost segregationand recapture monies you have already paid in taxes for depreciable assets.  The report must be done by IRS approved structural engineer and takes about 4 to 6 weeks to complete. So, if you have a tax liability and have not applied ths process you may have a refund check with your name on it.  You canfind out that amount by answering a 10 question survey, this service accelerates depreciation on assets your company already own, including renovations. For those who own commercial property, ie. apartment buildings, shopping malls, storage facilities, car washes, service stations, car dealerships, car repair or any commercially used building (for profit), can also cost segregate and have their loan modified.  Avoid bankrupcy or foreclosure, with better terms which could save your business doing these economic challenges. ,The Impending doom has begun, and is also an opportunity to make strategic financial decisions that will set your business on a more solid foundation moving ahead.  Do not wait until you no longer have a choice...find out today at no cost if you qualify for commercial relief. Avoid being caught in the implosion! Carmen J day is a Business Development Manager for Commercial Relief.  A company that provides financial solutions for business Property Owners. You may get more information by visitigwww.day.commercialrelief.com; Also you may contact her at 310-272-3513 ...read more

Because the facts speak louder than words: ·The MIT Real Estate Center said that commercial property prices have dropped almost 42% over the past 2 years. ·As a result of that drop, about fifty-five percent of the $1.4 trillion commercialmortgagesthat will mature in the next five years are underwater. ·The delinquency rate for commercial mortgages climbed to 5% in October. A year ago the delinquency rate was just 0.77%. ·About half of all commercial mortgages sit on the balance sheets of smaller banks. So the massive number of bank failures this year is significantly attributable to losses from commercial real estate. ·Frozen Credit Markets ·Late last month, one of the largest commercialreal estate financecompanies in the world filed for bankruptcy The need to restructure commercial real estate loans was rarely mentioned in the news because the focus has been on the housing crisis. However, financial and real estate experts are worried that the commercial real estate market may soon find itself in a situation that is far worse than the housing market. It is believed that many owners of commercial properties, such as office buildings, strip malls, hotels, warehouses, apartment buildings, multi-tenant buildings, shopping centers, commercial lots, restaurants and business complexes may soon default on their commercial mortgage loans. The recession has resulted into a reduction in consumer spending and has affected the income generated from these commercial properties. Thus, apartment buildings, hotels, office buildings and multi-tenant buildings have seen record vacancy rates that are making it more and more difficult for the owners to provide adequate cash flow to pay the monthly installments. And what is worse is that many of these loans are nearing their terms in which the borrowers have to make balloon payments. Nevertheless, banks and lenders have been silent on this impending problem because many of these loans have been funded by commercial mortgage backed securities (CMBS). They did not want the CMBS shareholders to worry, as they have been waiting for instructions from the federal government. Another reason is that there are many legal restrictions to making any changes in the loan terms. However, special servicers have the authority and the power to alter the provisions of the CMBS loans if it is decided that changing it will be the best strategy for the investors. To make sure that all possibilities are considered, the property owner will usually hire a professional to assist in negotiating with the bank for a restructuring of the commercial real estate loans. ...read more

In today's climate the numerous headlines foretells impending massive commercial real estate devastation, resulting in more foreclosures and bankruptcies our nation have ever faced. How do we, as real estate professionals serve our clients needs when refinancing is no long an option? Many have called you to share their concerns and many will be turned away and left to navigate the turbulent storms alone. Are you actively building strategic partnerships which will allow you to meet potentially the most lucrative market in the real estate profession?   Allow me to explain, the numbers are staggering in the Billions of dollars, with commercial loans are facing Balloon payments in the next year. Property owners are struggling with increased vacancies, smaller profit margins, higher Insurances, and a myriad of increased obligations. The other day "Albertsons" grocery store closed in my neighborhood. Poof, after 6 years of frequent visits. They did not relocate, nor did they move to another location, just no longer in business. Is this a sign of the times?  Most businesses will not be able to meet their mortgage obligations, and foreclosure or bankruptcies will be their only option. We are witnessing the residential RE market upheaval; the commercial sector will be a bloodbath. The costs to foreclose on commercial properties is astronomical, however, the train mill will be as always, business as usual for the banks until someone flip the switch! That switch is to initiate the Loan Modification option. Have a specialist do the heavy lifting and mitigate on behalf of your clients. In addition cost segregation is another business strategy which can be facilitated.  Are you in the position to adequately serve this tremendous need?  As a Commercial Real estate business professional, or Mortgage Professional, you will be the first stop these business property owners will make. Our company specializes in Commercial Loan Modifications and cost segregation, we offer affiliate partnership with Industry professionals which all heavy lifting is done in-house. An affiliate would only refer using their own website portal, all files for a FREE prequal.  A service that will create tons of referrals, and dramatically increase the Realtors cash flow. Cost Segregation is a structural Engineers function that any commercial property owner or lessee can possibly benefit from. It is a reclassification of real property and personal property through a former assessment. A process which could uncover several thousand,, or hundreds of thousands of dollars in overpaid taxes.  A certified and approved structural assessment  done properly places this money back into your clients hands within 6 weeks! It is up to the Real Estate professionals to re-correct this market. Do your part and arm yourself you resources to help your customer navigate the upcoming market by providing more services.   Find out more about becoming an affiliate partner. Have a fantastic new start on the most lucrative year yet, 2010!CC ...read more