Commercial Delinquency Rate Still On The Rise
Despite signs of the Economy turning around, the Commercial delinquency rate is still on it’s way up, with no signs of turning back. The term “distressed owner” is becoming more and more popular. With revenue down, owners are unable to make payments and fall behind. Thus, they and their property become “distressed”. The amount of distressed properties, is not showing signs of decreasing, causing lenders to sell off the “distressed” loan.
Remington‘s Distressed Owner Recapitalization program is designed to relieve distressed owners.
So if you have a distressed property, please contact me as I would like the opportunity to review your project.
Aaron Bogdanoff
480-390-9208
Tags: aaron bogdanoff, distressed owner recapitalization, distressed real estate