Hanasab & Zolekhian, LLP, is a leading real estate law firm on the forefront of representing borrowers in the restructuring of their commercial real estate loans. With lenders still reeling from the collapse of the residential real estate market, they are now scrambling to shore up the commercial real estate loans on their books. As a result, banks are now willing to restructure or modify these real estate loans. The attorneys at Hanasab & Zolekhian, LLP, are experienced in negotiating real estate financing transactions and use this experience to obtain commercial loan modifications for their clients.
Whether or not your commercial real estate loan is currently in default, a loan modification may be an option for you. A restructured loan can give you breathing room to keep your mortgage payment at a rate that makes economic sense. Possible options includes a lower interest rate, an interest only payment period, a reduced principal amount or a combination of these modifications. In some instances, we can even negotiate a purchase of your note from the bank at a discount. This allows the bank to save on the cost and expense of a foreclosure while allowing them to maintain a positive relationship with their current borrowers. A successful commercial loan modification is a win-win situation for both borrowers and lenders.
The attorneys at Hanasab & Zolekhian, LLP, are perfectly positioned to represent borrowers in negotiating a successful commercial loan modification. Graduates of top law schools including Harvard Law School, our knowledgeable attorneys have years of experience representing both borrowers and lenders in real estate financing transactions. In addition, our attorneys are active real estate investors and have established relationships with countless lenders. We use these relationships to take the interests of our clients’ directly to the decision makers. This combination of unparalleled legal knowledge and trusted relationships ensures that our clients have the best prospect for obtaining a commercial loan mod. Contact one of our attorneys now at 888-845-1888 to see if a loan modification is an option for you.
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