#1 Denial: The Lender doesn’t want the property!
Irrelevant - they will exercise their remedies.
#2 Anger: They’re not dealing in good faith!
They funded. Now they’re in collections mode.
#3 Bargaining: OK, Let do a deal.
You didnt influence the lender. You fought. Times up.
#4 Depression: The Lender is out to get me.
No. You didn’t give a reason for a borrower with no equity to guide a falling knife.
#5 Acceptance: OK, Who can help me?
Now it’s too late- You should have aske this question 90 days before the problems start.
#CREINVENT #distressedassets #distresseddebt #crefinance #realestate #cmbs
