Testimonials

Property Type: Biodiesel Manufacturing/Production Plant
with MANY contracts (private and government) pre-sold awaiting fulfillment after production.

Case: Client first contacted CLR two (2) weeks away from Sheriff Sale.

Client recently purchased biodiesel manufacturing plant. Client needed an additional $1.6 million for equipment and a build out of the plant to start production. The equipment company was paid, never delivered the equipment and went bankrupt, keeping the money paid. Without the equipment, our client could not produce anything and therefore no income. The BANK did not care, and began foreclosure on the property.

Resolution:
During our negotiation process, we uncovered a regulatory issue with the bank. Due to our expertise in contacting and talking with ALL the various regulatory agencies, we were able to get them involved. The President and VP of the bank were immediately fired. The CEO of the bank personally met with our client. Their meeting concluded with a commitment from the BANK CEO to assist in the purchase of NEW equipment, pursue the absconded funds from the original equipment vendor, at NO COST to our client, build-out of the plant, and NO PAYMENTS until the plant is in the production stage.

Status: Success

"I own a strip mall just out side of Houston, Texas and have been struggling the last year or so with keeping my property fully occupied and it didn't take long before I was pulling money from my pocket to just keep up the payments on my mortgage. My cash flow was negative and with the economy being in the toilet it didn't look good. I considered selling the property but was told that it wasn't a good time by a local broker. I was stressed out and because of it my family life was suffering. You guys did it! First, after I became a client, you made the whole process simple and put my mind at ease. Second, you lived up to your reputation by aggressively, yet professionally, handling my commercial loan modification. My monthly nut to my Mortgage Payment was reduced and I was able to focus and improvements on my property, which allowed me to secure a solid tenant which has nearly doubled my monthly rental income and allowed me to pay down my credit card debt. You guy's are for real! Thanks - Good work guys!"
Bill D. - Houston, Texas

"My father and I run and own a corner liquor store and a 42 unit building attached, we have owned the property for over 20 years and have always been able to make a decent living. I never expected that when it came time for my loan to adjust on the building that I would not be able to refinance for a lower rate! My interest rate has sky rocketed and it forced my father and I to raise the rent on the apartments above. It wasn't long before even some of our older tenants were forced to move to cheaper apartments. My father and I contacted our local attorney in search of answers. He's a nice guy and very knowledgeable about the real-estate market but had never done a Commercial Loan Modification. I tried contacting my bank in hopes of refinancing my loan and avoiding foreclosure. I told them that there was no way I could continue to make the new payments on my loan. They took down my information and told me a service professional in their default department would be calling me. He never called! The only call I received from the bank was from the collection department. After your company did my loan modification, my interest rate was significantly lowered and my monthly payment was decreased by over 40%. My father and I have some dignity again and I appreciate all the hard work that was done. This was a smart business move."
Nick S. - Chicago, Illinois

"It's all about cash flow! Your company was able to restructure my loan and in turn I was able to increase my cash flow. I received expert advice and was kept well informed throughout the entire process. I also, liked how fast it was done. I have already recommended your company to a business associate of mine."
Michael M. - New York, New York

"I am the acting partner of a relatively large well known real-estate management company on the west coast. We have over 250 properties in our portfolio that we manage on a daily basis. In the past 8 months or so, many of the property owners have called asking if our firm had any recommendation for a good law firm that handles Loan Modification Restructuring. My job is to facilitate a property owner's needs and make sure his agenda is our priority. I had made a couple of phone calls to some associates in the management business and was told that bar none your company was the most reputable. I called and spoke to a Marci and was blown away with her knowledge and experience with working with the bank. She told me that this was nothing new and in fact she had been in the commercial market place for most of her career. She explained how a bank was often reluctant to restructure a loan for a client because it was not in their best interest. It's not until the bank is contacted by an outside firm and know the client has hired us to look out for their best interest do they began the negotiating process. Simply put the bank knows that resolving the matter is in their best interest and in the end is best for their bottom line. The Bank however does not want to modify their entire portfolio and that is why often time's, customers come to us for help, because their bank or lender said they did not qualify for a modification. She sent me an e-mail link to her site and we spoke about some of my client's property losses and how the economy was totally upside down. I was so impressed with her knowledge of how it all works that I offered to pass her info. Their company did such a great job on a couple of my clients that I now recommend that all my clients call them before they make a decision. I'm very happy to recommend my clients to your company."
Scotty P. - Los Angeles, California