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Home / Commercial Mortgage Finance
Commercial Mortgage Challenges
Commercial mortgage lenders face unique challenges and risks. Consider payment delinquency. Default. Discrepancies in appraisal and valuation. Lien holder rights. Foreclosure, redemption, auction and sale. The list of potential pitfalls is long.
Heightened Concerns
Concerns are even more attenuated when the anticipated income or value associated with the property is pledged as collateral. Should that anticipated income fail to materialize, or if the value of the property drops unexpectedly, lenders can reluctantly – even inadvertently - become direct owners. Resolving these issues in court could take years, leaving the loan, the property, and the borrower/lender relationship in shambles.
The Benefits of ADR
Alternative dispute resolution (ADR) is a more efficient, predictable and amicable way to resolve commercial mortgage disputes and achieve legal decisions without the expense and delays of court. Both lenders and borrowers alike are discovering the benefits of ADR and enjoying better business relationships, improved risk management, and reduced legal expenditures.
Let the FORUM Help
The FORUM can develop an ADR solution to suit your particular commercial mortgage needs. When disputes arise, you can take comfort in knowing that our arbitrators and mediators possess commercial finance expertise and an expert knowledge of the applicable commercial finance, foreclosure and real property law. For a better dispute management program, contact us today.
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