Commercial Loan Default - #264

2025-04-15

Commercial Loan Default - #264 In this episode, we break down a five-year saga involving a major commercial loan default — a rollercoaster story filled with challenges, lessons, and (finally) a successful exit. Back in March 2020, a borrower with a massive portfolio of commercial real estate reached out to us for liquidity. What followed was a series of 10 loans backed by 15 properties, a mix of strong assets and serious organizational chaos. From high cash flow and minimal leverage to bounced ACHs and missed payments, this story has it all.

In this episode, we break down a five-year saga involving a major commercial loan default — a rollercoaster story filled with challenges, lessons, and (finally) a successful exit.

Back in March 2020, a borrower with a massive portfolio of commercial real estate reached out to us for liquidity. What followed was a series of 10 loans backed by 15 properties, a mix of strong assets and serious organizational chaos. From high cash flow and minimal leverage to bounced ACHs and missed payments, this story has it all.

We'll walk you through:

How we sourced this deal and why it looked "too good to be true" at first
Why underwriting at a low LTV saved the day
The challenges of working with a disorganized next-gen ownership group
How default and foreclosure almost happened (but didn't)
The ultimate refi and payoffs that wrapped it all up — five years later

Whether you're a lender, investor, or just love real estate war stories, this episode gives an inside look at how commercial loan deals can go sideways — and still end well.

🎧 Tune in for all the gritty details and valuable takeaways for private lenders.

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