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Remedies for Lenders When Commercial Real Estate Mortgage Is In Default

The commercial real estate mortgage loan is in default. The defaults are material. Discussions have occurred among lender, borrower and their representatives. There’s been a forbearance agreement, or several. The loan has been “extended,” pretending time will be the panacea. “Extend and pretend” has failed. The lender has remedies. This article describes those remedies.

20 minute read March 01, 2026 at 12:09 AM
By
Richard S. Fries and David A. Fries
Remedies for Lenders When Commercial Real Estate Mortgage Is In Default

The commercial real estate mortgage loan is in default. The defaults are material. Discussions have occurred among lender, borrower and their representatives. There’s been a forbearance agreement, or several. The loan has been “extended,” pretending time will be the panacea.

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