Press release
Nationwide Commercial Real Estate Distress Firm Secures Niche in Church/Religious Facility Market
CPR Commercial, LLC has recently secured a niche in the distressed church/religious facility market according to Don McClain, President & CEO of the company. According to McClain, "There are over 450 church loans maturing in the next six months alone. These people need assistance and guidance on the best way to handle that situation". There is a tremendous need for places of worship who need assistance with maturing church loans. CPR Commercial, LLC offers solutions to the challenges that commercial property owners face today, including recapitalization, restructuring or discounted pay-off on the current loan. CPR Commercial and its team facilitate over $300,000,000 in restructuring and recapitalization monthly by working in conjunction with commercial property owners nationwide. In recent years, the economic downturn has affected religious facilities and made them more vulnerable as attendance and plate income decreases. Church foreclosures have steadily increased in recent years and that trend is expected to continue. CPR Commercial provides a valuable service to these markets and their surrounding communities by offering effective solutions.As the nation's leading commercial real estate debt resolution company, CPR Commercial, LLC provides commercial capital solutions and strategies for commercial property owners, banks and developers across the nation. The company takes pride in working with a network of real estate professionals in order to educate them on how to assist those in the distressed commercial real estate industry. CPR Commercial offers debt, equity, joint venture, property purchases and capital restructuring among the solutions they provide. Based in Houston, TX with locations in Charlotte and Los Angeles, McClain invites those in need of solutions to visit the company's website at http://www.cprcommercial.com.
Commercial real estate properties, large and small, are facing unprecedented challenges in the coming years. With nearly $3.5 Trillion dollars of commercial real estate debt in default or maturing in the next five years, property owners are faced with challenges on how to address maturing loans, underwater properties, broken developments, and lenders who cannot assist.
CPR Commercial, LLC provides answers and solutions and brings commercial real estate back to life.
Contact CPR Commercial, LLC today for a free consultation.
CPR Commercial, LLC
9595 Six Pines Blvd., Suite 8210
The Woodlands, Texas 77380
Tiffany Travis
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