Homeowners are not the only ones worried about losing their properties these days, landlords and commercial property owners are having many of the same headaches, but on a bigger scale. A bad economy has made many companies close branch operations or otherwise consolidate operations and personnel, and many other companies have had to stop doing business altogether due to poor sales and revenue. Many businesses have had to close their doors and declare bankruptcy. It is a virtual epidemic across the country. When businesses close it is not only the business owner that suffers but also their landlord.

Newspapers have reported that commercial foreclosures have increased dramatically in the past year and that they will continue to increase over the next year, even if the economy improves. Many commercial building owners are looking for ways to save money and increase cash flow and they are increasingly looking at commercial refinancing or commercial loan modification.