George Howell Ward · Arizona Real Estate Salesperson SA528635000 · Landmark ACM, LLC (commercial brokerage) · Advertisement (ADRE R4-28-502)
Not legal, financial, tax, or investment advice. George approaches real estate as a licensed AZ real estate salesperson — not an attorney, law firm, CPA, or investment adviser, and nothing here is the practice of law. For your situation, consult your own attorney and CPA; we may refer you to specific licensed professionals but are not qualified to practice law.
What we are licensed to do. As a licensed Arizona real estate salesperson (under our designated broker, Landmark ACM, LLC), Arizona law lets us negotiate your real estate or lease terms and prepare the standard transaction documents — at no separate charge for the paperwork. What we can't do: interpret the law for your situation, advise you on your legal rights, or draft custom legal documents — that is your attorney's role. For legal questions, consult your own attorney; for tax, a CPA.
Plain-language references on CMBS workouts, loss mitigation, notes, DPOs, and distressed office.

Distressed-Debt Resources

The Five CMBS Workout Paths

DPO, note sale, modification, deed-in-lieu, receivership.

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Six Loss-Mitigation Paths

Every resolution path before forced disposition.

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What a Note Workout Looks Like

Buying a distressed loan at a discount and resolving it.

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When a Discounted Payoff Makes Sense

Paying off a defaulted loan below face.

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How to Identify a Zombie Office

The signals of a true zombie office asset.

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Short Sale vs. Foreclosure

Two very different outcomes for an underwater property.

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