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.
Distressed-debt resource
Six Loss-Mitigation Paths for Distressed CRE
Loss mitigation is the structured analysis of every resolution path BEFORE a forced-action timeline expires. When an asset is underwater on debt service, six paths are usually on the table.
The six paths
Short sale — sell below the debt with lender consent (see the short-sale resource).
Note workout — a distressed-debt buyer acquires the loan and works it out.
Recapitalization — new equity right-sizes the capital stack.
Discounted payoff (DPO) — pay off below face.
Deed-in-lieu — surrender to the lender.
Foreclosure → REO — the lender takes and disposes of the asset.
The point of the exercise. The right path depends on capital stack, market comps, lender posture, and timeline — and the time to analyze it is before the clock runs out, not after.
Educational only — not legal, tax, or financial advice. Distressed-property decisions carry legal and tax consequences; consult qualified professionals.