Martell: Distressed borrowers often exploit relationship leniency from banks
Ted Martell · Ted Martell – Empty Rooms: Commercial Real Estate Non-Performing Loans in NYC at Maverick Real Estate (EP.349) · Nov 9, 2023 · at 22:23
Ted Martell, co-founder of Maverick Real Estate Partners, contrasts bank lenders focused on borrower relationships with distressed debt buyers focused solely on problem resolution.
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“I think borrowers many times will abuse that relationship with their banks.”
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