Applied Service Group and Brij Capital merge forces

FOR IMMEDIATE RELEASE March 25, 2013

(New York, NY) With the growing number of property owners with commercial buildings falling into default because of the economy, prices are currently 42% below the 2007-2008 peak. The principals of Applied Service Group and Brij Capital have combined their efforts to assist these owners through various loan resolutions.

Pop the Bubble of a Commercial Loan Balloon

Millions of commercial mortgages are either still underwater or have large balloon payments due. Commercial mortgages originated prior to 2008 were structured with a balloon payment which was a popular option during that time.

For those not familiar with the term, a balloon payment is a large payment due at the end of a mortgage or loan. Since the payments are not spread out over the full term of a normal 30 year mortgage,