LOAN WORKOUTS AND DEBT RESTRUCTURING

CRC offers investors the full complement of disciplines required to analyze, plan and implement resolution programs for problem loans. We represent investors in the valuation, resolution and/or disposition of problem credits.

CRC’s philosophy is simply that a negotiated, voluntary settlement — without litigation or bankruptcy — is the most efficient means of dealing with a problem asset. Our team handles workouts of credits regardless of size or complexity, and we structure and consummate workouts for all different property types.  CRC’s services include:

LOAN WORKOUTS

  • Extending a maturing loan
  • Reducing the interest rate
  • Reducing the principal balance
  • Adding external capital
  • White Knight
  • Short sale
  • Deed-in-Lieu

DEBT RESTRUCTURING

  • Conducting complete due diligence in connection with the credit and the collateral
  • Establishing a strategy, timetable and system of accountability
  • Devising the most appropriate restructuring of the existing loan terms
  • Negotiating the new structure (forbearance of covenant requirements, collateral substitutions, addition of mezzanine or other subordinate debts)