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)