Financial Success Stories
Success Stories: GFCIB has saved millions of dollars for dozens of owners of multi-family, retail, office, and other investment properties in bank negotiations.
Our driving mission is to ensure that no real estate investor or small business owner ever has to face the onset of the workout process alone. The list below represents the wide variety of clients we have represented all across the country, as well as the breadth of expert services we provide to ensure maximum savings and minimal stress.
Some of our success stories:
450k sq ft Office building in Columbus, Ohio – Provided new 1st mortgage of 8.5 million to pay off existing lender & buyout partners. Also negotiated a discount to the pre-payment penalty from the previous lender.
32k sq ft Office building in Ohio – Provided 2.9 million 1st mortgage to payoff previous lender who was foreclosing because of a technical default.
5 acres of land in Montgomery County PA – Bridge financing for 1 million while the seller waited for the buyer to get a zoning variance.
3 Office buildings totaling 120k sq ft – Buildings were in default from 2 different CMBS lenders. Provided 10 million work of new financing.
Meat Distribution company – Refinanced a $750k accounts receivable line when the company was having trouble with its lender.
Chicago, IL self-storage center & retail shopping center – Negotiated discounted payoff from existing lender and refinanced for 1.8 million
40k sq ft office building in OH – Negotiated discount with current lender and paid off for $3.5 million.
400 sq ft South Jersey power shopping center – Paid off defaulted CMBS loan with 13.9 million of new financing.
500 Multi Family Unit Property in the Mid West – Represented ownership in Loan and Financial Restructuring and provided Bankruptcy Support services
88,000 Class A Office Building in the Northeast Represented ownership in Loan and Financial Restructuring
Investor in 39 Single Family Homes in the Northeast – Represented ownership in Loan and Financial Restructuring
Manufacturer in the Northeast in Bankruptcy – Provided ownership with Bankruptcy Support services
36 unit Multi Family Unit Property in the Northeast – Negotiated a short sale and obtained full release of all individual Guarantors
Developed Land in the Midwest – Represented ownership in a financial restructuring negotiated a deed in lieu Of Foreclosure with a full release of all guarantors
87 unit Multi Family Property in New York – Represented ownership in Financial Restructuring and provided Chapter 11 Bankruptcy support for the partnership to sell a Multi Family Apartment.
RV Park in the North East – Represented ownership in Financial Restructuring as well provide Chapter 11 Bankruptcy Support
13 Mixed Use Properties with 67 units in New York – Represented ownership in Financial Restructuring as well as Chapter 11 Bankruptcy Support
Hotel in the South – Represent ownership in the financial restructuring of 3 loans
Mixed Use Properties in the North East – Represented ownership in new financing, when his current lender called the existing loan
Owner Occupied Building for small business owner on the West Coast – Represented ownership with negotiations with its bank on a loan Modification regarding the prepayment penalty
117,000 Class B office building in the Midwest – Represented ownership with negotiations with its bank on a release of Escrow Funds
11 Different Investment Properties in the Mideast – Represented ownership with Financial Restructuring including obtaining discounted Payoff, Refinancing and sale of properties
Small restaurant operator in the South – Represented ownership with Financial Restructuring