GFCIB Blog

Press Release – Two new Chapter 11 Bankruptcy Restructuring and Support Clients

October 20, 2013 For Immediate Release: Huntingdon Valley,Pa./Fort Lauderdale,Fl. GFCIB and Advisory, LLC a nationally recognized financial real estate advocate and advisory firm for commercial real estate owners, developers, builders and mid sized businesses announced that it has been engaged on behalf of a real estate partnership as well as its owners to advise, perform Bankruptcy Restructuring and...
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Another Successful Financial Restructuring Completed – Chapter 11 Bankrupt Avoided

October 10, 2013

Another Successful Financial Restructuring Completed - Chapter 11 Bankrupt Avoided

GFCIB and Advisory, LLC a nationally recognized financial real estate advocate and advisory firm for commercial real estate owners, developers, builders and mid sized businesses announced that it has once again successfully restructured a self-storage center and retail shopping center loan for a client...
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Never touch retirement money to prop up a business

Don't make this mistake, often times when things get challenging people take their retirement money to pay day to day bills and or prop up a business... Not wanting to face reality,, next thing you know all your retirement money is gone, and you still have cash flow problems and debts... Remember most retirement accounts...
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The Comeback kid–For Developer, 3 Could Be Charm

From the WSJ---- You can never give up and need to learn from the past,

By ELIOT BROWN

Ian Bruce Eichner, a developer whose high-profile problems became symbols of the last two real-estate busts, is in final stages of a deal to buy a condominium development site near Manhattan's Flatiron Building.

Message I just got:

“Hi Jack, Its JL calling from Boca Raton Beach Florida, I just wanted to say thank you we just signed a new note today, all your suggestions worked out fine for us and I owe you big time” This was from the owner of a small chain of restaurants who had a balloon note coming due, and did not have...
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Warning: Property Foreclosures Ahead Small companies face balloon payments on their mortgages—and no way to raise the money

As posted in the Wall Street Journal

By EMILY MALTBY

Many small firms that own commercial property are facing big trouble The problem is simple: Banks typically re-evaluate commercial mortgages every five to 10 years. At that point, they can renew the loans, or ask business owners to pay them off. These days, lenders are a lot less...
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Man in the Arena from TR

It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs...
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