November 2, 2013
For Immediate Release:
Huntingdon Valley,Pa./Fort Lauderdale,Fl.
GFCIB and Advisory, LLC,(“GFCIB”) 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 the debt on several real estate projects located in the Columbus Ohio metropolitan area.
There was several real estate partnerships, some with different partners and ownership interests,and unfortunately the partners found themselves with several real estate investment properties that did not perform as originally projected.
There were significant vacancies,cash flow shortfalls and matured mortgages, many of which were underwater. H. Jack Miller at GFCIB said,” we worked with the banks to accomplish a successful resolution of the the various issues presented and crafted a solution which ultimately was the best outcome for all parties involved.”
Miller further stated:”In today’s economic environment, we need to be creative as possible when protecting the interests of our clients. We have focused on distressed situations where we can bring value and have developed a number of methods of working them out and we are pleased that our clients were happy.”
GFCIB focuses on advocating and satisfying the needs and desires of its client’s one at a time.
For additional information contact:
H. Jack Miller
215-947-2974 ext 237