Commercial mortgage-backed securities (CMBS loans) are bonds designed to finance investments on commercial loan portfolios, and sold to investors worldwide. The income from such property is passed on from the property owner to the bond holder. The high income yielding CMBS market went through a severe downturn in 2008, followed by a gradual period of...
more
Monthly Archives: June 2015
Chapter 11 Business Bankruptcy Plan – Getting it Approved in Game of Thrones style
Chapter 11 Business Bankruptcy - Getting the Plan Approved
The first thing that one needs to do in order to get chapter 11 business bankruptcy plan approved is to watch HBO's hit series Game of Thrones from beginning to end. Sounds crazy? It may be, but one of the story lines that Game of Thrones...D.I.P. financing… What is it?
D.I.P. financing
D.I.P. financing is loans for companies who have filed for chapter 11 bankruptcy. While most traditional banks & lenders won't lend money to companies in bankruptcy, we see as the perfect opportunity to help companies restructure their finances. There are a number of situations where D.I.P. financing can help companies: 1. Cashflow - During this process, companies...Great property lost through mortgage foreclosure… this should not have happened
Great property lost through mortgage foreclosure... this should not have happened
I just read an interesting article about the Executive Airport Business Center that was sold through a mortgage foreclosure. It was bought for more than the former mortgage price and at the time it went into mortgage foreclosure, it was 91% leased. This should not have...Commercial Debt Restructuring – article written about GFCIB
Commercial Debt Restructuring - article written about GFCIB
Check out page 35 of the Mid Atlantic Real Estate Journal for an article written about GFCIB's success with commercial debt restructuring. GFCIB has had a lot of success in restructuring the debt for real estate & business owners. If you are in default on a commercial loan...Jack Miller, Down to Business radio show wants to interview business owners trying to raise money
Jack Miller, Down to Business
I recently started a weekly business talk radio show, called Jack Miller, Down to Business. It airs every Thursday at 3:00 PM on 880 AM TheBiz out of Miami. It broadcasts throughout South Florida and on the internet at www.Thebiz.com and IHeart Radio.com I am interested in interviewing people who are...What is Chapter 11 Bankruptcy?
What is Chapter 11 Bankruptcy?
The following is taken from: Chapter 11 - Bankruptcy BasicsBackground
A case filed under chapter 11 of the United States Bankruptcy Code is frequently referred to as a "reorganization" bankruptcy. An individual cannot file under chapter 11 or any other chapter if, during the preceding 180 days, a prior bankruptcy petition was dismissed...Some real estate investment partnerships have to file chapter 11 because…
Some real estate investment partnerships have to file chapter 11 because the lender doesn't renew the loan at the time of balloon. Some file because of a technical default. Some file because something happens at the property that the owners couldn't have predicted that hurts the occupancy rate. Some file because unexpected repairs cause financial...more
Jack Miller quoted in this article about Chapter 11 Bankruptcy
Jack Miller quoted in this article about Chapter 11 Bankruptcy
GFCIB President & Founder, Jack Miller quoted in this article about Chapter 11 Bankruptcy: New beginnings: life as a Chapter 11 emerged entity Filing a chapter 11 business bankruptcy may feel like it's the end of the world, but it also has the potential...“Thank you. You have gone above and beyond on this one” – Accounts Receivable Financing
