Tag Archives: Workout

Top 10 Workout and Turn Around Mistakes

Avoid these top 10 workout and turn around mistakes. turn around mistakes
  1. Taking money out of your retirement account or other protected assets to prop up your business or investment.
  2. Not being involved, giving up, being undependable or acting like a goof ball. Your business is on the line, you...

Another Successful workout completed in Ohio

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...

Example Restructuring Transactions on a Retail Center

Here is an example of a real life deal. The property was a retail shopping center with good positive cash flow. The ownership had purchased the property about 3 years earlier with a balloon loan and was unable to refinance it.  They had put in considerable equity and the initial loan to value was 50%.  The...