Debt or equity protection
requires detailed independent analysis of the market sensitive data to determine an objective strategy for recovery. Our workout
team assists and complements your in-house staff to come to an accelerated solution.
The CREA team has several
years of experience in representing both the creditor side and the debtor side of the equation hence giving our clients
a better understanding of the hurdles in creating value. Equity players need to understand the not only the
chances of recovery but also the range of dollars to expect. Creditors, who are worried about loans becoming non-performing,
also use our analysis as a tool in the negotiation process with borrowers. CREA assists in creating practical strategies
and solutions that limit further exposure for lenders and equity investors.
- Gather detailed market data and economic analysis
- Assess & complete remaining zoning and
land development and
other governmental approvals such as: stormwater, utilities, enviromental, fire, and building permits.
- Best Use analysis
- Plans review
- Initial Site inspections to
review construction status
- Monthly inspections for construction
administration
- Budget review of non-completed items
- Hard and Soft cost review for new
Budget
- Develop alternative proforma analysis
- Analyze need for additional funding, if any.
- Assess contractor or developer substitution