A/B Loan Bifurcation (Industrial – NV)

  Property:   Industrial Building in Nevada   Loan Balance:   $17 million   Problem:   The loan on this property was originated in 2007. The current value of the property was approximately $7MM and there was significant TI, LC required to stabilize the...

A/B Loan Bifurcation (Retail – CA)

  Property:   Retail Center in California   Loan Balance:   $40 million   Problem:   The loan on this property was originated in 2006. The current value of the property was approximately $28MM  –  significantly less than loan amount and there was...

Discounted Payoff (Hotel – CA)

  Property:   Hotel in California   Loan Balance:   $59 million   Problem:   The loan on this property was originated in 2006. The current value of the property was approximately $40MM – significantly less than the loan amount.  The hotel had...