by admin | Nov 4, 2013 | Uncategorized
http://1stsss.com/wp-content/uploads/2013/11/Dont-Play-Survivor.htm
by admin | Jul 11, 2013 | Uncategorized
Property: Class B Office Building – 78,246 SF Loan Balance: $14.2 million Problem: The loan was transferred to special servicing due to cash flow issues related to declining rents, increased vacancy and value erosion. Additionally, the property...
by admin | Feb 18, 2013 | Uncategorized
Property: Office Building in Texas Loan Balance: $29 million Problem: This single-tenant building was 100 percent vacant and the current value of the property was significantly less than the loan. The best solution for the Trust was a DPO,...
by admin | Feb 18, 2013 | Uncategorized
Property: Industrial Building in New York Loan Balance: $48 million Problem: The vacancies in this industrial property reached 75 percent, and the property was listed for sale. The current value of the property was difficult to determine, but...
by admin | Feb 18, 2013 | Uncategorized
Property: Nine self-storage facilities in New York and Pennsylvania Loan Balance: $25.5 million CMBS debt and $14.0 million on-book bank debt Problem: The complexity of this transaction was that all nine properties were underperforming, and...
