Case Results

$22 MILLION INVESTMENT RESTRUCTURED

In re:  Southfield Office Building #14, LP. et.al., Austin, Texas

HIGHLIGHTS:

  • Reinstated Defaulted Loan
  • Reduced Interest Rate by 200 Basis Points
  • Reduced Reserve Requirements by 87%
  • Eliminated Loan Defeasance Fee/Prepayment Penalty
  • Extended Loan Maturity Date
  • Rolled Up 25 TIC Owners into a Single LLC
  • Preserved 100% of Equity of Owners
building

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