Loan Workout Negotiations
The current credit crisis has produced numerous loan defaults and credit issues among real estate lenders and borrowers. Both lenders and borrowers have sought our assistance with a wide range of complicated financial issues and we are successfully assisting clients in loan workout transactions including loan modifications and extensions, discounted payoff agreements and forbearance agreements. We rely on decades of experience structuring creative and strategic solutions for each unique circumstance.
Franklin Consulting was recently retained to act as the workout consultant to negotiate on behalf of an investment group regarding a $15,000,000 loan arrangement with a regional bank encompassing multiple properties, cross-collateralization and personal guaranties.
300 South Old Woodward, Birmingham MI 48009 phone 248-539-3332 fax 248-539-8833