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Chapter 11 Advisor Announces $7M Chapter 11 Financing

December 7, 2017: San Francisco CA. Restructuring Advisory Group or a Chapter 11 Expert, and expert in CMBS Loan Restructuring, Chapter 11 Finance, Debtor in Possession Financing, Commercial Loan Modifications and funding Chapter 11 Reorganizations today announced it has procured a financing commitment to acquire $7M in mortgage notes encumbering 2 medium density residential Properties in San Francisco. The purchase of the Notes and deeds of trust will enable the Property owner to refinance properties currently in default under their present loans as well as reduce the interest rates and extend the maturity dates.

Restructuring Advisory Group was retained by the Property owner as lead strategist in the Chapter 11 to direct day to day strategies, interface with bankruptcy counsel, negotiate a settlement and sale of the Notes with the Lenders and to arrange the financing to acquire the Notes.

When the Company came on-board, the properties were slated for liquidation. The financing provided by Restructuring Advisory Group allows the Property owner to avoid costly capital gains and to entitle the properties for a residential project adding greatly to the property value.

Over a 30-year period, Restructuring Advisory Group has established a nationwide network of banks and financial institutions with whom the Company underwrites loans for its Chapter 11 clients, thereby offering both private money and market rate financing for companies and commercial real estate owners who have emerged from or are emerging from Chapter 11.

Over the same period, Restructuring Advisory Group has negotiated the discount, refinance, modification and restructure of nearly three quarters of a billion dollars in loans with major banks and financial institutions nationw ...

News Release: Chapter 11 Advisor Announces $7M Chapter 11 Financing
Submitted on: December 07, 2017 02:50:52 PM
Submitted by: C.H. BROWN
On behalf of: