Leading real estate companies, banks, and investment firms come to Curo Banc when they face strategic challenges during crucial points in an economic cycle. In a downturn, we provide turnkey services to help them value, acquire, reposition, manage, or dispose of distressed real estate assets that may be in jeopardy of loan non-compliance. Our seasoned experts, in depth knowledge of local markets, and numerous years of experience provides our clients with objective and insightful recommendations that are analytically based and action oriented.
Portfolio, Company, Market Diagnostic Services
- Market feasibility studies to project realistic loan exit strategy
- Develop and implement workout plans
- Evaluate borrowers overall position within the market
- Analysis of financial trends and ratios to identify risks of potential issues
- Independent verification of key financial information
- Assess management adequacy
- Loan sale/acquisitions
- Portfolio analysis of distressed assets co-mingled or cross-collateralized with performing assets
- Evaluate and make recommendations on lender/borrower proposed structures
Turnkey Services for Bank Owned Real Estate (REO) and Distressed Assets
- Analyze, resolve and full implementation of alternative strategies
- Refinance Alternatives-make recommendations and coordinate loan restructure and/or forbearance agreement
- Identify alternative financial institution as loan exit strategy
- Raise additional equity for borrowers to meet lenders current LTV requirements and/or for asset capital requirements
- Bank Trustee-Act on behalf of financial institutions to facilitate the asset management function of a bank owned, bank controlled or bankrupt asset
- Third Party Sale-posture asset for sale, identification and coordination of third party buyouts (accelerated and orderly sales)
Value Added Services
- Asset management
- Bankruptcy workouts
- Advisors to creditor committees
- Consensual workouts pre-bankruptcy
- Preparation of operating budgets
- Oversight of marketing, tenant relations and property management
- Oversight and implementation of capital improvement programs
- Update financial underwriting models
- Develop annual business plan
- Summarize current asset/portfolio performance
- Coordinate compliance with loan agreements
Partner with Curo Banc, we will protect & compensate all referring sources upon closing of the transaction.
