Senior CMBS and Bank workout professional on high dollar complex workouts, restructures, and litigation.
The stress to lenders and investors nationwide in the office market is not over. Another shoe dropping is that with more and more properties selling (or reverting back to creditors) for far less than their purchase price, expect that municipality’s property tax revenues aren’t going up anytime soon. Expect more stress on services until cities figure out where they can find new sources of revenues. Atlas Capital Advisors works with lenders and their motivated borrowers with troubled debt. In select instances, and with lender consent, Atlas Capital works with debtors as restructuring officers as a last ditch effort to avert foreclosure. #atlascapital
Well in office the knife has barely left the grip and it's decent is just beginning. This is not going to stop for quite sometime.
I know we are seeing a pretty large swing in Cost to Complete Analysis on the Consulting side of this thing.
Where there any bidders?
President at Equimax Management
10moBert, hope all is well.