In addition to its real estate investment and management activities, the Real Estate Division can also perform services which go beyond day-to-day operational responsibilities. They include:
Based on financial analysis of a property, a projected cash flow to restructure the debt can be created.
Wafra will work with the owner, operator, and lender to restructure debt and interest payments. Financial projections are essential in establishing a Forbearance Agreement with which the borrower can comply.
If a decision is made by the owner or lender to take over and eventually dispose of a property, the Team outlines the critical path – timing of the takeover; how long the property should be held; whether the property needs to be renovated or repositioned; and when it should be marketed.
Loan Investment Reviews
A project is analyzed in light of current professional studies, franchise agreements or management contracts, joint venture or partnership proposals, and project budgets and proformas. Our Team can offer an opinion on the time required to achieve stabilized operating results and options for improving long-term economic viability.
Wafra can provide an owner or lender with specific advice and insight into the development of a reasonable and plausible work-out plan, including assessing economic viability of any debtor-proposed plan.