Chapter 11 bankruptcy consulting firm and turn-around specialist "Capital Restructure Group" capitalrestructuregroup.com (CRG) announced today that it has been retained as the lead strategist to assist in the restructure of $100M in debt on a Seven Hundred Fifty Million dollar real estate project on California's Central Coast.
Contact us at CAPITALRESTRUCTUREGROUP@GMAIL.COM for further information.
February 8, 2010 (MMD Newswire) -- Capital Restructure Group was formed to overcome the challenges of the restrictive capital markets that face real estate developers and investors today and presently consults to real estate investors and developers both in and out of chapter 11 whose real estate debt ranges in size from $1M to $200M. The Principals of Capital Restructure Group have a collective 115 years of real estate investment, development and finance experience and are experts in the restructure of real estate debt through negotiating commercial real estate loan modifications, note reductions and loan extensions. We have been consulting to our clientele since 1990.
We are more than just consultants, in addition to consulting to property owners in and out of chapter 11, our principals have walked in your shoes, having restructured the debt on their own projects through chapter 11 and understand the process from the property owners' perspective. We bring to the table the financing that you need and the costs of our services are a fraction of those fees charged by attorneys and we can save you tens of thousands to hundreds of thousands of dollars in legal fees, whether you file a chapter 11 or not.
The most common mistake a company makes when opening negotiations to restructure debt or when filing chapter 11 is "turning the keys" over to the attorneys and having the pre chapter 11 negotiations and any subsequent chapter 11 case run by legal counsel. Ask yourself a simple question: Would you have your attorney negotiate the acquisition of your property for you or your construction or permanent financing for you? If the answer is no, why would you turn the keys to your real estate portfolio over to legal counsel to restructure your debt, whether through chapter 11 or not? CRG directs the strategy of pre-chapter 11 negotiations and of the chapter 11 itself, as businessmen for businessmen saving you time and money.
Preserving your real estate asset is the key and no case is too large or small for our expertise. Indeed, there are often many similar facts surrounding potential commercial real estate debt restructures and if chapter 11 has not been filed, CRG is critical to you in pre-packaging your creditor matrix to maximize your leverage over the banks: In many instances, the only factual differences between a $1M case and a $100M case are the comma's and the zeroes.
The fact is a bank or financial institution does not want you to understand the tremendous leverage you have over them through properly structured chapter 11 bankruptcy reorganization or through the mere threat of chapter 11 bankruptcy reorganization. CRG understands this leverage and will utilize the most effective methodology for you to maximize the leverage over your lenders in order to avoid a chapter 11 filing or in the alternative to maximize the leverage over your lenders once a chapter 11 bankruptcy has been filed.
CRG utilizes the leverage afforded by its knowledge of the Federal Bankruptcy System to apply pressure to your lenders to renegotiate the terms of your loans, preferably without the need to file a chapter 11 bankruptcy. In the event a chapter 11 should be filed, CRG has written hundreds of Chapter 11 bankruptcy reorganization plans that provided both debt and equity financing for real estate projects and CRG sits on the advisory board of Capital Underwriters Fund, a bankruptcy specific fund specializing in all aspects of chapter 11 real estate financing.
Why CRG?
As previously stated, the most common mistake a company makes when opening negotiations to restructure debt is "turning the keys" over to the attorneys and having the negotiations run by legal counsel. As experts in all facets of debt restructure and the techniques to maximize the leverage over your lenders, CRG takes a front seat at the negotiating table for you. If negotiations with your lender are initiated through attorneys, you are paying your attorney to speak with the lenders attorney (whose bill you are also paying) and you end up negotiating through very highly paid messengers. It's as if you are negotiating by voicemail.
Our experience is that lender's attorneys have large retainers paid by a financial institution and you end up fighting a counsel who has a printing press direct from the mint that pays like clockwork. Lenders attorneys are predisposed to run up billable hours and not surprisingly, they do just that.
CRG on the other hand goes direct to your lender's business people without the need for their attorney to be present and negotiates on your behalf. CRG directs the strategy of the negotiations as businessmen for businessmen: CRG has excellent relationships with attorneys and is accustomed to interfacing with legal counsel, streamlining the process and saving you time and money.
Whether you have filed chapter 11, are considering filing chapter 11, or wish to avoid filing chapter 11, Call Capital Restructure Group for a confidential consultation free of charge.
Contact Information
CAPITAL RESTRUCTURE GROUP
www.capitalrestructuregroup.com
14 Monarch Bay Plaza, Suite 248, Monarch Beach, CA 92629
Toll Free # 877-57-CAPITAL
Ph # 949-715-4873 Fax# 949-499-3997 Cell 949-466-0022
CAPITALRESTRUCTUREGROUP@GMAIL.COM
For recent articles on CRG clients and the Company see links below.
http://lansner.freedomblogging.com/2009/09/24/oc-property-investor-seeks-bankruptcy-rescue/37353/
http://lansner.freedomblogging.com/2009/10/05/commercial-woes-mounting/38495/
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