Real Estate Workout
Consultants
Stonecreek Partners can provide aggressive and hands-on assistance in workouts of distressed properties. As real estate consultants, this can take many forms, from a "hands-on" asset management role, to support of negotiation or "operational triage" efforts, to aggressive advocacy of a client's workout position to lenders, third-party investors, local citizen groups, and/or government agencies.
Leading real estate companies, banks, and investment firms come to RCLCO 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 40 years of strategy experience provides our clients with objective and insightful recommendations that are analytically based and action oriented.
Stonecreek Partners Services to Distressed Assets:
Asset management
Bankruptcy workouts
Advisors to creditor committees
Consensual workouts pre-bankruptcy
Preparation of operating budgets
Oversight or direct marketing, tenant relations
Oversight or direct 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
