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Financial Restructuring
We develop effective strategies and guide our clients through complex financial restructuring negotiations to help avoid costly bankruptcy or foreclosure and to provide long term financial stability.
Solutions for Developers and Owners
Links Realty Advisors helps developers and owners of commercial and residential projects:
- Stabilize crisis situations and restore objectivity to lender discussions
- Assess and develop credible business plans including cash flow forecasts and valuations at property level to facilitate discussions with lenders
- Develop effective approaches and lead or participate in financial restructuring negotiations with lenders and other stakeholders
- Identify and source new capital to recapitalize projects; fund tenant improvements, construction costs, development plans; or facilitate discounted loan payoffs
- Assemble teams of senior, experienced professionals who can provide leadership, objectivity, credibility and support
- Provide additional management resources as needed to complete projects
- Developers and owners are facing the most difficult challenges in more than 70 years, as their problems continue to mount and options appear to diminish. The fact that most of our clients have limited or no expertise in managing distress situations is understandable since there has not been a major downturn in more than 15 years. Fortunately, we have assembled a team of battle-tested senior professionals who are veterans of previous cycles, and we can provide the resources to address situations demanding urgency, as much or as little as is needed.
- Hiring the right financial advisor is an investment that will pay for itself many times over, and pave the way for long term financial stability.
Solutions for Banks and Lenders
Links Realty Advisors helps commercial banks and other lenders:
- Assess borrowers' business plans, enterprise financials, cash flow projections and valuations
- Evaluate loan portfolios, develop decision criteria and recommend optimal portfolio resolution strategies
- Advise on distressed asset recovery approaches and advise on restructuring negotiations
- Manage discussions and help build consensus among agent banks and multiple loan participants, subordinated or mezzanine lenders and other stakeholders
- Organize disclosure materials and manage confidential, targeted loan portfolio or individual asset sales
- Provide asset management or property management resources
Banks and lenders are besieged by an ever increasing volume of non-performing and sub-performing loans on commercial and residential projects in the current recessionary environment. These problems are exacerbated by the wide variety of securitized multi-tranche financings which add layer upon layer of complexity to already challenging situations.
Links Realty Advisors can provide seasoned professionals to help banks and lenders to make better informed decisions and achieve results faster.
Solutions for Investors
Links Realty Advisors helps real estate investors to:
- Identify and acquire loan and/or property assets that fit their stated investment parameters
- Develop and implement strategies for maximizing recovery from existing distressed investments, including:
- Financial restructuring
- Portfolio management, asset management or property management resources
- Conduct due diligence, cash flow forecasts and valuation analysis of proposed acquisitions
- Develop business plans for proposed acquisitions
- Obtain access to additional debt or equity capital if needed
- Providing expert property management to guide assets through transitional periods
- Legal and litigation referrals and support
- tatistical and econometric analysis, where appropriate, to facilitate negotiations
Our unique niche as a distress market player enables us to help our investors gain access to opportunities that fit their parameters, oftentimes before they have been broadly exposed to the market. Links Realty Advisors’ involvement as a financial advisor, including vetting of business plans and organization of due diligence materials, as well as our proprietary access to the highest level of legal support, expert witnesses and statistical and econometric data can also help investors more rapidly evaluate transaction opportunities.
We organize a carefully targeted process designed to maximize results for both issuers and investors.
Solutions for Non-Real Estate Corporate Clients
Links Realty Advisors advises Operating Companies whose core business is not real estate on ways to:
- Exploit real estate owned as an effective source of liquidity and cash flow improvement via mortgage financing, joint ventures, sales and sale-leasebacks with third party investors and lenders
- Maximize operating efficiencies in their use of real estate by identifying opportunities to reduce footprint in existing facilities, consolidate locations, or sub-lease
- Assist in developing effective approaches to:
- Restructure and modify existing lease obligations resulting in cost reductions and improved operating cash flow
- Finance or re-finance real estate owned generating proceeds for operations
- Transact Sale-leasebacks of company occupied core properties
Many of our corporate clients have hidden values and opportunities that can be exploited to provide important sources of liquidity and cash flow improvement which can help to carry them through a restructuring or turnaround. Our real estate activities are carried out in concert with a comprehensive restructuring and turnaround plan working closely with other Links Realty Advisors professionals.
Our capabilities in real estate make Links Realty Advisors unique among other financial advisors.
Real Estate Capital Solutions
Links Capital Partners, an affiliate of Links Realty Advisors, provides access to critically needed financing for its real estate clients for all types of commercial and residential projects:
- Bridge loans
- Permanent financing
- Financing for discounted loan payoffs or opportunistic purchases
- Mezzanine debt and preferred equity
- Sale-leasebacks
- Debtor-in-possession (DIP) financing
- Sales of assets
Links Capital Partners has cultivated an expansive network of non-traditional debt and equity investors that have the capability and funding resources available to act quickly in urgent situations. Our involvement as an advisor provides investors comfort that the business plans and cash flow projections have been carefully vetted by a third party professional.
Links Realty Advisors is uniquely positioned to provide value to investors and issuers in the current turbulent market environment.
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