Property Solutions
Come to the aid of clients with distressed real estate portfolios or a fractured lending facility with the expert help of the Leonard Curtis property team.
As experts in this area, the team understand that property developers and investors can fall into default through no fault of their own. Sometimes this may be due to changes in real estate values or increases in void rates, resulting in a breach of lending covenants. This can ultimately lead to facilities being reduced or even withdrawn and properties having to be disposed of on a distressed basis. In the worst case scenario, an entire portfolio can be lost if a receiver is appointed and crystallises loan shortfalls, triggering calls upon personal guarantees.
Working closely with you and your client, we will try to find a solution that can save a portfolio and repair the facility, using techniques including securing payment holidays or implementing capex programmes to improve asset value and maintain rental streams.