|
Commercial Real Estate Loans
Commercial Debt/Equity Loan Workouts
All Property Types:
Hotels, Gas Stations, Office, Retail, etc.
Loan Workouts
Debt/Equity Workouts / Takeouts
Loans on REO Purchases
Loans on Performing and Non-Performing Note Purchases
Purchases and Restructure of Performing and Non-Performing Notes
Joint Venture on Performing and Non-Performing Notes Purchase
Special Deals & Joint Investor Ventures:
Topic: Commercial Real Estate Assets/Loans
Device: VIV™ - Valuation Implementation Vehicle™ – A Special Purpose Entity used to lock in VIV™ benefits.
VIV™ Goals:
To lessen the potential harsh impact of Fair Value Accounting
To supply a business judgment best practice device when implementing Fair Value Accounting
To lessen the severity of losses realized from loss mitigation/modifications
To free up reserves
To convert to cash with an appreciation /clawback component
|
Owner‘s Special Purpose Entity (SPE)
|
Joint Venture Vehicle
|
Buyer / Investor
|
|
Owner of Asset/Property/Loan – Bank - Other
Sell to unregulated entity at (higher) Carrying Value; no gain/loss
|
|
|
|
Owner’s SPE
Buyer
|
|
|
|
Owner contributes Asset/Property at (higher) Carrying Value; and retains difference as Equity
|
Joint VIV (Valuation Implementation Vehicle)
|
Investor pays market price:
Cash in at (lower) FMV
|
|
For More Info and the mechanics overview _ Click Here
NOTICE: THIS MATERIAL IS A NON-EXHAUSTIVE ILLUSTRATION OF POSSIBLE ISSUES, OR A PROPRIETARY MODEL, NONE OF WHICH MAY BE COPIED, REPRODUCED OR USED WITHOUT THE OWNERS PRIOR WRITTEN CONSENT.
IRS CIRCULAR 230 DISCLOSURE NOTICE:
To ensure compliance with IRS requirements, we inform you that any U.S. federal tax advice contained in this communication is not intended or written to be used, and cannot be used by any taxpayer, for the purposes of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Any legal advice expressed in this message is being delivered to you solely for your use in connection with the matters addressed herein and may not be relied upon by any other person or entity or used for any other purpose without our prior written consent. NO WAIVER OF ANY PRIVILEGE, PRIVACY, DISCLOSURE, WARNING, LEGAL OR EQUITABLE RIGHT IS INTENDED BY THE COMMUNICATION OF THIS MESSAGE. SENDER RESERVES ALL RIGHTS, IN ALL JURISDICTIONS WHETHER EQUITABLE OR LEGAL, IN FORM OR NATURE.
|
