Deliver Your News to the World

Another Successful Real Estate Financial Restructuring Completed


Huntingdon Valley,Pa./Fort Lauderdale,Fl.

GFCIB and Advisory, LLC a nationally recognized financial real estate advocate and advisory firm for commercial real estate owners, developers, builders and mid sized businesses announced that it has once again successfully restructured a self-storage center and retail shopping center loan for a client located in the Suburbs Chicago.

The original lender was owed 2.6m on the real estate. Unfortunately,the asset was underwater and GFCIB was able to establish the true value of the collateral, itís short term and long term prospects and convinced the bank that it as well as the client would be better off if it provided a sizable discount to the existing note to avoid taking the asset into Real Estate Owned or prolonging the process by a Chapter 11 Bankruptcy filing.

GFCIBís also procured a new extension of credit for 1.7m, thought a discounted note purchase financing for the client enabling the client to retain the asset, payoff the bank and feel confident that the cash flow associated with the asset in the future will be more than enough able to cover the new debt.

This win/win scenario for both the lender and the client is what GFCIB strive for each and every day. In fact not only were we thanked by our client, but the bank as well.

Protecting, advocating and satisfying the needs and desires of our clients one at a time.

For additional information contact:

Jack Miller
215-947-2974 ext 237


 Real Estate Restrucuring
 Real Estate Workout
 Discounted Note financing
 Commerical lending

This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.