Compass Bank Office

Building 201 3rd St NW
Albuquerque, NM 87102

  • 18 Story office building (229,899 SR, apx)

  • Built in 1966 (Reno. 2007)

  • Negotiations began while property on watch list

  • Coordinated effort among owner, attorney, property manager, appraiser, and workout specialist

  • Did not require owner to file for bankruptcy

  • Pre-negotiation contact established with special server

  • Detailed analysis of property net present value (NPV)

  • Fundamental market analysis

  • Analysis of competitive supply and subject property positioning

  • Successful negotiation and discounted payoff

Silver Square Office Building

625 Silver Ave SW
Albuquerque, NM 87102

  • 4 story office building (116,634 SF) apx

  • Built in 1956

  • Negotiations began while property on watch list

  • Coordinated effort among owner, attorney, property manager, appraiser, and workout specialist

  • Did not require owner to file for bankruptcy

  • Pre-negotiation contact established with special server

  • Detailed analysis of property net present value (NPV)

  • Fundamental market analysis

  • Successful negotiation and discounted payoff

  • Successful negotiation and discounted payoff

Islandia Shopping Center

1750 Veterans Memorial Hwy
Islandia, NY 11749

  • Regional shopping center (376,774 SF) apx
  • Built in 1991

  • A/B Note Split

  • New A Note of 63.5M

  • New B “hope” note of 10.1M

  • Negotiations began while property on watch list

  • Coordinated effort among owner, attorney, property manager, appraiser, and workout specialist

  • Did not require owner to file for bankruptcy

  • Pre-negotiation contact established with special server

  • Fundamental market analysis

  • Analysis of competitive supply and subject property positioning

  • Successful negotiation and discounted payoff