RECOVERY AND RESTRUCTURING SERVICES

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Doris Skinner
7 years ago
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1 COVY AND STUCTUING SVICS

2 Many financial institutions, investors, developers and owners are faced with nonor under-performing assets, particularly in the wake of the credit crisis. CB s ecovery and estructuring Services serves these unique client needs with a fully integrated platform that specifically works to mitigate risk and maximize returns on distressed commercial real estate loans and assets. ecovery and estructuring Services provides a single point of entry into the combined advisory, analysis and solution services of multiple CB business lines including: Asset Services, Capital Markets, Global Corporate Services and Valuation & Advisory Services. We offer the following primary services: Asset and portfolio valuation and appraisal including strategic business plan review Financial modeling and underwriting for use in the evaluation of strategic options ecapitalizations, loan restructuring, distressed loan sales and workouts Pre- or post-bankruptcy real estate advisory and sales Asset management, enhancement and repositioning eceivership services Property marketing, disposition and portfolio optimization Auction services ecovery and estructuring Services serves office, industrial, hotel, retail, multifamily and land assets and portfolios in every major market and most secondary markets worldwide. Clients choose CB ecovery and estructuring Services because we align their real estate and business objectives; provide a single point of accountability; offer unparalleled market intelligence; and execute these measures in an effective and timely manner.

3 Y C O PHAS V Loan/Asset Sale Strategic Disposition Performing Asset or Loan PHAS I Loan/Asset Acquisition V A N D Improved Asset Performance PHAS IV Asset Stabilization/ O S T U C DISTSSD LOAN/ASST LIF CYCL PHAS III Foreclosure/ eceivership/ Bankruptcy Asset Value Preservation T PHAS II Loan/Default Workout Loan/Asset Acquisition ecovery and estructuring Services can offer the financial consulting and evaluation services necessary during the acquisitions process, including the determination of market value for real estate and loans. This process for determining market value involves analyzing market influences and trends alongside recent comparable transactions to determine the current value of the asset or portfolio. In addition to valuation, formal appraisal services are also available through CB s Valuation & Advisory Services group. We use the observations made during the evaluation process to provide our clients with strategic options, so that we can collaborate to come up with the best solution for their asset or portfolio. Loan Default/Workout We provide clients with recapitalization strategies founded on realistic market analytics and timelines. Where applicable, we can determine and implement foreclosure mitigation strategies to minimize client risk. We work with clients to understand all exit strategies and, where applicable, prepare assets and loans for foreclosure, bankruptcy or arbitration. U I N G S ffective ecapitalization V C I S

4 Foreclosure/eceivership/Bankruptcy eceivership ensures clients highly effective interim real estate performance via property management services. By rapidly gaining control of the asset, its cash flow and related accounts, ecovery and estructuring Services can maintain lender confidence and preserve value. Often we work with our clients to reposition assets prior to sale. epositioning efforts may include leasing, market analysis, building/site improvements, and other measures to improve the worth of the property. In addition to full-scale property management solutions, we can also offer a costcentric approach to preserving the value of vacant non-performing properties. Asset Stabilization/O Throughout the asset cycle We can continually analyze and improves asset value and stability. Additionally, portfolio optimization strategies include current versus potential asset value analysis, hold/reposition/sell strategies and entitylevel acquisition evaluations. When combined with strategic and rapid implementation, the result is increased steady-state operations or, where applicable, speed-to-sale. Loan/Asset Sale We offer services in all phases of disposition and can provide them on the stringent timelines frequently required by distressed assets. egardless of whether the assets are sold individually or in bulked groups, we can facilitate and execute the transaction. We can offer managed-bid or auction sale services, two of the most time-sensitive approaches to disposition. Working with CB s network of brokers, we have access to thousands of qualified domestic and international buyers.

5 About CB Valuation & Advisory Services CB Valuation & Advisory Services provides accurate and reliable valuation and appraisal services throughout the United States, including environmental site assessment and property condition assessment. In 2011, Valuation & Advisory Services performed more than 115,825 appraisals. For financial and tax reporting purposes, this group is able to provide a single point of contact for comprehensive valuation needs including real estate, machinery and equipment, inventory, business valuation and intangible asset appraisals. Our appraisal reports are compliant with USPAP, FIA and the Sarbanes- Oxley Act and will satisfy all financial reporting needs, including the emerging mark-to-market accounting requirements. About CB Global Corporate Services CB Global Corporate Services provides superior results by leveraging a service delivery model founded on four key pillars: people, process, platform and performance. GCS delivers consolidated real estate strategy and outsourced delivery solutions to more than 260 corporate clients, including nearly 80% of the Fortune 100. Clients entrust us with more than 3.2 billion square feet of property and corporate facilities under management; $24 billion in operating expenditures; $18.5 billion in managed capital projects and new construction; and $159 billion in annual transaction management volume. About CB Asset Services CB s Asset Services division provides management, leasing and financial services for industrial, office, retail and land properties. In the United States, Asset Services manages a 696-million-square-foot industrial, office and retail portfolio comprised of 5,985 properties. Acting as an owner s agent, CB can also provide agency leasing services for any vacancies in a single asset or portfolio of assets. In 2011, CB executed more than 48,500 agency leasing and tenant representation transactions worldwide for a total value of more than $66.5 billion.

6 About CB Capital Markets CB Capital Markets is composed of two seamlessly integrated, complementary groups: Investment Properties and Debt & quity Finance. CB s Investment Properties group is the market leader in commercial real estate dispositions globally. In 2011, the firm executed investment sales transactions globally valued at $37.53 billion across the six major commercial real estate asset classes office, industrial, hotel, retail, multifamily and land. Debt & quity Finance provides creative financial solutions for our clients commercial real estate investment needs. Debt & quity Finance has long-established relationships with more than 200 of the industry s premier lenders. The National Loan Sales Advisory Group, an extension of CB s Capital Markets Group, provides mortgage loan sale advisory services for individual, portfolio, and structured loan transactions. The team features the industry s most highly experienced professionals in commercial mortgage dispositions for all product types as well as unmatched local and national market coverage and expertise. In 2011, CB transacted $19.31 billion in loan sales across North America. CB is the recognized commercial real estate services industry leader. Through respect, integrity, service and excellence, our professionals create significant value for our clients.

7 ANB COVY AND estructuring Services For more information, please contact: Spencer G. Levy xecutive Managing Director Capital Markets Patrick Connell Managing Director

ROARING FORK ADVISORS COMMERCIAL REAL ESTATE INVESTMENT MANAGEMENT

ROARING FORK ADVISORS COMMERCIAL REAL ESTATE INVESTMENT MANAGEMENT Overview Roaring Fork Advisors provides real estate portfolio consulting services to developers, investors and private lenders, including