Wafra assists clients with issues that go beyond day-to-day operational responsibilities. They include:
- Debt Restructuring - Based on financial analysis of a property, a projected cash flow to restructure the debt can be created.
- Forebearance Agreement - Wafra will work with the owner, operator, and lender to restructure debt and interest payments. Financial projections are essential in establishing a Forbearance Agreement with which the borrower can comply.
- Foreclosure/Bankruptcy Strategy - If a decision is made by the owner or lender to take over and eventually dispose of a property, we outline the critical path - timing of the takeover; how long the property should be held; whether the property needs to be renovated or repositioned; and when it should be marketed. If allowed, we act as the receiver in bankruptcy.
- Loan Investment Reviews - A project is analyzed in light of current professional studies, franchise agreements or management contracts, joint venture or partnership proposals, and project budgets and pro formas. We offer an opinion on the time required to achieve stabilized operating results and options for improving long-term economic viability.
- Consulting Strategies and Plans - Wafra can provide an owner or lender with specific advice and insight into the development of a reasonable and plausible work-out plan, including assessing economic viability of any debtor-proposed plan.
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