Unoccupied space, declining rents, poor property management, insolvent tenants and functionally obsolete designs are just a few of the many variables that can create distress. When distressed conditions surface, borrowers must quickly implement corrective strategies to preserve cash flow and avoid default conditions.
When a lender is required to take action CusickFinancial possesses the experience and ability to quickly intervene and create win-win strategies. Whether acting as a financial advisor, expert or asset manager, Cusick
Financial can quickly cut to the chase because it understands the needs of both the lender and borrower. This understanding is based on:
1. Five years of combined RTC and FDIC
experience;
2. Over 10 years of special servicing
and private asset management
experience;
3. Seven years of experience
representing borrowers;
3. Extensive experience managing loan
and real estate owned assets;
4. Strong financial structuring skills; and
5. A comprehensive knowledge of real
estate and bankruptcy law.