Robert Strahle

  • When Financial Distress Leads to Physical Distress

    In recent months, it appears that lenders, debtors and investors have begun to deploy some of the “dry powder” capital that has been sitting on the sidelines. However, the practice of amend and extend has meant that some of these assets have been sitting dormant or physically unprotected for long periods of time. The lack of TLC can lead to hidden problems. That necessitates increased due diligence, with careful attention paid to the debt structure, market valuation and physical characteristics of the property.

    National 25 April 2011 19:16