
Breakwater Rescues Shopping Center from Foreclosure in Record Time
A group of very sophisticated investors took out a $24MM construction loan to build a Southern California shopping center. The completed 75,000 sq. ft. retail space had an original projected value of $36MM, and looked to be a promising investment.
Breakwater Equity Completes Successful Workout for California Golf Course
A California businessman was facing a debt load he could not manage, in addition to growing pressure from his lender, and the serious prospect of losing another golf course property in California.
Breakwater Equity Returns Retail Center to Positive Cash Flow Through Workout
Workout scenarios vary widely. Every situation is unique, and not all workouts are home runs. Some workouts can be resolved within months; others may take up to two years and end up a single or a double to use baseball terminology.
Workout Helps Real Estate Investor Out of $2.4 MM Personal Guarantee
Prior to the real estate decline in 2007, an Arizona-based doctor purchased a $3 million residential property in a high-end suburb of Phoenix and was working with a developer to build luxury homes. The unimproved land needed final engineering and horizontal improvements.
Developer Escapes BK and Personal Guarantees Using Breakwater Equity
A boutique oceanfront developer in southern California with a successful history building luxury homes, was saddled with excess real estate inventory caused by the sudden downturn in the economy.
More than any other time in recent history, property owners are struggling to meet their obligations on commercial real estate loans. Falling property values, unaffordable mortgage payments, and a myriad of other economic forces outside of their control are causing many businesses just like yours to take a hard look at all the options. And according to recent studies, the commercial real estate market may get worse before it gets better. So is there a solution?
With over 180 commercial loan engagements completed or in process, the team here at Breakwater Equity Partners has the knowledge & real world experience to offer you a practical solution to your challenging situation. Our number one goal is the preservation of your assets. To obtain this goal we use a multidisciplinary approach which combines legal, financial, economic, banking and real estate expertise to create a commercial workout strategy custom tailored to your unique situation. Our unique team approach of combining all of these skills sets is what sets us apart from our competition. We will work on your behalf to accomplish what law firms, CPAs and other commercial loan modification companies cannot - and offer you, our client, peace of mind.
BreakWater Equity Partners - Your ally through these turbulent times
Schedule a confidential consultation today call: 858.490.3630