We’ve been writing about San Diego developer Malcolm Davies and Breakwater Equity’s successful commercial loan modification on a broken construction project in downtown San Diego. It’s a great case study because of the tough situation they were in and the fact that the bank was not budging on their position, making the prospects of a successful workout slim.

Malcolm was interviewed this past week by the Real Estate Guys Radio Show, one of the most popular real estate radio shows and podcasts in the country. Each of these interviews and articles listed below reveal new and interesting insights into the market we are in and what it takes to work with the banks.

Here is the intro from the Real Estate Guys Radio Show blog featuring the interview with Malcolm:

What do you do when Goliath Regional Bank (not their real name) with their legion of lawyers are lined up against you?  You can assume the position (fetal) and quit.  Or you can gird up your stones in a sling to stay and fight.

Tune into this exciting episode of The Real Estate Guys™ Radio Show and find out what happens next in this modern day tale of Davies vs Goliath.  You’ll gain valuable lessons about how tenacity, integrity and the right team can overcome even the most daunting odds.

It’s well worth taking the time to listen to the full interview here.

If you prefer, you can download the podcast at iTunes.

You can read their post as well; Art of the Comeback – One Small Developer’s Battle with the Bank Over a Broken Deal

If you haven’t already done so, you can also read some excerpts from a transcript of Breakwater’s recent interview with Malcolm here: Interview With Developer Malcolm Davies on Successful Broken Construction Commercial Loan Workout

There is also a press release on the project’s successful workout here: San Diego Developer Uses Commercial Loan Workout Specialist to “Fight the Bank” and Save Investors