Breakwater Equity just passed the $1 Billion dollar mark in workout project engagements. We thought it would be beneficial to our readers to look at some of the lessons learned while working through the myriad issues contained in over a billion dollars worth of commercial loans. Here are some of our favorites that come to mind.

Share all information about the deal early in the process, and keep sharing: Our ability to successfully negotiate with the various players in a workout is hugely influenced by the quantity and quality of the information we have about the situation. Many times clients unknowingly withhold vital information thinking that some pieces of information just simply weren’t relevant. Everything counts, so let us know. In addition, time is usually of the essence, so getting all of the pertinent documentation between the various parties is vital to us beginning the engagement.

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Commercial loan workouts are being used successfully as a tool to reduce loan payments on distressed commercial real estate and help owners survive the record-breaking recession.

San Diego, CA March 28, 2011 – Breakwater Equity Partners, a consulting firm specializing in commercial loan workouts, today announced the firm has surpassed $1 billion in total loan workout volume. The 21-person firm, located in San Diego, CA, has been doubling every ninety days to accommodate the growing demand for commercial loan modifications.

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A strategically designed commercial workout that combined loan modification, bankruptcy, and a “White Knight” investor saves country club from imminent foreclosure and breathes new life into a 50-year old San Rafael institution.

San Diego, CA (PRWeb) March 16, 2011 – Breakwater Equity Partners, a consulting firm specializing in commercial loan workouts, announced today the successful restructuring of Peacock Gap Country Club and Spa, a 50-year old golf course located in San Rafael, CA. Foreclosure on the 137 acre, 18-hole golf course was averted when a new investor purchased the defaulted note from the lender, Nara Bank.

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San Diego-based commercial real estate workout firm Breakwater Equity Partners saves investor equity through a creative workout process.

San Diego, CA (PRWeb) February 22, 2011 – Breakwater Equity Partners, a consulting firm specializing in commercial loan workouts, announced today the closing of a successful loan workout on a stalled twelve-story office building construction project in downtown San Diego.

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Lack of growth often leads to deflation. We experienced a similar trend – yet for different reasons – 80 years ago. The stock market initially crashed in 1929, but 1930-1932 was a time of a turbulent stock market that managed to stay afloat. It wasn’t until late 1932-1938 that deflation set in and the stock market set new lows. Could we be experiencing something similar right now? The banking sector is signaling a strong response to that question. And the answer is yes.

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