Advisory Group

Successful workout resolutions occur when a Sponsor has a team that represents the borrower rather than the lender. A team with proven success in negotiating debt relief and well versed on all aspects of commercial loan origination and structured finance.

In addition to originating conduit transactions, MCS leverages decades of experience across capital market originations, credit analysis, and asset management to offer a comprehensive modification and advisory plan for both balance sheet and securitized loans, performing and non-performing.

Our phased approach to modifications and workout negotiations allows the client to choose an ideal path based on individual needs, without the requirement of retainers or exorbitant success fees.

Relief can include

interest rate reductions
interest only payments
payment deferment
maturity extensions
reductions in principal balance
rate and term modifications
recapitalization scenarios

Case Studies

Hospitality-TX

Senior Housing Northeast Portfolio

Hospitality-TX

Negotiated reduction of principal balance, interest only payments, and expanded use of FF&E reserves due to severe decline in occupancy from a combination of Covid-19, oil & gas market volatility, and an over supply of hotels in the market.

Retail- GA

Senior Housing Northeast Portfolio

Hospitality-TX

Short term relief negotiation on a CMBS note due to loss of anchor tenant. Negotiated expanded use of capital expenditure reserve, interest only payments for a period of 15 months, waiver of deferred interest, and alleviated temporary cash management for borrower.

Senior Housing Northeast Portfolio

Ongoing negotiations for long term debt service relief to an asset class severely impacted by Covid-19 with an anticipated recovery window of 3-5 years. Modification to debt includes interest only payments, deferment of principal, waiver of deferred interest and ongoing servicing fees.