The ongoing impact of the decline in real estate values is resulting in the need for expert testimony to establish reasonable lending structures, reorganization plans, market oriented reconciliation of valuations, and highest and best use review.
In order to incentivize the development and renovation of affordable housing properties, the government has provided tax benefits to developers and their investors. Tax credit property owner/operators have unique rules governing their actions, and are subject to unique requirements from the various regulatory authorities involved with their respective properties.
The explosion of condominium construction is contuing to create some unique problem loan situations today. Lenders are being asked to fund failed condo development completion costs and owner associations operating deficits, while a positive performance outcome continues to elude all parties.
Just as debtors will use every available option to steer the sale process to their own benefit, lenders should also play offense, not defense, in order to realize the best result.
With the current state of the economy and the high levels of unemployment, staffing firms must strategically contract services and overhead to right-sized costs to enable their survival. In addition to this management challenge related to business activity levels, a staffing company’s need for working capital may also be increasing.
Fairness Opinions support companies, and their boards of directors, as they assess the compensation to be received in divestiture transactions. This is especially critical when the divestiture transaction involves insiders or related parties. A Fairness Opinion provides an independent third party analysis of the appropriateness of the compensation offered.
There are differing approaches to the use of experts, and the eventual outcome of a case can be impacted by the approach selected. Focus Professionals are able to maximize a client’s outcome when we use our expertise to assist counsel in a variety of steps along the way to the final court decision.
Affordable Housing developers have unique rules governing their actions and unique requirements from their various financing providers. The lenders, bondholders, and tax credit investors rely on the compliance requirements tied to their respective properties. Because these different parties and their different objectives exist, any restructuring of an Affordable Housing owner/operator is significantly more complicated.
As a business owner your financial future is directly related to the success of your company. In turn, the success of your company is most often measured in terms of profitability, specifically Earnings Before Interest, Tax and Depreciation and Amortization (“EBITDA”), which drives the potential sale value of the Company.
Strategies to look for in dealing with your client’s A/R portfolio, the most difficult working capital component to manage.
The goal is obvious, keep working capital positive. The issue rests in that a company can somewhat control its Accounts Payable disbursements, but controlling its current assets (Cash, Account Receivable and Inventory) is significantly more difficult. Most often a company can quickly gauge inventory issues and exposure, sometimes ...Read Full Story