![]() |
|
| Institutional Real Estate | An opportunity fund requests a revolving, secured credit facility of $170 million. Its lender proposes to convert the facility to a term loan in three years, and to cross-collateralize the obligation with all the fund’s acquisitions. A global manufacturer wants to expand its local campus, sell it for $75 million, and lease it back for 25 years. The buyer wants to probe the company’s short-term debt structure and the magnitude of the site’s soil problems. Clients like our experience on matters such as these. Having lived through decades of business cycles, we frame an investment for a client and anticipate issues that it may present during its lifetime. Clients also like our outside-the-box suggestions. But most of all, clients like our talent for converting complicated circumstances into successful transactions. |
WilliamDevineEsquire |
© 2008 by William Devine Esquire. All rights reserved worldwide. Disclaimer. |