ICYMI: Must-Reads for CMBS Borrowers

After 15 years of advocating for CMBS Borrowers, negotiating and restructuring complex and customized loans on their behalf,

we've lived and breathed the impact of the roller coaster economy on CRE. As strategic partners and advisors, THG is always here to offer valuable insight and recommendations for the best possible outcome. So ICYMI, dig into some of our best reads. Let's Talk!

Borrower Balloon Payment Blows Up


Today’s economic environment has only exacerbated problems as lenders have become increasingly inflexible. Such was the case for our client, a seasoned Property Owner of numerous office buildings in a Southeast industrial park. Here’s what happened.


Read On

Part I: Decoding

Handing Back the Keys


Market struggles and cashflow constraints can push Property Owners to the tipping point where they can’t justify putting in more equity without a clear view of a market turnaround. Here are guidance and considerations for avoiding risk and liability. The devil is always in the details.


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Part II: The Details

Handing Back the Keys


Most Borrowers hope to expedite transferring the property back to the lender, but speed can mean costly surprises. Doing your homework beforehand to avoid triggering additional or ongoing liability is crucial. And, you could discover how to get those much- needed reimbursements along the way.



Read On

October 2023 Accomplishments

CREFC Women's Network Newsletter


Tammy Goldfisher, Co-founder of The Henley Group, Inc., a CMBS Borrower Loan Advisory firm, recently closed a Discounted Payoff (DPO) for Centralia Outlets, an outlet mall located in the upper Northwest.


After multiple years of negotiating, The Henley Group, Inc. was able to resolve the $30MM+ Centralia CMBS loan with a significant principal reduction, but at a level that maximized value for the CMBS trust that owned the loan.


As the center was a legacy asset, it was important that the current owner retain the Property for the next generation. A local bank, familiar with the sponsor and the market, financed the DPO.

Deal Closed! Congratulations to Tammy Goldfisher and the team at The Henley Group for closing a multi-year negotiation for Centralia Outlets, which appeared in CREFC's October Women's Network Newsletter.

We will be at the CREFC in January 2024. Contact us to schedule a time to meet!

It's never too late to reach out to discuss your circumstances. Don't wait until the last minute. We are here to lend an ear and strategize with you about possible outcomes and pathways to success.

Let's start a conversation today!


About The Henley Group

We are expert CMBS Borrower Advocates with extensive experience partnering with clients to catalyze loan resolutions. Dedicated to service excellence and outstanding outcomes, we have worked out over $12 billion in CMBS deals to date. We are proud of the deep relationships The Henley Group has forged with Special Servicers for 15 years. Our unique skill set, patient negotiating style, and understanding of Special Servicing allow us to get results that may not be available to you.

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David Goldfisher
(617) 320-0284
Tammy Goldfisher
(617) 512-1135 
David Arthur
(617) 719-1087
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