Done Deal: Negotiated Cleveland E&Y

Office Building Loan Extension

The Henley Group Deal Highlights

Like many borrowers, The Wolstein Group attempted to resolve the CMBS loan on its own. It was two months past maturity default when Jim Doyle at Bellwether referred THG:


  • THG immediately built a strong rapport and established credibility with all stakeholders
  • Persistent negotiations ensued with the Special Servicer and the $25M mezzanine loan holder
  • THG achieved restructuring and a loan extension in 9 months


It's never too late to start a conversation. We strongly encourage it for the best possible outcome. Let's talk!

Read the full article below as covered in the January, 19, 2024 CRE Direct edition

WOLSTEIN GROUP NEGOTIATES TERM EXTENSION OF LOAN

AGAINST CLEVELAND OFFICE

January 19, 2024

Commercial Real Estate Direct Staff Reporter

Back from January Conferences

David Goldfisher, Principal at THG hit the conference trail in January and spoke on two panels.

- CREFCMiami's Servicing Summit

- IMN's 20th Annual Winter Forum on Restructurings and Workouts.

Here he talks about THG's approach and Paydowns vs Extensions.


Watch Now

Contact us to schedule a time to talk

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 $14 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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