Workout of $100 Million of Debt Facilities for Residential Subdivision Projects

Shelby Homes
Representation of Shelby Homes, a privately-owned builder and developer, and its principal in the workout of debt facilities for eight residential subdivisions throughout Florida with aggregate outstanding loans of over $100 million.
RELATED PEOPLE
MORE EXPERIENCE
Experience
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
Experience
Handled billions of dollars in distressed debt related to modifications, extensions, forbearances, discounted payoffs, and deeds in lieu of foreclosure.
Experience
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...
VIEW MORE EXPERIENCE