Certus Completes Advisory Services for EB-5 Program Lender on Fairfield, TX Development
Certus announces successful conclusion of advisory services to EB-5 program Lender regarding single-family planned development in Fairfield, Texas.
The engagement resulted in pre-payment/refinancing of the Lender’s note which was in default by the borrower, allowing for exit of involvement in the project.
Certus Successfully Concludes Advisory Services for Assisted Living and Memory Care in Grand Junction, CO
Certus announces successful conclusion of advisory services to Indenture Trustee and Bondholders in relation to assisted living and memory care senior living facility located in Grand Junction, CO.
The engagement included the following outcomes:
- Operational and financial analysis to assess potential avenues for improving performance of the property
- Negotiated forbearance agreement with borrower to continue operating the community
- Efforts have led to real-time improved financial performance towards stabilization