Review of the Pending Offer
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© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice. Original Co-Owner Offer October 26, 2009
Transcript of Review of the Pending Offer
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Original Co-Owner OfferOctober 26, 2009
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Loan Modification Requested• Length
– 18 months • Interest payments
– None for 2 months– Reduced by 50% for 16 months– Actual reduction
• Principal payments– None
• Fees & costs– None
• $90K contributed by Co-Owners• Option to extend the loan• Option to roll up
© Western America Commercial LLC. 2009. All Rights Reserved. The information herein is subject to change without notice.
Substantial differences existLender’s terms seem too onerous
