Successful Workouts

 

The following represents a partial list of  successful commercial loan workouts that Trinan has recently negotiated:

Property Type Loan Balance Loan Type Status Modified Terms
         
Retail, Achor $40,000,000 Bridge Performing Principle Writedown
    CDO    
    Non-Recourse    
         
Retail, No Achor $5,650,000 Permanent Non-Performing Principle Writedown 
    CMBS   Mezzanine Forgiven
    Non-Recourse    
         
Office $5,700,000 Permanent Non-Performing  Deed In Lieu 
    Bank Trustee Sale Set Release of Deficiency
    Recourse    
         
Retail, No Achor $18,000,000 Permanent  Non-Performing Principle Writedown 
    CMBS Securitized   12 Month Forebearance
         
Retail, No Achor $4,700,000 Permanent Non-Performing Rate Reduction
    CMBS   Interest Only Period
    Non-Recourse   Â