Over the past year I’ve had the pleasure of working with you on a few transactions. Your industry knowledge and real estate market expertise, as well as your hard work and dedication, are real assets for clients looking to procure a workout resolution with a lender that is mutually beneficial for both parties. I found you to be a straight shooter — ethical and fair. As a conduit to your client, you facilitated the sometimes-cumbersome communication and negotiation of deal specifics. I believe that your involvement was the key to a swift and successful workout. I enjoyed working with you on these projects and look forward to further engagements in the future.
Asset Manager

Dave has extensive background and contacts in the CMBS world having structured and securitized many deals at Bear Stearns and ABN AMRO/LaSalle Bank. I have recently worked with him on 2 transactions—each of which resulted in successful loan restructurings. Dave’s knowledge of the numbers and inner workings of CMBS rules and philosophies was integral to achieving the Borrower’s objectives. He develops a dialogue with the Special Servicer and enables a solution-oriented discussion. We highly recommend David for CMBS consulting and workout situations.
Rick Kaltz, Partner
Sherin and Lodgen, LLP

The chief reason we selected The Henley Group to work on our loan restructure was because of their ACCESS to decision makers. Without The Henley Group’s deep personal relationships and connections, we would not have been able to convince the lender to sell the note to us versus shopping it to a 3rd party. David accurately predicted where the Lender would transact and he was right on. It was smart of The Henley Group to negotiate with the Lender and execute a solution prior to any default.
Larry Rothschild
Urban Equities

The Henley Group precisely negotiated the terms and conditions of my loan extension well within the target range I gave them. Given the new loan terms, I now have the opportunity to re-build my tenancy and cash flow and preserve the future property appreciation. A secondary benefit of restructuring the loan was the avoidance of a major tax consequence. Had the property been returned to the lender or sold to a 3rd party, a hefty tax payment was going to be owed.

I would recommend The Henley Group to any property owner who does not have the time, expertise or endurance that David has. I appreciate that my mortgage banker recommended David to take on this assignment and collectively they solved my issue.
Joe Rando, President,
Land Development – Northeast

David worked diligently on my successful debt restructure for 12 months. The result was I was able to retain an important property (which I had originally developed, tenanted and still manage) at a significantly reduced level of debt. The new debt level was necessary given current market conditions and subsequent reduced cashflow. He probably saved me hundreds of man hours. Instead of struggling with a lengthy and cumbersome workout of a securitized loan, I was able to focus on operating and re-tenanting my building.

When Dave first approached me and offered his services, I was a bit skeptical. I couldn’t imagine anyone fighting harder for me to keep my property than I would for myself. I wasn’t convinced that anyone could effectively grasp and communicate the complicated property and ownership issues. As it turned out, Dave’s unique knowledge of the securitized arena allowed him to navigate and negotiate with the Master and Special Servicer in a way I could never have accomplished.

Thanks Dave, I’d work with you again.
William Depietri
Capital Group Properties

The Henley Group successfully secured a multi- year loan extension for a long term client of Colliers Meredith & Grew which resulted in our client retaining his property and not being foreclosed upon. Prior to hiring David of The Henley Group, the Colliers Meredith & Grew mortgage banking team had sought financing from banks and life companies. Due to the imminent bankruptcy of a major tenant along with other tenancy issues, the loan could not be re-financed. My client did not want to put any additional cash into the property or sign personal recourse. Thanks to David’s prowess and intricate knowledge of the Special Servicer’s “modification menu” he executed the right debt restructure.

This unique and burdensomely intensive process of Special Servicer negotiations was absorbed by the resources of The Henley Group and not by Colliers Meredith & Grew; allowing my team to Stay Focused on our core competencies which is capital markets.

Thanks to the strong collaboration of The Henley Group, the law firm of Sherin and Lodgen LLP and the mortgage banking team at Colliers Meredith & Grew our client got exactly what HE needed.
Kevin Phelan, Co-Chairman
Colliers Meredith & Grew

Curious if we could deliver the same experience for you? If your loan is in Special Servicing or if it’s going to be within the next 24 months, contact us for resolution.