http://www.arh-ltd.com/? en-us Copyright 2013, madebyfrog.com Sun, 19 May 2013 09:44:12 -0700 Sun, 19 May 2013 09:44:12 -0700 any .rdl CMS Main news Sections for Aberdeen Realty Holdings. http://www.rssboard.org/rss-specification July 3, 2009 - Commercial real estate owners that financed their properties over the last several years are facing significant issues in their ability to satisfy loan covenants and continue meeting debt service obligations. Loan modifications and other concessions are, or soon will be, required to avoid a default and foreclosure. Identifying and obtaining the needed modifications that will likely be agreed to by the lender or servicer involves complex analysis with which few borrowers are familiar. This process is significantly more complicated when the loan has been securitized and the borrower must navigate the complex process of dealing with master, primary and special servicers to obtain the desired outcome. Further information on the loan servicers' roles and ARH's proven approach to achieve the needed modifications are discussed in greater detail in the following article, Overview of Loan Servicers' Roles & Modification Requests Wed, 15 Jul 2009 18:44:40 -0700 http://www.arh-ltd.com/?news-publications/2009/07/15/overview-of-loan-servicers-roles-modification-requests.rdl http://www.arh-ltd.com/?news-publications/2009/07/15/overview-of-loan-servicers-roles-modification-requests.rdl May 21, 2009 - ARH is assisting borrowers on a wide variety of problems they are encountering with their loan servicers. Currently, servicers are overwhelmed with reviewing property financial statements and evaluating debt service coverage failures or other performance breaches along with the complexity of implementing cash management procedures to take control of property cash flows and the disbursements of funds for operating expenses. Your loan is among hundreds of others that your servicer is dealing with in addition to the significant influx of distressed, defaulted and non-performing loans. To get results you must be proactive, understand your rights and obligations under the controlling loan documents and understand how to move your loan to the top of the servicer's list. ARH's team leverages its legal and loan underwriting experience along with established senior level contacts at loan servicers to protect your interests and get results where borrowers have otherwise been unable. For a summary of recent successes assisting borrowers with loan servicing issues see Servicer Success Stories. Thu, 21 May 2009 14:40:44 -0700 http://www.arh-ltd.com/?news-publications/2009/05/21/loan-servicing-issues-arh-delivers-for-borrowers-.rdl http://www.arh-ltd.com/?news-publications/2009/05/21/loan-servicing-issues-arh-delivers-for-borrowers-.rdl March 2013 - Lenders are utilizing significantly more conservative underwriting standards and deal structures when evaluating the financing of hospitality assets. In the face of double digit RevPAR declines over the 2008-2009 period across all markets and chain scale classes, lender's are reducing leverage and raising in-place minimumm DSCR requirements along with adopting far more conservative deal terms and structures that had eroded over the last decade. Each deal stands on its own merits and enjoys its own unique credit risks and risk mitigants. ARH utilizes a 3 stage process to obtain the optimal financing solution for your hotel property and through this process, frequently obtains more favorable financing then the current market terms as reflected in the Current Financeable Hotel Deal Parameters Guide. ARH's team will work with you to first understand the property, its market and your sensitivity to leverage risk, establish what leverage may be required to achieve your investment return objectives and then run a competitive market process to achieve the most economic financing terms. Upon selecting a financing solution, ARH's process does not stop there - we are actively involved throughout the lender's underwriting, due diligence and legal documentation process leveraging the ARH principals' experience as both former bankers and bank counsel to be your advocate. Thu, 21 May 2009 07:23:13 -0700 http://www.arh-ltd.com/?news-publications/2009/05/21/current-financeable-hotel-deal-parameters.rdl http://www.arh-ltd.com/?news-publications/2009/05/21/current-financeable-hotel-deal-parameters.rdl February 18, 2009 - During the course of 2008 38 community, regional and national banking institutions failed and were either seized by the FDIC or brokered to another institution on an emergency basis. The FDIC has realized claims of over $15 billion under its deposit insurance program and 13 additional banks have already failed since January 1, 2009. The FDIC modified its insurance programs for personal and commercial deposit accounts last October to extend coverage but commercial real estate investors' operating and reserve accounts may still be at risk if held by an institution that fail. The Client Advisory Memo - FDIC Programs addresses the potential risks, provides information to assess the health of your bank and suggests solutions to protect the full balance on deposit. Fri, 20 Feb 2009 11:19:31 -0800 http://www.arh-ltd.com/?news-publications/2009/02/20/operating-reserve-account-fdic-coverage.rdl http://www.arh-ltd.com/?news-publications/2009/02/20/operating-reserve-account-fdic-coverage.rdl Winter 2009 Edition - Over the next several weeks all borrowers will be reviewing their 2008 year end results and preparing the financial statements required by lenders. Every asset class in every geographic market has seen some level of performance deterioration whether in RevPAR for hotels or rents and occupancy levels for multifamily, office and retail while operating expenses such as taxes, labor and utilities have been escalating. Your lender or servicer will be conducting a detailed review of the financial statements you provide for 2008 and will be reunderwriting the loan based on the trailing 6 or 12 month operating results per their underwriting criteria to evaluate whether certain low DSCR, Debt Yield or other performance tests have been triggered allowing the lender to take control of property cash flow oftentimes cutting off management fees on owner managed properties. ARH's experienced team sharing both banking and legal backgrounds are expert in assisting borrowers with preparing the required financial reporting materials, conducting a current underwriting analysis and serving as a liaison with the lender or servicer in ensuring that their review and underwriting is correct, consistent with applicable standards and is not manipulated to allow the lender to take control of your property cash flow. Please see the Borrower Services Brochure for a more detailed explanation of the services ARH can provide including Tax Assessment Analysis, Discounted Loan Payoff or Loan Restructuring Analysis and Modifications. Mon, 12 Jan 2009 09:49:40 -0800 http://www.arh-ltd.com/?news-publications/2009/01/12/borrower-services-overview.rdl http://www.arh-ltd.com/?news-publications/2009/01/12/borrower-services-overview.rdl January 6, 2008 - Take advantage of ARH's new client referral program. For new or existing clients and non-client referrals, refer a client to ARH and receive at your election either (1) a 20% discount on your consulting fees upon ARH's receipt of payment in full of fees due in connection with the referred client's engagement or (2) a 15% commission on the net fees ARH receives from the referred client's engagement. Please contact ARH for more detailed information on the Client Referral Program or to receive the Client Referral Agreement if there is a potential referral you would like to share. Tue, 06 Jan 2009 14:08:43 -0800 http://www.arh-ltd.com/?news-publications/2009/01/06/new-client-referral-program.rdl http://www.arh-ltd.com/?news-publications/2009/01/06/new-client-referral-program.rdl December 16, 2008 - Visit the News & Publications page to view an updated version of the Financing Program Overview table providing the latest market information on availability of various loan products, spreads and terms. Many traditional sources of commercial real estate financing have either suspended lending programs or exited the business for the foreseeable future - new opportunity funds, specialty finance platforms and local or regional commercial banks are beginning to emerge to fill the void. Contact ARH to learn more about these new lenders' loan programs. Thu, 18 Dec 2008 15:38:00 -0800 http://www.arh-ltd.com/?news-publications/2008/12/18/financing-program-overview-updated.rdl http://www.arh-ltd.com/?news-publications/2008/12/18/financing-program-overview-updated.rdl December, 2008 – ARH launches a completely redeveloped website to provide additional detail for new and prospective clients on the range of advisory and brokerage services at their disposal. The revised website also includes a number of helpful tools and publications for clients to reference. The Financing Program Overview which is updated periodically as the capital markets’ rates and terms change in this highly volatile time provides prospective borrowers with a quick reference tool detailing various financing programs, features, rates and considerations. The Interest Rates table provides a real-time feed of key interest rates to gauge changes in potential cost of capital. The Industry News section provides a constantly updated news feed of real estate industry headlines with a special section dedicated to the hospitality sector. On the legal front, a New York State Bar Association law journal article authored by Douglas Rohrer, an ARH Managing Director and former attorney with Sidley Austin LLP, discusses certain due process obligations required of governmental authorities before a “taking” of a property owner’s interest may occur – a timely topic as a new administration in Washington D.C. emphasizes the undertaking of significant public works projects. Additionally, visitors to the site will find a discussion of recent projects and several Case Studies that discuss how ARH was able to provide specific solutions to satisfy clients’ objectives. Lastly, clients will find a more user-friendly client logon interface where they can access additional project specific information and documents. We appreciate your comments and strive to provide valuable and timely information. Please let us know how we could improve the ARH website further! Thu, 20 Nov 2008 15:50:00 -0800 http://www.arh-ltd.com/?news-publications/2008/11/20/arh-launches-new-website.rdl http://www.arh-ltd.com/?news-publications/2008/11/20/arh-launches-new-website.rdl