Distressed trade

About this project

Structural steel trade

Issue

A structural steel trade went into default, and our client, a bank special loans group, reached out for advice on the trades’ projects in Ontario

Solution

Our team undertook detailed reviews of project contracts, finances, schedules and payables and summarized the findings in a report which was used by the bank in their court application and affidavit.

Location

Ontario

Stakeholders

Special Loans Group

Services

Review of contract documents, cost-to-complete, completion schedule review, financials review including payables and retention

Services provided

Our technology-enabled expert services enable commercial real estate professionals to connect to the market with greater speed, visibility and efficiency.

View all services we offer

Distressed development & workout solutions

Clarity on project viability for lenders, developers, trades and court-appointed trustees, monitors, receivers & managers

Project management

Deliver successful developments with hands-on project management and controls.

Contract solutions

Reduce project risks and construction costs with sound procurement, contract and dispute resolution strategies.

Development consulting

Keep decision makers informed with insights and data from experienced development consultants.

Cost estimating & pro formas

Set realistic budget and development scenario expectations and maintain them.

Project & loan monitoring

Get peace of mind with accurate reporting on construction progress and cash flow from an independent project monitor.