Sub Performing Loan Solutions
City Bay Capital will provide Sub Performing Loan Solutions and rescue capital on a select basis to strong sponsors in situations outside of their control for all commercial real estate asset types.
Situations that Qualify for our Services
Stabilized/Proforma NOI less than a 6% debt yield for Retail or Office Properties in Secondary or Tertiary markets for Office and Retail Properties (ie: substantial decrease in net effective rent)
Use obsolescence due to technological advances, population declines, and/or average income declines
Other situations outside of the Sponsor's control
City Bay Capital's main principal worked as an asset manager at LNR Partners (now Starwood Capital). He helped manage a portfolio of over 70 non-performing loans and executed on creative solutions for 40 of them. We can utilize our expertise to help you obtain an appropriate solution for your sub-performing mortgage.