Franklin Consulting Company was retained by the law firms of Sullivan Ward, Asher & Patton, PC, and Morganroth and Morganroth, PLLC, on behalf of its client to provide real estate expert witness testimony and litigation support in a matter pending in Federal Bankruptcy Court. Andrew Milia was retained to testify on management practices and management fees as an industry expert in the case to resolve a partnership dispute involving several multi-million dollar entities.
Archives for 2009
Successful Lender Workout by Franklin Consulting
Franklin Consulting Company, an affiliate of Franklin Property Corporation, has been retained by a local investment group to handle its loan workout negotiations with a regional bank. The owner’s portfolio, totaling in excess of $20,000,000, includes a series of office and industrial buildings as well as vacant land. The Company has been engaged to implement a strategic workout plan, including loan modifications and discounted loan payoffs.