NAI Global provides workout and restructuring services through NAI Chesterfield Capital Advisors, LLC.

NAICCA is a joint venture of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide, and Chesterfield Faring, Ltd., one of the fastest growing real estate restructuring groups representing borrowers in the United States. NAICCA has the resources, experience, financial analytical skills and relationships with lenders and servicers to assist any borrower in restructuring their debt. We understand the legal context and negotiating skills required to work-out any bad debt situation on behalf of a borrower.

NAICCA has extensive experience assisting borrowers that do not have adequate operating income to service their debt loads. NAICCA can introduce new capital sources to deleverage single assets and portfolios while negotiating with lenders to reduce the borrower’s loan amount (and interest rates) so that borrowers can reset their assets to face this unparalleled downturn in this current real estate cycle. Our strength is addressing and solving complex real estate challenges by understanding our client's unique situation and utilizing a multidisciplinary approach to achieve a clear, concise and preferred result for the borrower. This expertise applies to all major property types, including office, industrial, retail, multi-family, hospitality, condo/co-op developments, master-planned communities and land development.

NAICCA can access and have direct relationships with servicers and lenders; most attorneys only deal with opposing legal counsel and never interact directly with a lender or servicer. This is a key benefit to a Borrower, putting the Borrower closer to the lender, where nothing is lost in translation. Since most of our compensation is success-based (with limited retainers), that means we must produce results in order to be compensated. The faster the result, the sooner NAICCA gets compensated. Others working on an hourly basis may prefer to drag out the process while NAICAA seeks ways to move the process quickly. Unlike other advisers, NAICCA uses the costly legal system as a negotiating tool to obtain better settlements for its clients. NAICCA is expert in reducing or showing methods to potentially assist in voiding Borrower’s personal guarantees. Often, it is a tough and difficult task to convince a lender to relinquish even valueless personal guarantees.

NAI Chesterfield CA services include:

• Reduction in interest rates
• Reduction in principal
• Waiver of Amortization
• Release Borrowers from personal guarantees
• Deleveraging through raising new replacement debt and/or equity
• Lender litigation support
• Minimize tax exposure through creative transactions
• Asset management of encumbered property(s)

NAICCA's process of preventing a foreclosure is a three-part process:

• Create a comprehensive strategy addressing the immediate issues affecting the encumbered property and the Borrower.
• Develop a long-term business plan that results in an exit strategy for the Lender.
• Mitigate the client's exposure and restructure their debt.