| Wes Hudson, managing partner of Reznick Group's Atlanta office, tells us that it is performing more and more rescues with ?hero investors? who help restructure deals with distressed owners. These investors focus on properties with debt issues and, while they take a majority of the risk by bringing the debt current, they still involve the original owner and keep them as part of the deal. This helps both sides: the new investor helps improve the property and remove the debt concerns, while the existing owner is able to stay involved with its asset. Reznick Group then brings the real estate expertise withspecialized subsidies and incentives it can offer clients. For more info on our sponsor, click here. |
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