Builders Capital, a leading provider of construction loans to builders, faced significant challenges in a complex financial workout involving distressed projects. As a creditor with $100 million in commitments across multiple developments in various stages of completion, Builders Capital needed a strategic partner to help navigate the situation. Cascade Capital was engaged as a fiduciary to represent their interests, alongside other lenders, in a troubled workout. Initially introduced through the debtor, Cascade Capital quickly became trusted advisors to the creditors, ensuring transparency and control in the resolution process.

• Establishing a clear strategy to maximize recovery for all stakeholders.
• Delivering monthly newsletters to creditors, providing updates and actionable insights.
• Sourcing additional capital to ensure the completion of projects.
• Implementing a controlled liquidation process to safeguard secured creditors’ interests.

Through these efforts, Cascade Capital facilitated the structured execution of Builders Capital’s financial recovery, ensuring that each development reached completion and delivered maximum returns to lenders.