At the height of the Covid pandemic a leading multi-family developer, faced a significant financial crisis across its 16 apartment and condo developments in Seattle and Portland. With $300 million in debt, the company was severely impacted by rapidly rising interest rates and the corresponding increase in cap rates, which degraded the value of its portfolio. Cascade Capital was retained to restructure the debt, prevent foreclosure, and maximize recovery for lenders and stakeholders.

• Financial Modeling & Valuations: Built a detailed portfolio financial model to provide a clear assessment of asset values and cash flows.
• Capital Advisory & Debt Restructuring: Presented strategic plans to creditors and negotiated terms on a project-by-project basis.
• Capital Raising & Project Oversight: Secured funding to complete select projects and drive value creation.
• Asset Management & Controlled Liquidation: Managed lease-ups, sales, and structured liquidation to optimize returns for all stakeholders.