Workout & restructuring
Fairacre‘s Workout Strategy
Fairacre’s tailored platform enables the lender to combine the receivership process and active asset management in order to take control of distressed assets and maximise loan recovery.
Fairacre has developed effective partnerships with LPA Receivers and Insolvency Practitioners. This gives the lender a smooth, professional transfer of control away from the borrower. The aims of both the lender and Fairacre – to maximise the value of the asset – are aligned.
From this base, Fairacre works with lenders, receivers and a close team of professionals to protect and enhance the fortunes of the asset by creating and executing a detailed business plan.
Our team offers lenders the opportunity to engage the skills of an experienced property owner combined with an option to appoint an LPA Receiver.”
STUART RUSSELL, Partner
Current Workout Projects
Fairacre is involved with various assets under the framework of LPA Receivership. For an example of how this works, see our Case Studies.