Abacus Financial Continues to Expand In Uncertain Economy
Released on: October 22, 2010, 5:13 am
Author: Abacus Financial
Industry:
Financial
Abacus Financial, the national expert in the resolution of
distressed commercial real estate borrowers and operating companies is
extending its purchasing campaign at an unprecedented pace. Having
acquired and sold hundreds of apartment, industrial, office,
hospitality, warehouse, single family residential and retail properties
in the last 30 years, Abacus knows the ups and downs of real estate
cycles and is uniquely positioned to help property owners and investors
out of their negative equity predicament.
While countless real estate operating companies and investors are faced with
maturing loans and the worst real estate market in decades, Abacus is actively
seeking to purchase distressed properties and portfolios, regardless of
delinquencies, negative equity or eminent default.Abacus provides a way out for
owners who are experiencing the daily nightmare of overwhelming financial
obligations and a pervasive lack of liquidity. Abacus Financial offers owners,
investment groups, developers and real estate investment funds what may be the best
opportunity for relief and financial salvation - purchasing each distressed property
or portfolio for a price greater than the existing loan(s), regardless of current
outstanding debt balance or current market value.
Abacus Financial's execution will relieve the daily calls from irate investors and
lenders. The strategy will also preserve the coveted capital gains treatment to be
realized from a sale and avoid the ordinary income that could arise from debt
forgiveness. At a time when it is more likely than not that capital gains rates will
increase in 2011, NOW is the time to take advantage of this unique exit opportunity.
Abacus Financial is ready, willing and able to solve distressed real estate problems
regardless of property type and location. Nationally recognized as a solutions
driven private real estate investment workout firm, the principals of Abacus firmly
subscribe to the ages old maxim: “solve a difficult and challenging problem, and all
who participate shall prosper”.
In an industry that has no room for failure, Abacus has developed fast and efficient
large scale equity solutions for over 30 years by working with owners and investors
to solve their negative equity situations. For more information please visit http://www.abacus-financial.net or call (213) 260-4811 and speak to one of our
seasoned acquisitions specialists.
About Abacus Financial
Abacus is committed to working diligently with all stakeholders in a transaction to
achieve the best possible outcome for all. Abacus Financial is defined by decisive
action, informed by experience, knowledge, ingenuity and our vast network of
financial sources. The principals of Abacus Financial hold all employees, agents and
contractors to the highest ethical standards and expect unwavering commitment to
each defined asset strategy. In the final analysis, execution according to plan is
what matters. Abacus Financial can be found online at www.abacus-financial.net or by
calling (213) 260-4811.
Contact Details: Abacus Financial LLC
US Bank Tower
633 West 5th Street
28th Floor
Los Angeles, California 90071
Telephone: 213-260-4811
Facsimile: 310-374-0449
http://www.abacus-financial.net
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