177 Defense Hwy
Annapolis, MD 21401

Public Private Strategies

Project Restructure
Private Developer

  • Successfully negotiated loan modification resulting in XX savings via an ~2.5% reduction in the interest rate
  • BBPC reviewed project budgets and improved cash flow by implementing project efficiencies and increased scrutiny of capital expenditures
  • Increased occupancy from 74% to 92% through aggressive marketing, which improved debt service coverage to meet required levels