36 Unit Townhome Development - Beverly Hills, CA
20 Unit Condominium Development - West Hollywood, CA - 2013
Bridge served as a forensic expert witness in a dispute between the loan guarantor, the project developer and the construction lender. Bridge evaluated the loan agreement documents, correspondence and audited the reasonableness and timing of loan draws relative to project completion %age in the field.
Owner/User Industrial Building – Van Nuys, CA – 2014-2015
Bridge served as a forensic expert witness in a dispute between a borrower and lender on the terms of a permanent loan with a fixed interest rate Swap Agreement. Bridge reviewed the loan documentation, the swap agreement and correspondence and prepared an analysis of the cumulative cost difference between the cost of the swap contract vs. an “uncovered” variable rate loan without a swap contract using published historic rates for the loan index over the 10 year loan period.