Workout and restructuring is where Solutus began. It is the foundation of our business and remains a core part of our service offering. We have managed the resolution of distressed and non-performing real estate loans across Europe, giving our team a depth of practical experience in complex situations where judgement, persistence and speed of execution matter.
We work closely with lenders, investors and other stakeholders to develop and implement strategies that protect value, maximise recoveries and bring difficult situations to an effective conclusion. Every case is different, and our role is to get quickly into the detail, assess the available options and drive the agreed strategy forward with commercial focus and operational discipline.
Solutus provides specialist workout and restructuring capabilities, including distressed loan analysis, recovery strategy development and the management of complex credit exposures. Our team assesses borrower circumstances, evaluates available enforcement and restructuring options, and coordinates the actions required to achieve effective resolutions.
We support the implementation of tailored strategies, overseeing negotiations, restructuring processes and recovery plans through to completion. Our approach combines detailed financial and asset-level analysis with proactive stakeholder management to address challenges, mitigate losses and achieve commercially focused outcomes.
Effective workout begins with a clear understanding of the lender’s position.
Solutus carries out detailed loan file due diligence, reviewing facility agreements, security documents, intercreditor arrangements, amendments, waivers and related correspondence. We identify rights and remedies, assess the strength of the security position and highlight issues that could affect recoverability, timing or strategy.
Where a borrower has submitted a business plan or proposed a route to repayment, we review and stress-test the key assumptions.
This includes assessing projected timelines, valuations, disposal strategies, development milestones, cash flows and refinancing prospects. Once a plan or strategy is agreed, we monitor progress closely, track milestones and flag emerging issues so clients can respond quickly as circumstances change.
Distressed loans rarely have a single obvious route to resolution.
Solutus helps clients evaluate the available options, which may include consensual restructuring, negotiated disposals, discounted settlements, debt sales, enforcement, receivership or other asset-level strategies. We assess each option against expected recoveries, cost, timing, execution risk and the client’s wider objectives, then provide clear recommendations to support decision-making.
Workout situations often require the involvement of lawyers, valuers, receivers, property managers, sales agents and other specialists.
Solutus acts as the central point of coordination, managing appointments, instructions, workstreams and reporting. We ensure that third parties are aligned to the agreed strategy, working to clear scopes and timetables, and that costs remain proportionate to the expected outcome.
Once a recovery strategy has been agreed, Solutus manages its implementation.
Whether the strategy involves a consensual restructure, a managed sale, enforcement, appointment of receivers, negotiated settlement or a combination of approaches, we coordinate the process from start to finish. We keep clients informed, maintain momentum and adjust the approach where needed to reflect changing borrower, asset or market conditions.
Loan restructuring is often the most effective way to protect value and create a viable path forward when the terms of an existing loan are no longer sustainable. Solutus advises both sponsors and lenders on a wide range of restructuring options, helping each side understand the available solutions and identify the approach most likely to deliver a workable and value-preserving outcome.
For sponsors, this may involve renegotiating repayment schedules, extending loan maturities, adjusting interest rates, amending loan conditions or introducing new money solutions to strengthen the borrower’s position. We help sponsors prepare and present credible restructuring proposals to their lenders, supported by detailed financial analysis and a clear implementation plan. Our lender-side experience gives us a valuable understanding of what credit stakeholders need to see before agreeing to a restructuring, and we use that insight to help sponsors build proposals that are realistic and capable of securing approval.
For lenders, we provide independent advice on the restructuring options available when a borrower is in difficulty. This includes assessing the borrower’s financial position, evaluating the underlying property security, modelling different scenarios, considering enforcement and consensual alternatives, and recommending the approach that best protects the lender’s interests.
Workout and restructuring requires experience, tenacity and sound commercial judgement. These qualities are embedded in our business.
We are not passive administrators in distressed situations; we are active participants in the recovery process, combining detailed loan analysis, borrower engagement, third-party coordination and hands-on implementation. With a track record across complex European real estate credit situations, Solutus is a trusted partner for clients seeking to protect value and maximise recoveries from challenging loans and portfolios.
