Property IBR

RSM Farrell Grant Sparks provide IBR’s on property for NAMA,  for non-NAMA banks or for other interested parties.

Our firm has a deep knowledge of the issues involved in the property and construction sector, and a strong understanding of the NAMA process and working with the banks.

Our approach

We take a methodical and innovative approach to reviews of property assignments, providing independent, objective verification of the data and practical recommendations.

We assess the strength and capability of management and identify best practice corporate governance procedures. We produce a consolidated picture of the total debt exposure to all funders and assess the short and medium-term cashflow implications.

We develop integrated financial models for projections based on key business drivers and assumptions. We use our property team to produce viable and realistic strategies for development and investment portfolios.

We ensure there is regular communication with the banks throughout the process, and we provide a detailed report setting out findings, practical recommendations and courses of action.

We use a standardised template to report our findings, which ensures that the all deadlines can be met and we can offer a competitive pricing structure. This systematic approach simplifies the decision making process, and is suitable for both large entities and SMEs.

An expert team

The highly experienced team at RSM Farrell Grant Sparks conducts IBR’s on property that help financial institutions and stakeholders to make decisions on future lending, disposals of business or options such as formal insolvency procedures (liquidation, receivership).

Niall Rice leads our property IBR and related services. He works closely with the banks and ensures that the key issues are identified and project manages the input from the property and financial teams to ensure a quality report is issued for each assignment.

Pearse Farrell reviews the commercial and strategic aspects of the key recommendations and conclusions made in IBR reports. He advises on the merits of the restructuring proposals and uses his insolvency expertise to ensure that the options are realistic, viable and appropriate.

Related services

Read about our related services in:

• Insolvency
• Asset Managers
• Property
• Corporate Finance