Distress takes many forms — a lender demanding paydown, a sponsor capital call you can't fund, a property whose income no longer covers debt service. We work quietly with owners and lenders to find the structure that preserves the most value.

Our Approach
Sometimes the goal is to keep the asset. Sometimes it's to exit cleanly without a deficiency. Sometimes it's to buy six months to lease up vacant space or finish a stalled construction project.
Every distressed situation gets a private, no-cost conversation before any work begins. We tell you honestly whether we can help — and what realistic outcomes look like in today's market.
Tools We Use
01
Preferred equity, mezzanine, and high-leverage bridge debt to cure defaults, fund interest reserves, or buy time to reposition.
02
Direct conversations with your lender or special servicer to negotiate forbearance, extension, or modified terms.
03
Discounted payoff strategies and note-purchase financing where retiring the existing debt is the cleanest path forward.
04
Bringing in a JV partner or new equity to pay down existing debt and stabilize the capital stack.
Next Step
Conversations with Byers Capital are private. We'll listen first, share what we'd realistically pursue, and only engage if there's a path worth pursuing.