SpecialDirector.com LLC
At SpecialDirector.com LLC, we make individuals available to act as independent directors, independent managers, special members, and/or springing members for bankruptcy-remote special purpose borrower entities in securitized loan transactions.
Call it what you will - a securitized loan, a conduit loan, a syndicated loan, CMBS debt, rated debt, etc. We are available to act as independent directors in your real estate transaction.
We are aggressive on pricing and are a low-cost provider in this area. Unlike most independent director service providers, we do not charge substantial annual directors fees. With us, there is an upfront, one-time director fee and thereafter a nominal annual administrative fee ($500 per year, per transaction). Also, we do not require borrowers to provide us with D&O insurance. Please call us to discuss pricing - fees vary based on the number of directors required and the number of SPE entities in your deal.
We are reputable, dependable and professional. Our principal is an attorney in good standing with the Massachusetts Board of Bar Overseers.