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Servicing

Extension & Workout Strategy Builder

Build a realistic extension, modification, or workout strategy for a stressed loan.

Published by Avi Hacker, J.D. · cre-agent-skills · GitHub

★ 105 on GitHub0 downloads on LenderSkills

Free · v1.3.0

Install it in one line — paste a single command into Claude, ChatGPT or Cursor and it writes the skill into your project.

Free, and about thirty seconds: a work email and a six-digit code.

Screened

Downloading shares your name, firm, role, and email with Avi Hacker, J.D.. That introduction is what keeps every skill here free.

What this skill does

When a loan can't refi clean: builds the extension, modification, forbearance, or workout strategy — what to ask for, what to offer, and what the lender is likely to accept.

What it does

  • Frames borrower asks against lender constraints and servicing realities
  • Structures paydown, reserve, guaranty, and fee trade-offs
  • Maps the escalation path if negotiation stalls
  • Useful on both sides of the table — borrowers structuring the ask, lenders evaluating it

When to use it

Use this skill when a borrower needs more time, cannot refinance at par, is approaching default, or must propose a lender resolution path.

What to have ready

  • Loan terms, maturity date, lender type, servicing contact, and default status
  • Current payoff and collateral value
  • Current NOI, rent roll, budget, and business plan
  • Extension options and covenant tests
  • Sponsor liquidity and proposed contribution
  • Desired relief and timing
  • …and a few more items the skill will ask for as it goes

How to use it

  1. Download it with the button above. You'll sign in with a work email — that's how the creator knows who is using their skill.
  2. Copy the install prompt from the "Run it in Claude" box, and paste it into Claude along with the file. Claude installs the skill, fills in your firm's details where the file has [BRACKETED] placeholders, and runs a quick test with you.
  3. Then just ask in plain English. Claude picks the skill up on its own when a request matches it. Anything it still needs, it asks you for — it won't invent a number.

"Use the Extension & Workout Strategy Builder skill — I've got loan terms, maturity date, lender type, servicing contact."

What you get back

A structured report covering problem diagnosis, structure comparison, recommended proposal, timeline, negotiation points, and data gaps / counsel review. You get it as readable analysis plus the underlying data, so it can feed straight into a memo or another skill.

Good to know

  • Output quality tracks input quality. A missing figure is flagged as missing — it is never estimated to fill a gap.
  • Every draft is a starting point for your own review, not a finished decision.
  • Runs anywhere Claude does: the Claude app, Claude Desktop, or Claude Code.

Source & credit

Imported from the open-source cre-agent-skills library by Avi Hacker, J.D. (github.com/ahacker-1/cre-agent-skills), Apache-2.0 license. The author's content is unmodified apart from a legal disclaimer appended at the end of the package. Full credit to the author.

Legal disclaimer

This skill drafts; it does not decide. Its output is not legal, tax, accounting, appraisal, or investment advice, and using it creates no attorney-client, fiduciary, or advisory relationship. Nothing it produces is a commitment to lend or an offer to sell a security. Verify every number, date, citation, and conclusion against the source documents, and have a qualified professional licensed in the relevant jurisdiction review the work before you rely on it or send it to a borrower, investor, counterparty, or regulator. Laws, rates, and market data change. The final work product is yours.

Inside this skill

The actual file you get. Members can read it in full before saving it.

Imported to LenderSkills.ai from the open-source cre-agent-skills library.
Author: Avi Hacker, J.D. - https://github.com/ahacker-1/cre-agent-skills
License: Apache-2.0 (see repository LICENSE). Redistributed with attribution; the author's content is unmodified apart from a legal disclaimer appended by LenderSkills at the end of the file.
Imported: 2026-07-24

Extension / Workout Strategy Builder

Build a practical extension, modification, forbearance, or workout strategy for a CRE loan.

When to Use This Skill

Use this skill when a borrower needs more time, cannot refinance at par, is approaching default, or must propose a lender resolution path.

What You'll Need to Provide

  • Loan terms, maturity date, lender type, servicing contact, and default status
  • Current payoff and collateral value
  • Current NOI, rent roll, budget, and business plan
  • Extension options and covenant tests
  • Sponsor liquidity and proposed contribution
  • Desired relief and timing
  • Legal or guaranty issues if known

Mission

Translate the borrower's problem into a lender-credible structure that explains the ask, the lender protections, the milestones, and the fallback path.

Strategy

Step 1: Identify the Real Problem

Classify the request:

  • maturity timing problem
  • proceeds gap
  • temporary cash-flow shortfall
  • value impairment
  • leasing/capex execution delay
  • imminent monetary default
  • covenant or reporting default

Step 2: Select Candidate Structures

Compare:

  • short extension
  • performance-based extension
  • modification
  • forbearance
  • A/B note split
  • discounted payoff
  • deed-in-lieu
  • sale process standstill

Step 3: Build the Lender Give/Get

For each requested concession, pair lender protections:

  • fee
  • paydown
  • new equity
  • reserve
  • cash sweep
  • reporting
  • milestones
  • guarantor support
  • consent rights
  • deed-in-lieu escrow or release structure, subject to counsel

Step 4: Prepare Milestones

Create a measurable timeline:

  • package delivery
  • lender decision
  • lease execution
  • capex completion
  • appraisal/BOV update
  • sale launch or refinance launch
  • paydown date
  • final maturity

Step 5: Recommend Strategy and Fallback

State:

  • primary ask
  • minimum acceptable outcome
  • fallback if lender refuses
  • documents needed before counsel or lender call

Output Format

Reading the full skill counts as a download. The contributor receives your name, company, and email.
Ratings & reviews
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Examination record
Archive inspectionPackage unpacked in isolation; contents and paths verified
Executable & binary blockExecutables, binaries, and scripts rejected automatically
Static analysisScanned for exfiltration, credential access, obfuscation, prompt injection
Human reviewA moderator read the skill end to end. Retired on 14 September 2026 — screening decides now.
What each gate checks
Run it in Claude
  1. Copy the install command above
  2. Paste it into Claude, ChatGPT or Cursor
  3. It writes the skill in, fills in your firm’s details, and test-runs it with you
Prefer the file? The prompt above is for a package you already downloaded.
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Details
Version1.3.0
AddedJul 24, 2026
UpdatedJul 26, 2026
CategoryServicing
Downloads0
On GitHub★ 105
Tagsworkout, extension, default
More from Avi Hacker, J.D.
Imported from their public repository with attribution. Their other skills, and where to find the original, are on their contributor page.
View contributor