Certain creditors of Office Income Properties Trust (OPI) have begun confidential talks ahead of the REIT’s more than $900m maturity wall, according to sources.

Some 2027 secured debtholders that previously organized with Milbank brought on Evercore, the sources said. Another creditor group holding roughly $610m in secured bonds due 2029 — borne out of an exchange last summer — banded together with Houlihan Lokey and White & Case, sources said.

OPI will likely attempt to play various creditors off each other to get a marketable restructuring plan before its debt and amortization payments come due next year, one of the sources said.