Representative Experiences

Company Turnaround

Assumed ownership and full operating control of a complex real estate operating company developing a 3,600 acre master planned community. Secured DIP financing; presently judicially restructuring the company.

Operations

Operated a multi-state, $2B private real estate homebuilding and land development company; recapitalized company; achieved record levels of closings and revenues; implemented internal controls and operating processes; launched a master planned community; and managed construction risk and litigation.

Acquisition of Distressed Assets

Acquired as principal or assisted in the acquisition and management of non-performing loans and REO for capital sources.

Asset Divestitures

Disposed of unprofitable or non-core businesses as part of overall restructuring plans.

General Advisory and Consulting

Advised public and private real estate companies, financial institutions, REIT's, public pension funds and life companies on exit alternatives, new business initiatives, valuations, market feasibility and portfolio matters.

Financial Restructuring

Assisted and led restructuring efforts for private homebuilders and land developers with their creditors.

Capital Adequacy Assessments

Developed capital adequacy plans for federal regulators monitoring or overseeing troubled financial institutions and failed insurance companies.

Expert Witness Testimony

Qualified as an expert witness and testified in federal bankruptcy and state superior courts throughout the United States on matters involving: damages and lost profits resulting from real estate transactions or management; condemnation; valuation; bankruptcy; and construction defects.

Transaction Support

Evaluated a $25B portfolio of international real estate operating companies and interests (controlling and non-controlling); evaluated capital structure alternatives; and advised buyers as to portfolio pricing.