INVESTMENT BANKS & INSTITUTIONAL INVESTORS
Investment banks fund or source development, refinancing and acquisition capital for nearly all property types. They target both opportunistic and short- to mid-term investment in conventional and special-use projects, and also in the firms that develop, own and operate those assets. In contrast, pension funds and life insurance companies are more risk averse and for the most part target traditional income property. They have longer investment horizons. Both source expertise and capacity outside their organizations to perform work including project and corporate leadership, transactions support and asset management.
Clients, Investors & Employers
- Lehman Brothers
- The First Boston Corporation
- California State Teachers’ Retirement System – CalSTRS
- Ohio Public Employees Retirement System – OPERS
Consulting Services & Responsibilities
- Board & Investment Committee representation
- Leading distressed asset work-outs, including redevelopment, re-leasing and recapitalization
- Managing due diligence and feasibility analysis
- Structuring and marketing private and securitized debt, equity and hybrid capital
- Structuring transactions and performing return sensitivity analysis