About Us


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Overview

Chesterfield Faring, Ltd ("CFL") is an entrepreneurial enterprise. No opportunity is overlooked but a quick "no" wastes no time.  We undertake unique situations so "yes" is often the norm. Principals of CFL think outside the "box" so opportunities lost to others is found by us. 

Often, CFL invests in direct real estate asset(s), real estate portfolios, distressed debt, high yield private preferred equity, real estate companies both publicly traded and privately held, and incubates new smart talent both in the firm and in its invested companies.  We have a core of investors that co-invest in each transaction with us. We are known that we get our deals closed.

CFL takes first mover advantage in targeted markets overlooked by other merchant banks. For example, CFL created a CRE debt restructuring platform in March 2007, a full year ahead of the capital markets collapse. CFL was a first mover that led to over $7 billion in CRE debt restructuring assignments for CRE borrowers. That experience allows CFL to see the borrowers vantage point as it acquires larger and larger "leftover" pools of CRE loans being liquidated by major funds and banks currently.


Often, past opportunities create new opportunities.  Thinking like a principal and investing its own capital side by side with its clients, provides us an unique alignment to vet the best deals and at the best pricing.  


As an advocate, CFL provides best-in-class merchant banking services to clients such as specialty institutional firms, private family home offices, entrepreneurs, and select private clients. CFL is a team structured culture. Each assignment is closely analyzed to determine the best team to be organized to complete the execution.


We invest in people not just assets. 

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Alignment of Interests

When either co-investing with our core investors or clients of the firm, we align our interests.  It is of great importance to us to develop long-term, mutually beneficial, relationships with our clients/ investors. 

We maintain the highest standards of integrity, transparency, and professionalism to insure alignment of interests and well informed & better relationships with our clients/investors.

Our clients entrust us to provide sound financial advice. We provide a well-executed strategy delivering positive results for our clients. We invest equity capital, provide bridge loans, and invest time in our clients to further develop our mutual relationship(s).

We pride ourselves on being indispensable to our clients’ businesses. We take our clients’ business interests seriously and advocate their positions with logic, precision, competency, and passion.

As a result, our clients and investors are all repeat clients/ investors.

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Independence

We are entirely independent and focused on our clients and their objectives.  We do not have contradictory platforms which compete with our clients.  We do fill any holes in the capital stack when requested by a client or an investor. 

Our advice is unfettered by the internal conflicts and distractions inherent with larger, diversified financial institutions with competing interests. 


As an independent, boutique firm, we can provide objective advice to our clients. 


This includes advising clients not to pursue transactions if they are unwarranted or inappropriate.


Our philosophy has always been: “No one deal is worth losing a client, tarnishing our reputation, or compromising our future business."

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Our Process

Engagement

Before CFL accepts an engagement, it researches and assesses the efficacy of the client's business model, objectives, mission, sustainability, size, and scope. The firm determines if the client's desired result is achievable. Upon determination of client suitability, CFL appoints the appropriate personnel to meet the client's needs.  We then set realistic time frames to complete the assignment. Then, the client and CFL execute an engagement letter setting forth services and timelines.

Preparation of Offering Materials

CFL sends a checklist for documentation requirements to the client. From the documentation sources, CFL prepares a comprehensive, clear, and concise description of the client's business and strategy.  We distilling the key drivers and competitive advantages of the client's opportunity. This may include business plans, business strategy, single asset or portfolio analysis, growth plan, liquidation plan, debt financing, or an equity capitalization plan.

Financial Modeling

CFL creates detailed financial models for review by the client that complement the plan. The financial model acts as an integrated tool to enable investors, lenders, and capital providers the ability to determine the value proposition and anticipated returns.

Capital Strategy

CFL will present the completed Plan setting forth strategic options and financial models to the client for review and comment.

Capital Formation

After review by the client of the Plan, CFL will assist the client in determining the timing, amount, and optimal capital structure to maximize value.  If required, CFL will invest whatever portion of the capital stack may not be available by other investors. 

Investor Identification

Once the plan is complete, CFL will identify appropriate capital sources (including CFL if required) for the transaction. Often, the appropriate capital sources add value through their relationships or knowledge base. CFL will use its strong and enduring long-term relationships to procure the most appropriate candidates to finance the client's business and/or assets at the lowest cost possible.

Process Management

After narrowing the field, CFL will advise the client on the best potential market terms and negotiate all final terms and conditions of the funding(s) with the capital sources.

Final Strategic Advisory and Execution

Upon an acceptable Plan structure, CFL will assist the client in all closing procedures until final funding occurs. Post closing, CFL will remain a resource for the client as needed; including raising additional rounds of capital and providing strategic advice, when requested.

Lawrence J. Selevan

Chief Executive Officer

Lawrence J. Selevan is responsible for the overall direction of the Firm. Mr. Selevan has more than 42 years of experience in real estate investment banking, investment management, principal ownership, and capital markets activities.

During his career, Mr. Selevan has executed well over $15 billion in transactions for both US domestic and offshore institutional and private clients, including US REITs, pension fund, fund managers, global investment banks, private family home offices, and Sovereign Wealth Funds.  Prior to the Firm, Mr. Selevan was the CEO of Garrick Aug, Director of Fund Management for Sumitomo Real Estate, Managing Director at Fieldstone, Inc. and the merchant banker for a private family office.   He has moderated several conference panels every year specifically referencing private equity, distressed real estate opportunities, special opportunities, and global infrastructure project finance.  He has worked on projects throughout the world including the US & the Americas, Europe, Africa, and Asia.

Continued

Dr. Katsuhiko Takahashi

Special Adviser

In his earlier professional career, as an urban planner and strategist, Dr. Takahashi served as the Chief Town Planner of Abu Dhabi (1967-1969) and prepared a master plan for the creation and development of Abu Dhabi. Dr. Takahashi joined United Nations Headquarters in New York in 1969 and the following 10 years at UN (1969-1979).  Dr. Takahashi advised various governments on housing, building and planning, including the housing development program of the United Arab Emirates establishment of a building research centers in Indonesia and India, development of new Capital city of Dodoma, Tanzania. Later, Dr. Takahashi advised the design team led by Kenzo Tange for the urban design of the Central Area of Abuja, the new capital city of Nigeria (1980-1982).  He is an internationally acknowledged and recognized world class real estate developer.  

Currently, Dr. Takahashi is a Managing Director of Pegasus Engineering Corporation of Tokyo, Japan. Consultant to various UN conferences, inter-regional workshops and seminars on Habitat, privatization and PPP projects.   Also, he is a seni or adviser to the firm.

Previously, he served as a Senior Executive Advisor of the Kumagai Gumi, Co., Ltd. (1988-1998), a Tokyo based constriction giant (at the time the world largest construction company). In 1989, he was appointed the responsibilities as the Chairman of Kumagai Gumi North America Holdings (“KG”).  KG controlled KG Land New York Corporation, KG Land California, KG A & A Corporation and KG Caribbean.  In that position, Dr. Takahashi was responsible for the management over $3 billion investment and construction portfolio in the United States and Puerto Rico, including the Americas Tower, a 50 story, 1 million SF landmark office building (NYC), the World Wide Plaza, a 50 story 1.6 million SF, also a landmark office building (NYC), Central Park Place, a condominium tower and Broadway Crown Plaza, a 770 room hotel, plus El Conquistador, a 1,000 room hotel and resort complex in Puerto Rico.  Concurrently, Dr. Takahashi took charge of the Kumagai’s European and Asian investment portfolio. In late 1980’s, Dr. Takahashi led the teams of Construction management and completed the construction of the Bank of China Building, a landmark of Hong Kong, and the installation of a 1 million SF curtain wall for the Singapore’s Westin Hotel, the tallest hotel in Asia. In Europe, Dr. Takahashi managed the construction of the Nomura House, a 600,000 SF premier office building in London and Ciragan Palace Hotel, a five star hotel in Istanbul.

Education:

i) Ph.D., New York University’s Graduate School of Arts & Science, 
ii) M.Sc, Columbia University Graduate School of Architecture and Planning, and 
iii) BA, Tokyo University of Arts and Architecture.

Continued

David Groelinger

Chief Financial Officer

David Groelinger held senior level financial positions in private and public companies in a variety of industries over the last 30 years.  He has extensive experience in investments and hedging, financial operations, real estate transactions, domestic & international capital market transactions.

In the late 1970’s, he was the first Assistant Treasurer of the United Mine Workers of America Health & Retirement Funds, a multi-billion dollar Taft-Hartley Trust Fund.  In this capacity he implemented treasury and investment functions and reporting and managed a $600 million short-term fixed asset portfolio.  

From 1980 until 1992, Groelinger was with Chiquita Brands, an international producer, marketer and distributor of high-quality fresh food products, where rose through the Treasury department to become Treasurer and Vice President, reporting to Chiquita’s CEO-President. Thereafter he was Executive Vice President, Chief Financial Officer and a member of the board of directors of a privately held, off-shore holding company, which owned and managed an international cruise line.  In 1996, Groelinger became Executive Vice President and Chief Financial Officer for Riddell Sports, Inc., an AMEX-listed manufacturer and distributor of sports equipment and clothing.  More recently, he has been a financial adviser to members of the Nederlander family and served as CFO and a board member of Broadway China Ventures. 

Mr. Groelinger also served as a Director and chaired the Audit Committee at AppliedTheory, a NASDAQ-listed internet solutions company.  

Mr. Groelinger holds a Bachelor of Arts degree from the University of Miami and a Master of Business Administration from Hofstra University.

Continued

Keith Broemmer

Senior Managing Director

Keith Broemmer is a Senior Managing Director.  His direct responsibilities include oversight of the placement activities of the investment banking assignments of the firm. This includes the debt and equity placements for clients, as well as directing investments for the firm's principal related activities. Keith oversees the staff and production work, and assists in the oversight of the operations of the firm. Keith has over 25 years of experience in real estate portfolio and asset dispositions, structured equity and debt placements, acquisitions, and advisory. Assignments have included hundreds of assets, all property types, throughout the United States for an institutional client base of public and private investors, including GE, Apollo Real Estate, Deutsche Bank, Bear Stearns, and Morgan Stanley.

Keith was previously Managing Partner and Co-Founder of Broad Street Advisors, where he spent the previous 12 years of his career. He and his partners transacted on over $9.5 billion. Prior to Broad Street, Mr. Broemmer was Senior Vice President, for Harbert Realty Services, a private equity and real estate firm. Previously he was a Vice President for Atlantic Realty Partners.

Continued

James Malone

Senior Managing Director Special Situations

James Malone has more than twenty years of investment and advisory experience encompassing real estate equity and debt transactions, asset management, capital markets, best practices and distressed debt portfolios. His expertise is strongly supported in acquisition strategy and strong closing abilities.  

Most recently, he was the Managing Partner of Wynnewood Realty Partners LLC, a real estate investment and advisory firm that specializes in buy-side strategy, origination(s), capital markets execution and debt valuation. In this capacity, he was a senior advisor to Cofinance Group, a Luxembourg-based private real estate investment firm, where he directed commercial acquisitions activity in the United States. He has also advised Vision Equities on capital raising, buy side strategies and originated CBD and suburban office properties.


Previously, he has held senior positions with Sentinel Real Estate Corporation, Greenstreet Real Estate Partners and Arbor Realty Trust where he was involved with the acquisition of more than $750 million of direct equity, joint venture equity and debt investments across various real estate property types. His transactional experience spans various investment disciplines both domestically and internationally. 


James has advised lending institutions since 2009 on distressed debt, REO, best practices and regulatory compliance. His experience encompasses developing and implementing key strategies for clients based on developing best practices, workout and liquidation approaches, portfolio stratification, loan review, impairment and risk analysis and NPL, and credit policy review. He has led or co-lead several advisory assignments, including a project for a Colorado-based community bank on loan administration practices, as well as risk exposure and workout and liquidation policies pursuant to a recapitalization or sale. He has also managed underwriting, impairment, and risk analysis on U.S. commercial and real estate loan portfolios for Swiss National Bank, PPIP advisor, and multiple other clients.

James holds degrees from New York University and Fairfield University. 

Continued

Garrett R. Bowden

Managing Director

Garrett R. Bowden career spans three decades in commercial real estate.   His assignments have included the sale of 595 Madison Avenue (The Fuller Building) and the sale of the Saks Fifth Avenue leasehold to the Swiss Bank Corporation in 1986 to create a Class A office building off Fifth Avenue, which earned his team The Real Estate Board of New York’s “Most Ingenious Deal of the Year” award.  He has extensive experience in recapitalizing golf and resort communities.  Previous employers include: Chase Manhattan Bank, Cross & Brown (MetLife), and Sumitomo Real Estate.

Mr. Bowden is an active member of the Real Estate Board of New York, Inc., The Young Men’s/Women’s Real Estate Association of New York (YM/WREA), Advisory Board Member of the Soldier’s, Sailor’s, Airmen’s and Marines Club, The Explorers Club, a Director of the Big Apple Greeter (New York City), a Trustee of the Downtown Association, a former member of the Eckerd College Alumni Advisory Board where he graduated from in 1973, and active in other charitable and philanthropic organizations.

He holds a Masters of International Management (M.I.M.) degree in International Finance and Marketing from the Thunderbird Graduate School of International Management in 1975.

Continued

Drunell Levinson

Originations/ Director

Since 2007, Drunell has worked in the real estate markets in the New York City area. She has in-depth valuation and assessing value add opportunities.  She currently vets new opportunities for the firm as a Director of Origination.

Her prior experience includes seeking and obtaining sites for cell towers and other nationwide communication devices.  Through this experience she gained advance technology knowledge for new construction of real estate projects. 

Drunell holds a Ph.D. and an M.A. from New York, University, Steinhardt School of Culture, Education and Human Development.

Continued



Chesterfield Faring LTD
Chesterfield Faring LTD

Overview

Overview

Chesterfield Faring, Ltd ("CFL") is an entrepreneurial enterprise. No opportunity is overlooked but a quick "no" wastes no time.  We undertake unique situations so "yes" is often the norm. Principals of CFL think outside the "box" so opportunities lost to others is found by us. 

Often, CFL invests in direct real estate asset(s), real estate portfolios, distressed debt, high yield private preferred equity, real estate companies both publicly traded and privately held, and incubates new smart talent both in the firm and in its invested companies.  We have a core of investors that co-invest in each transaction with us. We are known that we get our deals closed.

CFL takes first mover advantage in targeted markets overlooked by other merchant banks. For example, CFL created a CRE debt restructuring platform in March 2007, a full year ahead of the capital markets collapse. CFL was a first mover that led to over $7 billion in CRE debt restructuring assignments for CRE borrowers. That experience allows CFL to see the borrowers vantage point as it acquires larger and larger "leftover" pools of CRE loans being liquidated by major funds and banks currently.


Often, past opportunities create new opportunities.  Thinking like a principal and investing its own capital side by side with its clients, provides us an unique alignment to vet the best deals and at the best pricing.  


As an advocate, CFL provides best-in-class merchant banking services to clients such as specialty institutional firms, private family home offices, entrepreneurs, and select private clients. CFL is a team structured culture. Each assignment is closely analyzed to determine the best team to be organized to complete the execution.


We invest in people not just assets. 

Alignment of Interests

When either co-investing with our core investors or clients of the firm, we align our interests.  It is of great importance to us to develop long-term, mutually beneficial, relationships with our clients/ investors. 

We maintain the highest standards of integrity, transparency, and professionalism to insure alignment of interests and well informed & better relationships with our clients/investors.

Our clients entrust us to provide sound financial advice. We provide a well-executed strategy delivering positive results for our clients. We invest equity capital, provide bridge loans, and invest time in our clients to further develop our mutual relationship(s).

We pride ourselves on being indispensable to our clients’ businesses. We take our clients’ business interests seriously and advocate their positions with logic, precision, competency, and passion.

As a result, our clients and investors are all repeat clients/ investors.

Independence

We are entirely independent and focused on our clients and their objectives.  We do not have contradictory platforms which compete with our clients.  We do fill any holes in the capital stack when requested by a client or an investor. 

Our advice is unfettered by the internal conflicts and distractions inherent with larger, diversified financial institutions with competing interests. 


As an independent, boutique firm, we can provide objective advice to our clients. 


This includes advising clients not to pursue transactions if they are unwarranted or inappropriate.


Our philosophy has always been: “No one deal is worth losing a client, tarnishing our reputation, or compromising our future business."

Our Process

Engagement

Before CFL accepts an engagement, it researches and assesses the efficacy of the client's business model, objectives, mission, sustainability, size, and scope. The firm determines if the client's desired result is achievable. Upon determination of client suitability, CFL appoints the appropriate personnel to meet the client's needs.  We then set realistic time frames to complete the assignment. Then, the client and CFL execute an engagement letter setting forth services and timelines.

Preparation of Offering Materials

CFL sends a checklist for documentation requirements to the client. From the documentation sources, CFL prepares a comprehensive, clear, and concise description of the client's business and strategy.  We distilling the key drivers and competitive advantages of the client's opportunity. This may include business plans, business strategy, single asset or portfolio analysis, growth plan, liquidation plan, debt financing, or an equity capitalization plan.

Financial Modeling

CFL creates detailed financial models for review by the client that complement the plan. The financial model acts as an integrated tool to enable investors, lenders, and capital providers the ability to determine the value proposition and anticipated returns.

Capital Strategy

CFL will present the completed Plan setting forth strategic options and financial models to the client for review and comment.

Capital Formation

After review by the client of the Plan, CFL will assist the client in determining the timing, amount, and optimal capital structure to maximize value.  If required, CFL will invest whatever portion of the capital stack may not be available by other investors. 

Investor Identification

Once the plan is complete, CFL will identify appropriate capital sources (including CFL if required) for the transaction. Often, the appropriate capital sources add value through their relationships or knowledge base. CFL will use its strong and enduring long-term relationships to procure the most appropriate candidates to finance the client's business and/or assets at the lowest cost possible.

Process Management

After narrowing the field, CFL will advise the client on the best potential market terms and negotiate all final terms and conditions of the funding(s) with the capital sources.

Final Strategic Advisory and Execution

Upon an acceptable Plan structure, CFL will assist the client in all closing procedures until final funding occurs. Post closing, CFL will remain a resource for the client as needed; including raising additional rounds of capital and providing strategic advice, when requested.



Our Approach



Bios

Lawrence J. Selevan

Chief Executive Officer

Lawrence J. Selevan is responsible for the overall direction of the Firm. Mr. Selevan has more than 42 years of experience in real estate investment banking, investment management, principal ownership, and capital markets activities.

During his career, Mr. Selevan has executed well over $15 billion in transactions for both US domestic and offshore institutional and private clients, including US REITs, pension fund, fund managers, global investment banks, private family home offices, and Sovereign Wealth Funds.  Prior to the Firm, Mr. Selevan was the CEO of Garrick Aug, Director of Fund Management for Sumitomo Real Estate, Managing Director at Fieldstone, Inc. and the merchant banker for a private family office.   He has moderated several conference panels every year specifically referencing private equity, distressed real estate opportunities, special opportunities, and global infrastructure project finance.  He has worked on projects throughout the world including the US & the Americas, Europe, Africa, and Asia.

Continued

Dr. Katsuhiko Takahashi

Special Adviser

In his earlier professional career, as an urban planner and strategist, Dr. Takahashi served as the Chief Town Planner of Abu Dhabi (1967-1969) and prepared a master plan for the creation and development of Abu Dhabi. Dr. Takahashi joined United Nations Headquarters in New York in 1969 and the following 10 years at UN (1969-1979).  Dr. Takahashi advised various governments on housing, building and planning, including the housing development program of the United Arab Emirates establishment of a building research centers in Indonesia and India, development of new Capital city of Dodoma, Tanzania. Later, Dr. Takahashi advised the design team led by Kenzo Tange for the urban design of the Central Area of Abuja, the new capital city of Nigeria (1980-1982).  He is an internationally acknowledged and recognized world class real estate developer.  

Currently, Dr. Takahashi is a Managing Director of Pegasus Engineering Corporation of Tokyo, Japan. Consultant to various UN conferences, inter-regional workshops and seminars on Habitat, privatization and PPP projects.   Also, he is a seni or adviser to the firm.

Previously, he served as a Senior Executive Advisor of the Kumagai Gumi, Co., Ltd. (1988-1998), a Tokyo based constriction giant (at the time the world largest construction company). In 1989, he was appointed the responsibilities as the Chairman of Kumagai Gumi North America Holdings (“KG”).  KG controlled KG Land New York Corporation, KG Land California, KG A & A Corporation and KG Caribbean.  In that position, Dr. Takahashi was responsible for the management over $3 billion investment and construction portfolio in the United States and Puerto Rico, including the Americas Tower, a 50 story, 1 million SF landmark office building (NYC), the World Wide Plaza, a 50 story 1.6 million SF, also a landmark office building (NYC), Central Park Place, a condominium tower and Broadway Crown Plaza, a 770 room hotel, plus El Conquistador, a 1,000 room hotel and resort complex in Puerto Rico.  Concurrently, Dr. Takahashi took charge of the Kumagai’s European and Asian investment portfolio. In late 1980’s, Dr. Takahashi led the teams of Construction management and completed the construction of the Bank of China Building, a landmark of Hong Kong, and the installation of a 1 million SF curtain wall for the Singapore’s Westin Hotel, the tallest hotel in Asia. In Europe, Dr. Takahashi managed the construction of the Nomura House, a 600,000 SF premier office building in London and Ciragan Palace Hotel, a five star hotel in Istanbul.

Education:

i) Ph.D., New York University’s Graduate School of Arts & Science, 
ii) M.Sc, Columbia University Graduate School of Architecture and Planning, and 
iii) BA, Tokyo University of Arts and Architecture.

Continued

David Groelinger

Chief Financial Officer

David Groelinger held senior level financial positions in private and public companies in a variety of industries over the last 30 years.  He has extensive experience in investments and hedging, financial operations, real estate transactions, domestic & international capital market transactions.

In the late 1970’s, he was the first Assistant Treasurer of the United Mine Workers of America Health & Retirement Funds, a multi-billion dollar Taft-Hartley Trust Fund.  In this capacity he implemented treasury and investment functions and reporting and managed a $600 million short-term fixed asset portfolio.  

From 1980 until 1992, Groelinger was with Chiquita Brands, an international producer, marketer and distributor of high-quality fresh food products, where rose through the Treasury department to become Treasurer and Vice President, reporting to Chiquita’s CEO-President. Thereafter he was Executive Vice President, Chief Financial Officer and a member of the board of directors of a privately held, off-shore holding company, which owned and managed an international cruise line.  In 1996, Groelinger became Executive Vice President and Chief Financial Officer for Riddell Sports, Inc., an AMEX-listed manufacturer and distributor of sports equipment and clothing.  More recently, he has been a financial adviser to members of the Nederlander family and served as CFO and a board member of Broadway China Ventures. 

Mr. Groelinger also served as a Director and chaired the Audit Committee at AppliedTheory, a NASDAQ-listed internet solutions company.  

Mr. Groelinger holds a Bachelor of Arts degree from the University of Miami and a Master of Business Administration from Hofstra University.

Continued

Keith Broemmer

Senior Managing Director

Keith Broemmer is a Senior Managing Director.  His direct responsibilities include oversight of the placement activities of the investment banking assignments of the firm. This includes the debt and equity placements for clients, as well as directing investments for the firm's principal related activities. Keith oversees the staff and production work, and assists in the oversight of the operations of the firm. Keith has over 25 years of experience in real estate portfolio and asset dispositions, structured equity and debt placements, acquisitions, and advisory. Assignments have included hundreds of assets, all property types, throughout the United States for an institutional client base of public and private investors, including GE, Apollo Real Estate, Deutsche Bank, Bear Stearns, and Morgan Stanley.

Keith was previously Managing Partner and Co-Founder of Broad Street Advisors, where he spent the previous 12 years of his career. He and his partners transacted on over $9.5 billion. Prior to Broad Street, Mr. Broemmer was Senior Vice President, for Harbert Realty Services, a private equity and real estate firm. Previously he was a Vice President for Atlantic Realty Partners.

Continued

James Malone

Senior Managing Director Special Situations

James Malone has more than twenty years of investment and advisory experience encompassing real estate equity and debt transactions, asset management, capital markets, best practices and distressed debt portfolios. His expertise is strongly supported in acquisition strategy and strong closing abilities.  

Most recently, he was the Managing Partner of Wynnewood Realty Partners LLC, a real estate investment and advisory firm that specializes in buy-side strategy, origination(s), capital markets execution and debt valuation. In this capacity, he was a senior advisor to Cofinance Group, a Luxembourg-based private real estate investment firm, where he directed commercial acquisitions activity in the United States. He has also advised Vision Equities on capital raising, buy side strategies and originated CBD and suburban office properties.


Previously, he has held senior positions with Sentinel Real Estate Corporation, Greenstreet Real Estate Partners and Arbor Realty Trust where he was involved with the acquisition of more than $750 million of direct equity, joint venture equity and debt investments across various real estate property types. His transactional experience spans various investment disciplines both domestically and internationally. 


James has advised lending institutions since 2009 on distressed debt, REO, best practices and regulatory compliance. His experience encompasses developing and implementing key strategies for clients based on developing best practices, workout and liquidation approaches, portfolio stratification, loan review, impairment and risk analysis and NPL, and credit policy review. He has led or co-lead several advisory assignments, including a project for a Colorado-based community bank on loan administration practices, as well as risk exposure and workout and liquidation policies pursuant to a recapitalization or sale. He has also managed underwriting, impairment, and risk analysis on U.S. commercial and real estate loan portfolios for Swiss National Bank, PPIP advisor, and multiple other clients.

James holds degrees from New York University and Fairfield University. 

Continued

Garrett R. Bowden

Managing Director

Garrett R. Bowden career spans three decades in commercial real estate.   His assignments have included the sale of 595 Madison Avenue (The Fuller Building) and the sale of the Saks Fifth Avenue leasehold to the Swiss Bank Corporation in 1986 to create a Class A office building off Fifth Avenue, which earned his team The Real Estate Board of New York’s “Most Ingenious Deal of the Year” award.  He has extensive experience in recapitalizing golf and resort communities.  Previous employers include: Chase Manhattan Bank, Cross & Brown (MetLife), and Sumitomo Real Estate.

Mr. Bowden is an active member of the Real Estate Board of New York, Inc., The Young Men’s/Women’s Real Estate Association of New York (YM/WREA), Advisory Board Member of the Soldier’s, Sailor’s, Airmen’s and Marines Club, The Explorers Club, a Director of the Big Apple Greeter (New York City), a Trustee of the Downtown Association, a former member of the Eckerd College Alumni Advisory Board where he graduated from in 1973, and active in other charitable and philanthropic organizations.

He holds a Masters of International Management (M.I.M.) degree in International Finance and Marketing from the Thunderbird Graduate School of International Management in 1975.

Continued

Drunell Levinson

Originations/ Director

Since 2007, Drunell has worked in the real estate markets in the New York City area. She has in-depth valuation and assessing value add opportunities.  She currently vets new opportunities for the firm as a Director of Origination.

Her prior experience includes seeking and obtaining sites for cell towers and other nationwide communication devices.  Through this experience she gained advance technology knowledge for new construction of real estate projects. 

Drunell holds a Ph.D. and an M.A. from New York, University, Steinhardt School of Culture, Education and Human Development.

Continued