Case Studies

Advisory

Principals of the firm completed the following:

• Advised the Republic of Ghana regarding two (2) transit oriented developments, a bullet train from Accra and Kumasi, new power generation and water treatment,plus 80,000 affordable housing units. Advised the Republic of Turkey on the creation of a $15 billion single family residential securitization model.
• Advised over 175 separate borrowers referencing $5 billion loan restructuring transactions representing over 300 loans.
• Advised a REIT board regarding the completion of a $3 billion merger of two US publicly traded REIT(s), ART and NRLP; completed the advisory work, fairness opinion, exchange ratios, portfolio valuations, and post-merger share analysis valuations (showing the accretive nature of the combined entities).
• Advised a borrower on restructuring of $3 billion distressed debt stack secured by a 30,000 multifamily apartment pool.
• Advised major NYC developer to acquire publicly traded $1.3 billion Metropolis corporation , the former Olympia & York entity.
• Advised a major opportunity fund for the acquisition of $1.3 billion publicly traded Alexander & Baldwin.
• Advised Sumitomo Real Estate on the formation of a $1 billion Fund with GMAC to acquire Japanese assets.
• Advised major opportunity fund to acquire a $690 million FDIC structured loan sale.
• Advised opportunity fund regarding a $532 million distressed loan portfolio acquisition and its GP interest.
• Advised client on a programmatic $500 million Joint Venture with Blackrock to acquire and develop West Coast Retail Assets.
• Advised a private equity group regarding a $420 million midwest loan portfolio acquisition.
• Advised $250 million Joint Venture with Prominent Family Office to acquire West Coast Suburban Office Assets.
• Advised loan settlement on behalf of a Southern China textile company client to receive a reduction of their loan on Guangdong province assets (China) from $100 million to $7.5 million from four Japanese banks.
• Advised borrower loan restructuring of $89 million loan portfolio in a FDIC Structured Transaction.
• Negotiated and successfully completed a $50 million real estate restructuring for a Swiss Family Estate.
• Advised multiple cities China on behalf of the Empire State Development Corporation (official NYS agency to promote economic development and trade for NYS) of the creation of affordable housing in outlying under-developed areas in China.

Investment Banking & Capital Placements

Current Principals of the firm completed the following:

• Advised on sale of 45% interest in Simpson Housing LLP valued at $2.1 billion.
• Advised Deutsche Bank AG on the sale of a $595 million office building in Midtown Manhattan.
• Advised Deutsche Bank AG on the sale of a $1 billion office building in downtown Manhattan.
• Arranged sale of $250 million private vineyard REIT.
• Analyzed, introduced, produced capability to acquire, and advised on the acquisition of a non-control 18.7% share block of public traded JC Nichols by the Blackacre Capital Group, LLC, a Cerberus Fund. Gross yield over 70% in one year.
• Analyzed, advised, and sold control block of shares in publicly traded Mego Financial Corporation, a timeshare company for Robert Nederlander.
• Arranged a $75 million Credit Facility for Midwest real estate operating company.
• Transacted 468 Unit Apartment Portfolio in Suburban New Jersey.
• Placement agent for Williams Realty Advisors $300 million multifamily investment fund.

Principal Related

Principals of the firm completed the following:

• Underwrote, coordinated due diligence, and financed a shopping mall in Schaumburg, IL for $29 million.
• Underwrote, coordinated due diligence, and financed Rayovac World Headquarters office in Madison, WI for $22 million.
• Underwrote, coordinated due diligence, and financed Park West Industrial Park in suburban Cincinnati for $40 million.
• Underwrote financing for a 65 unit luxury condominium building in New York City that provided $23 million in mezzanine debt.
• Assembled various parcels around Sands Hotel; Casino in Atlantic City, NJ for $6 million to create value added pending future sale of the property.
• Underwrote financing for a 223 unit high-rise luxury condominium building in Aventura, FL that provided $30 million in mezzanine debt.
• Underwrote, coordinated due diligence, and financed a portfolio of 80 condo/co-op units in New York City for $18 million.
• Underwrote, coordinated due diligence, and financed a warehouse facility in Nashville, TN for $18 million.
• Underwrote financing of 250 room hotel on New Jersey shore for $17 million second mortgage loan.

Asset Management - Owned Assets

Principals of the firm were involved the following:

• 2,500 acre California Golf Course Community.
• Two (2) Suburban Office Towers in Kansas City, MO.
• Two (2) land parcels for golf course communities in Williamsburg, VA.
• 110,000 SF Suburban Medical Office Park, Richmond, VA.
• 155,000 Retail Lifestyle Center in Portland, OR.
• 450 Residential Units in Linden Hill, NJ.
• 323 Residential Units in Clio, MI.
• 303 Residential Units in Pittsburg, PA.
• 157 Residential Units in Houston, TX.
• 280,000 SF Shopping Center in Richmond, IN.
• 460,000 sq. ft. high-rise office building in Portland, OR.
• 128,000 sq. ft. shopping center in Harwood Heights, IL.
• 200 room full-service Holiday Inn in Miami, FL.
• Omni Mall, a 725,000 sq. ft. mixed-use office/retail building and 528-room hotel in Miami, FL.
• Net-leased train station, commuter line railroad tracks and air rights in New York City.
• Rayovac World Headquarters in Madison, WI.
• Park West Industrial in Hebron, KY.
• 420,00 sq. ft. warehouse distribution facility in St. Paul, MN.

Recent Principal Transactions

Management Company Acquisition- Las Vegas. In April 2017, CFL acquired a management company that manages 30,000 residential units in Nevada for homeowners associations. The company generates over $1 mm EBITDA with over 20% annual growth in revenues.

Loan Pool Acquisition- Manhattan. In March 2016, CFL acquired a $10.75 million loan pool of distressed CRE loans in Manhattan. CFL has realized over a 32% return on investment.

Loan Acquisition- Chicago. In March 2015, CFL purchased a pool of defaulted first mortgage loans secured by real estate with a face value of $6.4 million.

Preferred Equity. In January 2015, CFL financed and co-invested and made a preferred equity investment in the acquisition of two (2) FEDEX NNN leased properties.

Collection Agency in Real Estate. In December 2014, CFL sponsored the purchase of 100% of the outstanding shares of NAS. NAS collects delinquent HOA fees in Nevada. Working with existing management, CFL immediately increased EBITDA by actually hire more people and returning outsourcing back to NAS. Cash flows will increase almost 37% immediately.

Corporate Investment. In 2014, CFL invested in a public real estate company buying both debt and common shares.

We have capital to invest through Greenstake Corporation and direct from CFL. In 2018, CFL is establishing two additional finance platforms for: i) small business loans secured by real estate and ii) "fix and flip" small residential revolving credit lines for developers.

Call Lawrence Selevan (CEO) at 212.405.2492.