ataköy escort beylikdüzü escort şişli escort gaziantep escort seks hikayesi

Underperforming Office Investment with Challenged Ownership Group

Client Challenge: 

A high net worth client desired to improve the operating performance and value of an investment in a 375,000 sf office building in NYC that was suffering from dysfunctional partnership dynamics. Our client also desired to partially monetize its investment in the property to diversify concentration risk and generate funds for alternative investments.

Arcturus Solution: 

Conducted a full review of operations, leasing, expenses, reimbursements, capital expenditures and market positioning

Developed a revised budget, leasing strategy and long term asset management plan to reposition asset

Acted as an intermediary between divided ownership group in order to facilitate enhanced relations, improved decision making and support for investment plan

Developed and offered an asset recapitalization/joint venture plan to a select group of potential new third party investors

Negotiated with secured mortgage lender to assign existing loans and avoid prepayment penalties

Key Outcomes: 

Recapitalized project with a new investor at pricing 25% greater than client’s expectations

Created savings in excess of $25 million through successful negotiations with lender to approve loan assumption vs. requiring prepayment

Structured preferred equity position to allow client to receive income post-sale and participate in future appreciation