Signs you are here
- Senior debt is in place, but there is a gap above it.
- A partner or investor needs out, or needs capital redeployed on a deadline.
- The structure (joint venture, tenancy-in-common, fund) no longer fits the business plan.
- Investors need clear reporting and a straight answer.
How I work it
- Underwrite it freshThe business plan, the downside, and what has to be true.
- Structure the fixMezzanine, preferred equity, EB-5, a joint venture, or a 1031 path.
- Raise itFrom investors and lenders I know, including global high-net-worth investors.
- Manage it to the finishReporting, investor relations, and repayment.
Where I have done it
Hotels · Capital MarketsWaldorf Astoria Beverly HillsA $400M luxury hotel in Beverly Hills needed a mezzanine loan.Capital · Preferred EquitySt. Louis MultifamilyI raised a fund, it was repaid on schedule, and I put the money back to work in stabilized multifamily.Private Equity · BeijingMing Yang Wind PowerI found it, and I took it public.
Questions
What kinds of capital do you raise?
Mezzanine loans, preferred equity, EB-5, debt, and 1031 equity. I have raised $275M+ of debt and equity, including a $150M mezzanine loan for the Waldorf Astoria Beverly Hills.
Can you redeploy capital that needs a new home?
Yes. I raised a $7.1M fund for the LAX Hyatt, managed it through full repayment, then redeployed it as preferred equity in a stabilized 87-unit building in St. Louis.
Do you work with EB-5?
Yes. EB-5 is one of the tools I use alongside mezzanine and preferred equity, and I know the reporting and timing it demands.