Public Retail and Apartment REIT
Background: The Chairman of the Board and major shareholder and a S.V.P. requested assistance with several activities while the REIT was in the process of a restructuring that entailed the sale of the client's apartment portfolio, the acquisition of another public retail REIT and the acquisition of a portion of the retail mall portfolio of another REIT. Multi-product and mixed-use real estate experience were helpful in post acquisition planning re malls. Annual revenues were in the mid 9 figures.
Scope: As a consultant, supported company staff in their due diligence investigations re the retail business acquisitions and also supported the pre-development analysis and planning effort re new power center developments.