TPG Advisory, LLC.
TPG Advisory’s Investment Group invests in underperforming real estate and on a selective basis in distressed or underperforming operating companies.
TPG Advisory will invest in the following real estate situations by either purchasing the entire project or, if
appropriate, providing a guaranteed minimum price with sharing of the excess profits with the sellers. TPG
Advisory is comfortable purchasing assets in and outside of a bankruptcy
Financially Distressed or Stalled Real Estate Developments where new capital and expertise can create
value in the property through a combination of project completion, project repositioning, marketing action plans
and various asset disposition strategies.
Troubled Condo Conversions that are unable to complete the conversions as a result of insufficient capital,
change in market dynamics, or missed market analysis. TPG Advisory will develop an asset disposition program
that will generally include interim rentals and continued condo sales through auctions and/or conventional
sales programs.
Bank-Owned Pools of Residential Real Estate (“REOs”) where property management, rental programs and
other activities can reposition the properties for repackaging and sale.
Non-Performing Debt on real estate properties where through debt repurchase, restructuring and refinancing
a performing asset can be created.
TPG Advisory will also invest, on an opportunistic basis, in distressed operating companies where the business
can be turned around through operating improvements, debt restructuring and/or strategic repositioning.
TPG Advisory - Turnaround Consulting Group
TPG Advisory provides a full range of consulting services to owners and lenders of underperforming
multi-family residential real estate properties and distressed operating companies.
REAL ESTATE CONSULTING SERVICES INCLUDE:
Project Valuation & Viability based on various scenarios related to construction completion cost and timing,
sales process and rental/sales strategy.
Management of Asset Disposition including all aspects of preparing the project for disposition (e.g. repositioning,
marketing, construction completion, property management) and execution of sales programs.
OPERATING COMPANY CONSULTING SERVICES INCLUDE:
Debtor Advisory Services: TPG Advisory works with the client company to formulate a turnaround strategy, design an action-oriented plan and assist in implementing the turnaround. If required for the restructuring, TPG Advisory will assist with refinancing the debt of the business or locating alternative equity sources.
Interim Management: TPG Advisory’s professionals have the management experience and expertise to act, on an interim basis, as the Chief Executive Officer, Chief Restructuring Officer, Crisis Manager, Chief Operating Officer or Chief Financial Officer of a company.
Insolvency Services: TPG Advisory’s professionals, working with the client company’s attorneys, are able to guide a client through a successful Chapter 11 bankruptcy reorganization, receivership and/or assignment for the benefit of creditors.
Creditor Services: TPG Advisory assists creditors and creditor committees in both out-of-court workouts and
bankruptcy proceedings, providing services such as viability analysis, collateral review, and sale and liquidation
of assets.
SAMPLE ASSIGNMENTS
- Restructuring Consultant to developer of a stalled 493 unit condominium, single family and townhouse master-planned community on 217 acres with 113 units sold and 45 partially completed. Completed a viability analysis, developed restructuring scenarios and located new financing.
- Creditor Trustee for a large real estate company's bankruptcy which involved 7 separate Chapter 11 cases. Responsible for the sale of over 200 assets in 50 partnerships. Managed real estate operations for hotels, apartments, golf resort, R&D and warehouse properties located throughout New England and Florida during the liquidation of the assets. Creditors received a dividend of approximately 80 cents.
- Interim CEO for an e-commerce Business-to-Business technology company, providing an end solution for issuing property and casualty insurance policies nationally. At its peak, the company had 500 employees operating in 14 states with three operating divisions. Reduced burn rate from $8 million per month to $4 million, reorganized operations, and negotiated sales, alliances, and mergers for certain of the company's assets.
- Financial Advisor for the bank on a $60 million, 126 unit condominium project. Responsible for managing the funding and completing construction of the project. Assisted in the sale process.