
Relevant Assignments
Convenience
Stores
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Swifty Serve Corp. and Clark Retail Enterprises, Inc. liquidating Chapter 11 bankruptcies, 1200 stores, 400 buyers, secured creditor GE Capital Franchise Finance Corp.
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2,845 stores sold individually and in groups for 7-Eleven, BP America, Sunoco, RaceTrac Petroleum and dozens of other clients
Restaurants
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Bennigan’s/Steak & Ale chapter 7 bankruptcy – 42 stores, 6 states, secured creditor GE Capital Franchise Finance Corp.
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Hops Grillhouse and Brewery, chapter 11 bankruptcy, 18 restaurants, 9 states
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Large Hardee’s franchisee receivership sale – 33 operating and 5 closed Hardee’s restaurants throughout the upper Midwest
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Denny’s restaurant franchisee – M&A sale of 20 Denny’s restaurants in Arizona and New York
Hotels
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94 room full-service hotel with 21-acre development site, Natchez, Mississippi (Private Sale)
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54 room limited-service hotel, Fort Hood, Texas (Lender Short Sale/FDIC Loss Share Agreement)
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62 room limited-service hotel, High Desert, California, chapter 11 bankruptcy
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Resolution Trust Corporation – multiple hotels in Arizona, Texas, Illinois, California and other states
Industrial
Propery
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YRC Worldwide, Inc. – Sale of 61 cross dock terminals in 24 states
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Getty Realty Corp. industrial sites, New York City Area
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Resolution Trust Corporation/FDIC – multiple industrial properties
Foreclosure
and
Note Sales
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GD Holdings Inc. – 42 closed convenience stores in Kentucky and Tennessee sold individually through court foreclosure proceedings with pre-arranged stalking horse bidders. Secured creditor GE Capital Franchise Finance Corp.
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Multi-building and excess land parcel, Southern Illinois (Foreclosure Certificate of Sale)
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Gas Station and Convenience Store, Northwest Chicago, Suburb (Note Sale)
Additional
Bankruptcy
Sales
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190,000 sf mixed-use development project, Colorado Springs, chapter 11 bankruptcy
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43,000 sf retail strip center, outside Denver, Colorado, chapter 11 bankruptcy proceeding
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Former bank branch, Phoenix, Arizona, chapter 11 bankruptcy
Governmental
Ordered
Sales
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FDIC and Resolution Trust Company (RTC): Awarded 33 contracts during Savings and Loan crisis selling 3,900 properties for $890 million over four years
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Department of Justice (DOJ): Retained by Special Trustee, Dom DiNapoli, to sell 41 commercial properties for the estate of GM car dealer John McNamara
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US Marshals Service: Sold more than 40 properties for an excess of $15 million
Additional
Commercial
Sales
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Historic campus of Sears & Allstate, Chicago, Illinois
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65-acre development site, Fort Myers, Florida
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National franchise hardware store, Oregon Central Coast
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Horse farm, Lexington, Kentucky (US Marshal Asset Seizure)
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Golf Courses: Harbor Club, Lake Oconee, Georgia (chapter 11 bankruptcy); Hope Plantation, Charleston County, South Carolina (RTC); Harbor Hills Country Club and residential development, Lady Lake, Florida (US DOJ)
Timeshare
Resorts
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Harbor Hills at Provincetown, Cape Cod, Massachusetts
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Inn at Silver Lakes, Helendale, California
Portfolio
Sales
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23 Properties mixed and scattered across five States
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83 Properties for Builder Close-Out, Chicago, Illinois
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Various Loan Servicer and Asset Manager Engagements