Relevant Assignments

Convenience

Stores

• Swifty Serve Corp. and Clark Retail Enterprises, Inc. liquidating Chapter 11 bankruptcies,
1200 stores, 400 buyers, secured creditor GE Capital Franchise Finance Corp.

• 2,845 stores sold individually and in groups for 7-Eleven, BP America, Sunoco, RaceTrac Petroleum and
dozens of other clients

Restaurants

• Bennigan’s/Steak & Ale chapter 7 bankruptcy – 42 stores, 6 states, secured creditor GE Capital Franchise Finance Corp.

• Hops Grillhouse and Brewery, chapter 11 bankruptcy, 18 restaurants, 9 states

• Large Hardee’s franchisee receivership sale – 33 operating and 5 closed Hardee’s restaurants throughout the upper Midwest

• Denny’s restaurant franchisee – M&A sale of 20 Denny’s restaurants in Arizona and New York

Hotels

• 94 room full-service hotel with 21-acre development site, Natchez, Mississippi (Private Sale)

• 54 room limited-service hotel, Fort Hood, Texas (Lender Short Sale/FDIC Loss Share Agreement)

• 62 room limited-service hotel, High Desert, California, chapter 11 bankruptcy

• Resolution Trust Corporation – multiple hotels in Arizona, Texas, Illinois, California and other states

Industrial 

Propery

• YRC Worldwide, Inc. – Sale of 61 cross dock terminals in 24 states

• Getty Realty Corp. industrial sites, New York City Area

• Resolution Trust Corporation/FDIC – multiple industrial properties

Foreclosure

and

Note Sales

• 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.

• Multi-building and excess land parcel, Southern Illinois (Foreclosure Certificate of Sale)

• Gas Station and Convenience Store, Northwest Chicago, Suburb (Note Sale)

Additional 

Bankruptcy

Sales

• 190,000 sf mixed-use development project, Colorado Springs, chapter 11 bankruptcy 

• 43,000 sf retail strip center, outside Denver, Colorado, chapter 11 bankruptcy proceeding

• Former bank branch, Phoenix, Arizona, chapter 11 bankruptcy

Governmental

Ordered

Sales

• FDIC and Resolution Trust Company (RTC):  Awarded 33 contracts during Savings and Loan crisis selling 3,900 properties for $890 million over four years

• Department of Justice (DOJ): Retained by Special Trustee, Dom DiNapoli, to sell 41 commercial properties for the estate of GM car dealer John McNamara

• US Marshals Service:  Sold more than 40 properties for an excess of $15 million

Additional

Commercial

Sales

• Historic campus of Sears & Allstate, Chicago, Illinois

• 65-acre development site, Fort Myers, Florida

• National franchise hardware store, Oregon Central Coast

• Horse farm, Lexington, Kentucky (US Marshal Asset Seizure)

• 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

• Harbor Hills at Provincetown, Cape Cod, Massachusetts

• Inn at Silver Lakes, Helendale, California

Portfolio

Sales

• 23 Properties mixed and scattered across five States

• 83 Properties for Builder Close-Out, Chicago, Illinois

• Various Loan Servicer and Asset Manager Engagements