NAI BLUESTONE REAL ESTATE CAPITAL LAUNCHES DISTRESSED REAL ESTATE CONSULTING GROUP
NAI Bluestone Real Estate Capital, LLC, a real estate investment banking and advisory firm headquartered in Philadelphia, is pleased to announce the formation of Bluestone Asset Resolution Group, an advisory group that helps distressed commercial real estate owners and lenders work out financing issues in today’s troubled market.
Bluestone’s seasoned team offers a full range of distressed real estate advisory services on behalf of lenders, borrowers, financial institutions and other entities handling defaulting loans or loan portfolios. Services include asset valuation via sales comparison, income approach and replacement cost, property level due diligence, financial modeling, strategic planning and extensive capital markets insight to generate viable workout structures. The group will also generate purchase and financing offers for real estate companies from its pool of national and international lenders and investors.
“In today’s turbulent market, it is mandatory to have a team of experienced workout specialists that provides lenders, borrowers and consultants with actionable solutions for the best possible outcome,” said Matthew McManus, chairman of NAI Bluestone Real Estate Capital. “Our distressed real estate and capital markets experience, combined with our vast network of investors, buyers and the nation’s top bankruptcy attorneys, enable NAI Bluestone’s Asset Management Group to secure viable capital sources that ultimately become the solution to work out mandates.”
The principal’s behind NAI Bluestone’s Asset Resolution Group have extensive experience advising real estate owners and lenders on some of the most complicated real estate transactional and advisory assignments. NAI Bluestone’s team has successfully navigated though numerous bankruptcy reorganization workouts where the solution in each case entailed the sale or recapitalization of the property. Additionally, owners of defaulted loans such as banks, portfolio lenders and private investors have engaged the NAI Bluestone team to assist the lender to find resolutions to broken transactions. Combining the nation’s top bankruptcy attorneys with NAI Bluestone’s real estate solutions can save the lender or borrower time and money by providing guidance early on in the workouts process and devising a plan of action for the best possible outcome.
