Posts Tagged ‘Acquisition’

Fairway Americas Client DREAM Capital Management Launches Its First Proprietary Distressed Debt Acquisition Fund, Distressed Real Estate and Mortgage Fund I, LLC

Sunday, August 17th, 2014


(PRWEB) August 07, 2014

Fairway America, LLC (Fairway), a Portland OR based real estate asset based advisory and investment firm, played the lead role in consulting, advising and guiding the structure and formation of the Distressed Real Estate and Mortgage Fund I, LLC (DREAM or the Fund), based in the greater New York City metropolitan area. The Funds Manager, DREAM Capital Management(DCM) is owned and operated by long time Tri-state area residents Robert Napolitano and Todd Royer.

Mr. Napolitano has been passionate about real estate since his youth, learning from his immigrant father who came to the United States and began investing in real estate more than 50 years ago. My father drove a bus in Manhattan for more than 40 years, said Napolitano, and he saved and skimped to buy his first rental house. Over time he bought and sold many of them and the financial independence he achieved doing it made a great impression on me. Napolitano used these formative experiences as a motivation to create a career in the real estate business, with a focus on real estate finance.

Sensing trouble in the mid-2000s during the subprime heyday, Napolitano decided to spend time learning the more technical legal side of the real estate business in anticipation of a wave of defaults. The practices that were going on those days in the mortgage business made me think there were going to be lots of problems with foreclosures based on the crazy loans being made, and I wanted to learn how to bring value to the market in the coming downturn, which I felt was inevitable, said Napolitano. He spent time focusing on the foreclosure market and began to craft the strategy that today is the foundation of DREAMs investment focus. I believe there is a long term opportunity in helping people solve difficult problems that arise as a result of lifes circumstances, and do well financially, in the process, for ourselves and our investors. I also felt a pooled investment fund was perfect for us to be able to execute on this vision.

Napolitano first ran into Fairway at the American Association of Private Lenders (AAPL) conference in Las Vegas in the fall of 2012. When he saw a panel session featuring Fairways CEO, Matt Burk, he knew right away these were the guys to help him realize that vision. The depth of their experience and comprehensiveness of their approach were just what I was looking for, said Napolitano. I had been trying to figure out how to put DREAM together and saw that these were the people to truly help me. Having now gone through their complete fund launch consulting engagement, I am ecstatic with that decision, as I have a complete and thorough knowledge and understanding of exactly what we are doing as we launch our fund. Fairway has been invaluable in helping us get this off the ground.

DREAM has also engaged Fairway to handle the ongoing back-end administration for all of the Funds activities. Having Fairway on our team going forward will make a huge difference to us as we grow our Fund, said Royer, who will head DREAMs ongoing operational functions. Their processes, systems, and support give us a great deal of confidence that will help us inspire that same confidence in our investors as we move forward. We can focus on raising capital and finding investment opportunities that meet our criteria and know all the important fund administration details are being handled professionally by an experienced and capable group of people. DREAM is launching in August 2014 and accepts accredited investors only.

About Fairway America

Fairway America, LLC is a longtime real estate lender, fund manager and boutique real estate finance advisory firm providing strategic business planning services nationwide to select private money lenders and real estate asset based dealmakers around the structure, architecture, and administration of proprietary 506 Regulation D SBRE funds. Fairway America Management Group II is the manager of Fairway America Fund VII, LLC, which invests in other 506 Regulation D SBRE funds nationwide.

About Distressed Real Estate and Mortgage Fund I

Distressed Real Estate and Mortgage Fund I, LLC is a 506 Regulation D SBRE fund that invests in opportunistic real estate debt and equity in the eastern United States. The Fund invests in both residential and commercial real estate asset based opportunities and accepts accredited investors only.







Tags: , , , , , , , , , , , , , , ,
Posted in Real Estate | No Comments »

Oceanside Entertainments Christopher Ryan and Power & Industrys Daniel Thompson Announce new Acquisition of the Ultimate VIP Sundance Film Festival Party List

Wednesday, February 12th, 2014


Los Angeles, CA (PRWEB) January 07, 2014

For nearly a decade, Christopher Ryans notorious Sundance Party List has been the single most sought after source for the Entertainment elite and partygoers worldwide. Christopher, creator of the coveted private master grid of Sundance events, has been featured in outlets such as The Wrap, Hollywood Reporter, Reuters, Variety, and Vanity Fair Magazine. 2014 marks a milestone moment for the Party King of Sundance and Oceanside Entertainment (OceansideENT.com) brand as a whole.

The Party List” has officially partnered with the likes of Power & Industry (PowerandIndustry.com) and its owner, Daniel Thompson. I am elated to have such a fabulous sponsor for The List during Sundance this year. Power & Industry supports Indie Films and the people that are making them. Its a perfect fit for our 2014 film festival Party List, recently stated Christopher. Christopher will continue to orchestrate his sacred list as usual, though the newly coined Power & Industry Party List will incorporate its own personality and industrious vision.

In the most unassuming way, these two names, Power & Industry and Daniel Thompson, have become key elements to one of the most influential film industry events in the United States. It is Daniels fourth year as owner and host of Power & Industrys Independent Film Makers Lounge. The many film executives, directors and decision makers who join with the A-List celebrities have made this their staple lounge because it’s hospitable respite from the fast paced race that is Sundance Film Festival.

Sitting down with Daniel in his head offices, one would be hard pressed to discover the major empire he commands over many markets. Despite his many production companies, vast real estate holdings, and philanthropic charities, Daniel instantly makes one feel like family. Daniel Thompson may be best known in the entertainment industry for his highly successful Flip Men series on Spike TV, but now his credits will include this recent camaraderie with Oceanside Entertainment and the new Power & Industry Party List.

For more information on Power & Industry, the Independent Film Makers Lounge, and the Daniel Thompson brand, please contact his publicity team at Jade Umbrella (JadeUmbrella.com).







Tags: , , , , , , , , , , , , , , ,
Posted in Real Estate | No Comments »

Greenberg Traurig Represents Providence Apparel in Acquisition of Gerber Childrenswear

Wednesday, October 30th, 2013

MIAMI (PRWEB) October 23, 2013

A multi-office team of attorneys at international law firm Greenberg Traurig represented Providence Apparel Inc. in its strategic acquisition of national apparel brand giant Gerber Childrenswear LLC from Sun Capital Partners, Inc., a Boca Raton private investment firm specializing in leveraged buyouts and investments in market-leading companies. Terms of the private transaction, which closed today, were not disclosed.

For Providence, the acquisition represents an opportunity to expand its significant retail product line. Gerber Childrenswear distributes infant and childrens apparel and related products under its flagship Gerber brand and the Onesies brand. Both brands are primarily distributed throughout North America in mass market and national retail chains. The company also markets infant and childrens apparel in department and specialty stores under licensed brands including Jockey for Kids, Lamaze and the National Football League.

We are very proud to have helped our client develop a unique strategy to differentiate its bid and stand out among the many other well-qualified, attractive suitors in this high-profile auction, said David A. Barkus, a Greenberg Traurig Miami Corporate & Securities shareholder who worked on the transaction. A significant part of that strategy involved working with Arthur J. Gallagher & Company to use representations and warranties insurance to strengthen our bid and help move the transaction along more smoothly. Greenberg Traurig is among the few law firms nationally who are utilizing innovative solutions like representations and warranties insurance to help our clients achieve their goals.

Barkus served as co-lead counsel along with Tax Shareholder Ozzie A. Schindler (Miami) and Corporate & Securities Shareholder Aaron T. Slavens (Miami). The team was supported by: Real Estate Shareholder Gavin M. Loughlin (Miami); Tax Shareholder Harry J. Friedman (Fort Lauderdale); National Environmental Practice Group Co-Chair Kerri L. Barsh (Miami); Tax Shareholder Mindy B. Leathe (Miami); Intellectual Property Shareholder Manuel R. Valcarcel (Miami); and Corporate & Securities Shareholder Todd A. Miller (Miami).

Apparel was represented by investment banks Marketing Management Group (MMG) and Capital Financial Advisors. Sun Capital was represented by investment bank Oppenheimer and law firm Kirkland & Ellis.

About Greenberg Traurig, LLP

Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 1750 attorneys serving clients from 36 offices in the United States, Latin America, Europe, the Middle East and Asia. Greenberg Traurig is among the Top 10 law firms on The National Law Journal’s 2013 NLJ 350, an annual ranking of the largest firms in the U.S. For additional information, please visit http://www.gtlaw.com







Tags: , , , , , , ,
Posted in Real Estate | No Comments »