Current and Recent Advisory Engagements

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In this recent engagement, we were instrumental in the structuring of a new real estate fund, with a strategic focus on manufactured housing and parking investments. Our role extended beyond initial structuring, delving into detailed modeling of the new fund structure to conduct sensitivity analysis. This analysis spanned various promote structures at both deal and fund levels, enabling the calculation of projected gross and net Internal Rate of Returns (IRRs). We played a pivotal role in optimizing the overall fund structure for tax efficiency. Additionally, our expertise was crucial in developing marketing materials, articulately communicating the structure's benefits, expected returns, and tax advantages to potential investors. This holistic approach ensured a robust and appealing investment opportunity for our clients.

We are currently engaged in a dynamic urban development project covering 2-3 blocks in a New England city. Our role is integral, working in concert with the urban planning team to optimize the project's blueprint. We are actively developing a comprehensive financial plan that spans all phases of the project, ensuring each step aligns with the overarching vision. A key focus of our strategy is to optimize the capital stack, considering potential public-private partnerships and leveraging all available public incentives. Our efforts include identifying and collaborating with suitable co-development partners, fine-tuning the capital structure for maximum efficiency and impact. Throughout this ongoing project, we are dedicated to securing a balanced mix of debt, equity, as well as public tax credits and incentives, laying a solid foundation for a significant urban transformation.

In this ongoing project, we are closely collaborating with a small operating company specializing in mental health services. Our initial step involved constructing a detailed pro forma business plan, laying the groundwork for strategic growth. We are currently engaged in finalizing the overall business plan, aligning the financial strategy to support this vision. A significant part of our role involves cash management, ensuring financial fluidity and stability as the company scales. Our expertise has been crucial in identifying higher margin client segments, enhancing profitability. Additionally, we are actively involved in structuring Joint Venture (JV) agreements with potential partners, paving the way for collaborative growth. Our efforts extend to evaluating and structuring diverse funding sources, including both debt and equity. This approach is carefully tailored to optimize cash flow, maintain control and ownership, and enhance overall profitability, positioning the company for a robust expansion in the mental health sector.

We are actively involved in the launch of a groundbreaking health tech incubator and accelerator in Chicago. Our engagement began with refining the business model, transforming it into a dynamic pro forma that continuously evolves to attract joint venture partners and strategic equity investors. Our role extends to supporting inquiries from potential investors, providing them with detailed insights and data. An integral part of our strategy includes structuring an affiliated non-profit entity alongside a for-profit early-stage venture capital fund vehicle, enhancing the operation's investment capacity and support mechanisms. Additionally, we are deeply involved in transitioning the pro forma into a fully operational business model, ensuring the smooth running of the company. This holistic approach not only lays a solid foundation for the incubator and accelerator but also positions it as a key player in Chicago's health tech landscape.

Our role with a real estate developer extends from managing their books, including all accounts payable and receivable, to refining their financial operations. We've significantly upgraded their cash management practices, using our proprietary TriBuild platform to optimize cash flow and enhance project reporting. Our work in developing a forward-looking cash flow pro forma has been vital for better liquidity understanding and ensuring efficient vendor payments. We've implemented AIA-style project cost accounting reports, providing a detailed and transparent view of project finances. A key strategic move was splitting the books and bank accounts into two distinct sections: "Projects" and "OpCo." This separation allows for more precise cash planning and a clearer understanding of the true cost of overhead. Our comprehensive approach has not only streamlined financial processes but also facilitated better financial decision-making, enabling the developer to focus on growth and new opportunities.