| The continued downturn in real estate values coupled with the constrained lending environment, has changed the nature of real estate investment banking. Over the past 12 months, David B. Norton Inc. has been providing consulting services to assist, owners, developers, investors, and lenders in their efforts to address the rapidly changing real estate market and illiquid credit providers. David B. Norton Inc. has been retained as a consultant to provide analysis and recommendations to their clients in a variety of assignments including:
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Extension and repositioning of existing loans including renewal of interest reserves.
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Negotiation for the acquisition of lenders discounted note positions and/or short payoffs.
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Additional equity placement into distressed assets.
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Work-out of personal and corporate guarantees on distressed properties with existing loans.
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Identify and negotiating the purchase of non-performing assets.
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Create new business plans to for existing and new proposed debt and equity sources.
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Examples of projects and properties which David B. Norton Inc has been recently engaged include:
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30 unit, to-be-built luxury apartment complex in Sherman Oaks, California
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A luxury 140 unit apartment townhome complex in Henderson, Nevada
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Land development for 18 single family homes in Sunland, California
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110 Room extended stay hotel in Los Alamos New Mexico
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A luxury 30 resort home development in Sun Valley, Idaho
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A development of 10 existing single family homes in Corona, California
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400,000 square foot retail center in Miami, Florida
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30 unit condominium conversion in North Hollywood, California
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400 unit RV and boat storage facility in Perris, California
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50 unit apartment complex nearing completion in Sherman Oaks California
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140,000 square foot office building in Hollywood, Florida
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Final phases of a luxury golf resort in Bend, Oregon
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84 unit extended stay branded hotel in San Diego, California
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Land development for 160 single family homes in Hemet, California
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Land development for an entitled senior facility in Van Nuys, California
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Land development for a 100,000 square foot conference and mixed use commercial development in National City, California
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Final phase of a 120,000 square foot multi-tenant industrial building in Perris, California
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150 unit apartment complex in Moreno Valley, California
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Land development of a twin 17 story tower for hotel and residences in Tempe, Arizona
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3,000 acre land development in Carpinteria, California
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400,000 square foot enclosed shopping mall in Holland, Michigan
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10 luxury residential condominium units operating in a residence club in Telluride, Colorado
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250,000 square foot retail center in Fort Lauderdale, Florida
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