“In the early stages of the credit crisis, there was great uncertainty as to how banks were going to respond to clients – both as borrowers and customers.  We engaged Larry to gain his perspective and insight into how best to approach our bank with property updates and loan renewal discussions in the context of the risks and issues the bank was facing.  Larry’s perspective was invaluable in gaining a balanced and well-informed approach that ultimately led to a 3-year loan renewal during the height of the “market meltdown”.
 
        -  Owner / Investor / Developer, 2.5 MM square feet of industrial and office space located in the Midwest

“We had an interest to pursue a sizable asset that we felt was under some stress.  Larry was able to get us in front of the senior lender to gain a better understanding of the situation.  We were then able to develop a much better strategy on how to target that asset or redirect our resources to an alternative target.  That saved us time and money as well as created a solid relationship with a key banker.”

        -  Owner/Investor/Developer-REIT, over 100MM square feet of industrial and office space located across the U.S.

“PPA was engaged to help us when we were organizing our 8-figure CRE equity fund in 2009/2010.  We received excellent advice on specific markets to target…narrowing from 12 down to Dallas, Houston, Denver and Orlando.  Moreover, it was through Larry’s advisory work that we located a stressed shopping center through a major bank, then negotiated directly with that bank and their real estate broker to eventually acquire the asset for about 35% of replacement cost.”

        -  Managing Principal, Commercial Real Estate Private Equity Fund, $20-$50MM in Equity located in the Southern U.S.

“I was not involved in the day-to-day execution of the work produced with PPA and Larry Brewster.  But, I was impressed with the results.  The transaction he surfaced through PPA’s off-market model is our largest to date and he was also able to introduce us to a new local partner in Texas who is part of our team to manage that purchase and locate new ones.”

        -  Managing Principal, Commercial Real Estate Private Equity Fund, $25MM in Equity located in the Southern U.S.

PPA has several clients who will provide a testimony or reference regarding the firm's work, process and results. We are proud of our commitment to serving firms around the nation.

Therefore, if you would like to receive a reference, please contact Larry Brewster. He would be glad to introduce you to someone who would vouch for the firm's performance, integrity and excellent client service.