Character Advisory

Valuation Enhancement

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Our advisory services address creative, market based development strategies and structures in a manner that consistently increases real property values 8 to 10 times over purchase price. All market valuations are independently validated through our relationships with HVS, Cushman & Wakefield, PKF, and Sage Group.

Investment Ready Structuring

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Our investment ready structures comprehensively address all development and operating considerations. This includes project programming and design, market positioning, approvals & entitlements, sales pricing and absorption, development yield, and construction costs, while optimizing valuations and addressing risk

Re-structuring, M&A, Divestitures

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Changing market conditions, liquidity considerations, ownership changes, and more, create opportunities for re-structuring, M&A and divestment. Our ability to creatively assess a development, utilizing a variety of financial and legal structures, allows us to unlock significant asset value that may otherwise be latent and constrained..

Representative projects include:

  • An 8 acre waterfront site in Oman valued at $59.6 million "as is" and $181 million "as complete", independently verified by HVS.
  • An ​18.4 acre beachfront site in Brazil (36 room boutique hotel and 30 luxury villas) valued at $56.4 million, independently verified by Cushman & Wakefield.
  • A 75 acre shore-to-shore property in the Bahamas (40 room boutique hotel and 84 luxury villas) valued at $90 million "as is" and $137.8 million "as complete", Independently verified by Sage Group

Our robust financial structuring includes:

  • Development programming and market positioning
  • Comparative and residual value
  • Optimization of capital stack to LTV and LTC
  • Development budgets and construction costs
  • Sales & marketing
  • Development cash flows
  • Legal and accounting
  • Construction contracts and bonds
  • Resort management brands​ together with technical services, pre-opening, and ongoing operations
  • Debt free assets at handover

  Representative projects include:

  • Strategic advisory and growth capital for western Canada's largest small office owner and operator
  • Mezzanine and construction financing for a new destination resort in Brazil
  • Strategic and acquisitions advisory for a Canadian public property company
  • Corporate finance and construction loan for a senior Royal Family member in the Middle East
  • Restructuring of a US family office with significant land holdings in the Caribbean
  • Private placement and rights offering advisory for a Canadian public company