Tenant-In-Common Damages Expert
A tenant-in-common damages expert was needed for a commercial real estate dispute involving claims of negligent misrepresentation in connection with a real property investment vehicle facing bankruptcy. Investors claimed that they were misled by improper actions on the part of a commercial real estate investment management firm, causing significant monetary losses when the property was sold in foreclosure.
IMS ExpertServices was asked to locate a tenant-in-common damages expert with expertise in tenant-in-common financial investment models and performing related damages analysis. This expert was requested to have a strong background in commercial real estate and finance, and have familiarity with tenant-in-common investment models in relation to the collapse of the real estate market during the mid-2000’s.
With over thirty years of experience in real estate acquisition, financing, management, disposition and brokerage of real estate investment properties, this expert has extensive experience with real property investment vehicles. He currently serves as president and CEO of a firm that advises on 1031 exchange oriented investments, where he has represented individual real estate investors, program sponsors, institutions involved in real estate lending and loans, brokers, and dealers. He has served as an advisor to several top sponsors of tenant-in-common interests as securities. Additionally, he has served as advisor to major national lending institutions and investment groups on the creation of their tenant-in-common lending programs. This expert holds a state’s broker license and Financial Industry Regulatory Authority (FINRA) Series 22 & 63 registrations. IMS Reference #5087718
With more than twenty-five years of experience in the commercial real estate investment industry and real estate financing, this expert is currently senior managing director and founder of his own real estate investment consulting firm. His experience includes overseeing real estate acquisitions, dispositions, and debt refinancing for a major real estate investment group, and he served as a senior director of the equity investing group for a nationally-known real estate capital and finance firm. He has more than fifteen years of experience working within various financial institutions, with focus on real estate acquisitions and investment, financing, and real estate lending divisions. He has had extensive experience organizing, advising, and managing commercial property and tenant-in-common investments, including experience in bankruptcy, distressed debt, and investment review and real estate feasibility analysis. This expert holds a B.S. in marketing and accounting, and is a member of the Urban Land Institute (ULI), the National Multifamily Housing Council (NMHC), and the International Council of Shopping Centers (ICSC). IMS Reference #5087641