The commercial real estate industry is facing significant headwinds as a result of increased vacancies, negative absorption, declining rental rates, excess supply, and high leverage in both the commercial loan and commercial mortgage-backed securities markets. In retail, the rise of e-commerce is dampening demand for brick-and-mortar stores and growing takeout and delivery trends are changing spatial requirements for many retailers, restauranteurs, and other businesses. As remote work continues to go mainstream, both urban and suburban office markets are struggling to compete. Industry players must adapt to these rapidly shifting dynamics or risk getting left behind.
With our successful track record of maximizing real estate value both inside and outside of legal proceedings, our industry professionals have a wealth of experience repositioning distressed real estate and serving as court-appointed receivers. We also excel at helping healthy companies take advantage of market opportunities through optimizing performance improvement and transaction strategies. We assist clients by maximizing value and selling, acquiring, or repositioning assets for both short- and long-term growth.
A mattress and furniture retailer faced a confluence of headwinds when it engaged in an aggressive expansion initiative and shifted to single-sourced products.
Following over-expansion and poor franchisee site selection, a national restaurant operator and franchisor began experiencing a decline in profitability.