Brownstone

Description

Shawn Krantz is a founding partner of Brownstone Capital and has been involved in the commercial real estate industry for 25 years. Brownstone focuses on representing borrowers involved in distressed debt situations, with an emphasis in Commercial Mortgage-Backed Securities (“CMBS”) workouts. Current and recent workout assignments for Brownstone total 43 loans aggregating $898MM. Since its founding in 2000, Brownstone Capital has acquired 11 properties totaling over 730,000 square feet. It sold a majority of its portfolio in 2007-08 allowing it to focus entirely on consulting on debt and equity restructures. Prior to co-founding Brownstone Capital, Mr. Krantz worked for 14 years with Bank of America and Banc of America Securities (predecessor banks). In 1994, he was part of the start-up team within NationsBank (later BOA) originating, structuring and securitizing CMBS. In the early years of CMBS, he managed the CMBS origination team for the Mid-Atlantic and Northeast regions. During the early ‘90s, Mr. Krantz managed a team of debt workout specialists within the bank. His team successfully resolved $450 million of troubled debt (1990 valuations). He has served as a CMBS expert witness for six special servicers in nine different bankruptcies. During the late 1980s, Mr. Krantz was manager of a group originating, underwriting, closing and syndicating real estate acquisition and construction loans for both commercial and residential properties. Mr. Krantz also teaches at Johns Hopkins University’s Real Estate Institute. Since 1994, Mr. Krantz has been a practitioner faculty member in the M.S. in Real Estate program. His graduate-level courses are Real Estate Finance and Real Estate Investment. Mr. Krantz has a B.A. in Economics and Political Science and an M.B.A. with a concentration in Finance. Kenneth J. Cusick is a seasoned real estate and banking professional with 25 years of experience ranging from distressed asset management and mortgage lending to real estate market research and land development. Mr. Cusick has worked out or restructured over $400 million of commercial mortgage debt and has underwritten well over $2 billion. He has managed underwriting departments for two major lenders and acquired non-performing debt and equity real estate. His diverse background covers most commercial real estate disciplines including loan underwriting, originations, sales, acquisitions, development, law, leasing and property management. Mr. Cusick holds a master’s degree in Management with a concentration in Finance, a bachelor’s degree in business with a concentration in Accounting and a bachelor’s degree in economics. David A. Sislen serves as co-Managing Director of The Faragut Group. He has been actively involved in the real estate industry for more than 25 years. For the past 19 years he has been the President and Managing Director of Bristol Capital Corporation. Bristol Capital has acquired, owns and manages over 1,000,000 square feet of commercial real estate in the Washington, D.C. area. Prior to founding Bristol Capital, Mr.

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