DISTRESSED PROPERTY SERVICES

McMahon Development Group (MDG) is a full service real estate development company, having established capabilities in project development, construction management, and financing. Over the past 30 years, we have specialized in all aspects of asset management and consulting, as well as development and construction services for new land developments, and nearly every project type across the spectrum of residential and commercial real estate. In addition, we are diversified geographically, having developed projects in over 30 states.

MDG has created the Distressed Asset Group to focus on developing customized solutions that address the specific needs of financial institutions and owners. In the current challenging economic environment, the MDG Distressed Asset Group acts as a committed partner with the ability to not only advise clients on resolving difficult real estate transactions, but to become the development partner in effecting successful solutions to complex distressed projects. In order to accomplish this on a comprehensive basis, MDG brings an integrated, multi-disciplinary team of seasoned real estate professionals with decades of combined experience in every market sector.

For more information please contact:

Ron McMahon
(858) 350-0200, extension 204
rmcmahon@mdgusa.com

DISTRESSED REAL ESTATE ACQUISITIONS

MDG and its affiliates have been involved in the purchase, preservation, and remarketing of distressed real estate assets during the past two years. While this has been primarily in the area of residential so far in this downturn, we are turning our attention to the commercial market where we believe the opportunities to buy income producing real estate at huge discounts and will provide the best upside potential.

Being a full service real estate and construction management company, MDG has the access to a network of resources throughout the United States to locate, manage, value, and then strategize disposition of commercial development and residential properties including apartment buildings, condos, offices, warehouses, homes and more. We can locate deeply discounted properties and then either consult with our clients on an advisory basis or structure joint ventures with financial partners on strategic and profitable solutions on all asset types.

FINANCIAL INSTITUTION PARTNERING

MDG is leveraging its broad knowledge and expertise as a full service commercial real estate firm in partnering with financial companies in the resolution of their distressed assets and REO. There aremany firms now offering asset management and consulting services to lenders. While we are entirely capable in this approach, MDG offers the unique benefit of bringing the financial capability to complete broken construction projects and bring them to market within more of a partnership or joint venture approach. While providing all the resources necessary to complete a stalled or broken construction project, this approach often stands the best possible chance to maximize the asset value to the lender. After fully analyzing the lender’s objectives and creatively tailoring efficient solutions, MDG Distressed Asset Group will focus on the ultimate goal of mitigating risk factors, preserving value, and maximizing returns for all parties.

Distressed Asset Services

Investment/Development Ground up development Value-added redevelopment strategies Cost to complete and comprehensive value analysis for broken projects In-house project management and design expertise Financial Services Financial analysis and evaluation services Strategic financing solutions for complex projects Secure capital funding for debt and equity Develop recapitalization solutions Loan restructuring and negotiation

Leasing Market research and feasibility Development of leasing strategy Landlord representation Manage effective property marketing Lease negotiation and execution Property Sales Market research and analysis Value analysis Acquisitions and disposition transaction management Analyze sale vs. hold strategies Relationships with institutional and private investors