When a large regional bank acquired another smaller bank, senior management sought to dispose of the smaller bank’s non-performing real estate assets. Rather than create a public market for the sale, the bank chose to work with private partners and investors.
SDG worked with the acquiring bank and its other advisors to evaluate and structure a liquidating partnership to purchase and securitize the distressed real estate assets. The partnership was successfully established and went on to meet or exceed its workout and financial objectives.
Meanwhile, once free from a major management burden, the bank could more quickly pursue growth opportunities.