At the height of the Covid pandemic, the client, a high-end residential developer in the Greater Seattle area, overextended its working capital, leaving 31 high-end residential projects unfinished and facing $250M in creditor claims. To avoid bankruptcy and litigation, the company needed funding to complete projects and a structured asset sale to maximize recovery.

• Financial Assessment & Modeling: Conducted a comprehensive evaluation of all outstanding loans, project costs, and financial valuations across 31 developments.
• Forensic Accounting & Creditor Negotiations: Aggregated financial data to present a structured asset sale plan to over 20 lenders, ensuring transparency and alignment. Became a trusted advisor to creditors, guiding them through the restructuring process.
• Controlled Liquidation & Valuation Strategy: Designed and executed a systematic sale of assets, maximizing creditor recovery while maintaining financial stability.
• Regulatory & Legal Resolution: Successfully addressed concerns raised by the Department of Financial Institutions, resolving all claims related to company management.

• Secured funding to complete all projects
• Executed a controlled liquidation, recovering over $220M for secured creditors and investors
• Resolved all legal and regulatory challenges
• Enabled the principal to start a new, profitable construction business