Distressed M&A Buy-Side and Sell-Side Services

Keen-Summit Capital Partners LLC understands the complexity of distressed merger and acquisition transactions. We have experience quickly identifying and closing deals with strategic and financial buyers.

Capital Raises

Given our deep industry relationships with real estate capital sources, including public and private investment funds, hedge funds, HNW investors, etc., we can quickly access funds for our clients.

Strategic Advisory Services

Keen-Summit Capital Partners LLC can assist you with the following:

  • Portfolio review
  • Understanding current market and liquidation values
  • Understanding real estate footprint and liquidity options
  • Determining strategies for maximizing values and reducing liabilities
  • Implementing restructuring strategies

Examples of Strategic Advisory Projects

Amerco/U-Haul (Bondholders' Committee)

Valued 150 properties in 37 states.

CIBC

As CIBC's financial advisor in the Roche One bankruptcy proceeding, assisted CIBC in successfully challenging a defective disclosure statement and negotiating a resolution and sale of its claim.

Cimms, Inc (Burger King Franchisee)

Valued 204 Burger King restaurants in five states (TX, WA, CA, VA, HI) totaling more than $65,000,000 in value.

Filene's Basement Liquidation Trust

Provided expert witness report and testimony in litigation with former landlord.

Just for Feet

As the Chapter 7 Trustee's real estate consultant, provided real estate valuation and litigation support.

Long John Silver's Restaurants

Valued 367 locations nationwide.

Montgomery Ward

Acted as the real estate advisor to the Montgomery Ward creditors' committee in connection with a $400,000,000 sale of a real estate portfolio.

PNC Business Credit (Cumberland Farms)

Valued 216 Cumberland Farm stores in eight states.

Partner Capital

Valued twelve properties, including residential buildings, restaurants, ranches, and a railhouse in TX, NJ, CA, and NC.

Silverpoint Capital Group

Valued over 170 properties and provided related advisory services.

Corporate Finance & Strategic Advisory Services at Keen-Summit Capital Partners LLC

Examples of Capital Raise

124 W. 42nd Street, NYC

Acted as the exclusive real estate consultant and financial advisor to the 25% owner of this Times Square property; raised $21,000,000 in bridge financing to enable client to bid at referee's auction. Property sold for $24,500,000.

Breuners Home Furnishings/Huffman Koos

Completed sale-leaseback of two NJ retail properties for $17,000,000.

Closter Plaza Shopping Center

Reorganized the Debtor by soliciting, structuring and negotiating a $52 million joint venture with Edens & Avant.

Club at Cordillera

Raised $5.1 million of DIP financing in 2 weeks.

Penn Traffic

Completed sale-leaseback of five distributions centers totaling 1,750,000 sq. ft. for $37,000,000.

Examples of Going Concern Sales

Aziz Convenience Stores LLC

Sold the 28 site convenience store/gas station chain, in Texas for $41.6 million.

Club at Cordillera

Sold The Club At Cordillera, a premier golf club consisting of three 18-hole championship golf courses and related country club facilities in Edwards, Colorado for $14.2 million.

Family Golf Centers

Sold a 34 facility portfolio in 13 states, and sold a 77 facility portfolio at auction, within 3 weeks, for $125,700,000

Food Management Group LLC

(Dunkin Donuts/Baskin Robbins Franchisee) Sold as a package 18 Dunkin Donuts stores and a commissary in Bronx/Westchester, NY for $18,000,000

Independent Day Care Business

Sold Washington, D.C. business (with 26,567 sq. ft. facility on 5.3 acres) for $6,450,000

J. Peterman Company

Sold this retail and catalog business for $10,000,000

Long Island National Golf Club

Sold Long Island National Golf Club, an upscale 18-hole public golf course and clubhouse in Riverhead, New York for $6.0 million.

Project Protein

Sold this food products business, 5 weeks from commencement to a strategic buyer.  Transaction price not disclosed.

The Golf Club at Briar's Creek

Sold The Golf Club at Briar's Creek, an exclusive private golf club on Johns Island, SC consisting of a Rees Jones designed 18 hole golf course, 100 acres of developable land and related country club facilities for $11.3 million.