Our team has developed an in-depth understanding by working with the industry's leading companies in all major markets throughout North America. Read about how we have helped our clients make informed decisions about their investments, learn from in-house research conducted by our team, and get the latest on what is happening at Townhouse Partners.
Established and newer companies both public and private, often seek growth through acquisitions, which are accretive to earnings, reduce costs, strengthen credit, and increase market share. Our client was a major New York based commercial real estate owner, manager, developer, with a portfolio of mostly office and multi-family properties.
Balance sheet versus securitized CMBS lending entails greater risk for banks, which is more pronounced on transitional, or unproven assets with unstabilized cash flows. The risk is compounded with retail assets, given the current retail environment, often referred to as the “retail apocalypse”.
Our clients typically need their projects done yesterday — and often the day before yesterday. At Townhouse, we’re geared for speed, but we’re also committed to helping you find the best solution in any circumstance.
A major Commercial Mortgage Backed Securities player called us in to handle an issue that’s pretty common among banks. They had a lot of underwriters and vendors who were using a lot of different cash flow models.
In this market environment where banks are more concerned than ever about borrowers’ ability to pay their loans back, bondholders want continuous surveillance they can rely on. This was especially true for our client, one of the world’s largest managers of fixed-income funds.
A lot of what we do at Townhouse falls under the category of investigative work. We consider ourselves the CSI of the number crunching world. We relish the hard, detail-oriented work not only because we love a good challenge, but also because we appreciate the significance of what we’re doing.
Over the years, Townhouse has gained a reputation for being the go-to for abstract, and complicated valuations. But this one took the cake. It came from a large American bank with an unusual, no make that a one-of-a-kind, derivative product.
THP performs asset management services for clients originating, and retaining loans secured by multi-family assets in the U.S. As a result, THP sees “real-time” trends in most major markets along with the impact of shifting macroeconomic factors.