Ajax Advisors, LLC is our real estate advisory and structured finance group that specializes in sourcing debt, mezzanine and equity capital to institutional and entrepreneurial real estate companies and provides restructuring advisory services to both lenders and owners. The team’s broad experience in commercial real estate lending as well as principal investment has provided Ajax with unique access to real estate professionals and a strong understanding of the needs and objectives of our clients.
Ajax offers a unique and thoughtful approach to both the debt and equity marketplaces. Our goals include cost effective execution of assignments, delivery of the optimal capital structure, and minimizing the likelihood of renegotiation. We save our clients money by drawing on our in-depth knowledge and experience, as well as our extensive industry contacts. We benefit the capital sources and reduce negotiation by providing efficient and reliable information on each property combined with a first-hand understanding of the requirements to close transactions from a capital source’s perspective.
Workouts and Restructuring
In our capacity as lenders and advisors, the professionals at Ajax have had extensive experience in restructuring and disposing of debt and equity positions collateralized by non-performing real estate. In past and current positions we have been responsible for liquidating and restructuring over $2 billion of distressed real estate loans. As former bankers, we have a strong understanding of lender practices and priorities. By combining financial advisory services with a broad range of asset management and development management capabilities, Ajax is uniquely positioned to offer comprehensive distressed asset management solutions to both lenders and owners.
Underwriting and Due-diligence
Ajax and its affiliates have provided hands-on real estate research and analysis services to a variety of prominent lending institutions, including Starwood Property Trust, Greenwich Capital, Wachovia Securities, JP Morgan Chase, Countrywide Real Estate Finance and Societe General.