In late 2019 we acquired a mortgage loan in default from a top 25 bank, the note was secured by a vacant retail property in prime Burlington, NJ.

While heading up development for Churchill Real Estate Holdings, I oversaw the completion, financing, and restructuring of this office tower with ground floor retail in a prime Penn Plaza location.

This property was acquired during my time as Head of Development at Churchill Real Estate Holdings, the borrower was unable to service their debt and that resulted in a forfeiture of the property.