Newport Advisors LLC completed a multi-year engagement for a prominent international investor to provide advisory services on a five million square foot industrial portfolio with property holdings in nine metropolitan areas in the United States. The properties were held in a joint venture managed by a publicly held real estate investment trust. Services provided included review, analysis, and approval of all major venture decisions (e.g. refinancing and dispositions) as well as on-going oversight of operating partner activties (annual operating budgets, hold-sell analyses, and lease approvals).
Newport Advisors LLC was retained by a highly respected development, investment, and management firm located in suburban Chicago to provide advisory services with regard to the client’s private equity business. Newport Advisors assisted with the design, structure, marketing, and administration of the firm’s real estate private equity funds. The client was in the process of launching its fifth discretionary fund that targeted commercial property investments focusing on multi-family, retail, and office assets in major U.S. metropolitan areas.