Managed the restructuring of the Lehman Lehman Brothers Holdings, Inc. bankruptcy estate, the operation and disposition of the hospitality portfolio as part of a real estate portfolio totaling $35 billion.

Real Estate Portfolio | Global

Engaged as Chief Restructuring Officer and Asset Manager by a large, international financial institution in connection with its equity and debt positions of a master-planned resort community.

Mixed-Use Resort – Lodging, Golf Course, Single-Family Residential | Loreto, Mexico

Developed individual and portfolio strategies for the rehabilitation or disposition of a large portfolio of classified loans and REO positions of a multi-national real estate portfolio, with significant hospitality assets in Eastern Europe.

Real Estate Portfolio | Eastern Europe

Engaged on behalf of a private equity firm in connection with its ownership interest in the 4,000-acre Canyons Resort. Ankura professionals were responsible for overseeing hotel operations and condo unit sales and related capital expenditure requirements.

Luxury Ski Resort, Hotel-Condominium, Golf Course and Multi-Family Component | Park City, Utah

Worked with large bank as an expert financial and hospitality advisor, in connection with their debt position on a full-service, branded hotel in New York City. Have assisted with loan restructuring negotiations with borrower and developed a takeover plan in the event an agreement with the borrower is not obtained.

Upscale Full-Service Hotel | Manhattan, New York

Provided creditor advisory services to three major financial institutions in connection with its debt position in a 3,700-acre private residential community located in the US. This community included 850 luxury residential units, consisting of 370 estate lots, 480 condo/town home units, an 18-hole golf course, a 32,000 SF club house, and private ski lifts.

The assignment was to analyze certain historical and projected financial information and various financial business plans, operating and other data to review and assess estimated cash flows and proposed exit strategy alternatives.

Mixed-Use Ski Resort | Big Sky, Montana

Served as advisor to the legal counsel, on behalf and for the benefit of, a lender to review, report and provide recommendations with respect to the business, assets, affairs and operations of the borrowers and the borrowers’ outstanding indebtedness to the lender.

A 1,000-acre resort development plan including two hotels and a casino, totaling 1,244 rooms and 30,000 square feet of gaming space located in Providence Island in the Bahamas.

Future development plans included a 467-acre master planned resort to include four additional hotels comprising 3,618 rooms, the Caribbean’s largest casino, in addition to retail and timeshare components with an estimated total investment of $3.6 billion.

Resort Development, Two Hotels and Casino | Nassau, Bahamas