Commercial Distressed Real Estate CMBS, Notes, Bulk, Auctions, Debt Restructure
Robert Kline of RW Kline Companies
Many of you may not know that I run a large Commercial Real Estate site where we often do interviews with Financial Experts and Leaders in the Industry. I will be posting several here that I believe are interesting to a wider community. Hope you like them.
We interviewed Mr. Kline at the 2011 GreenPearl Distressed Real Estate Event held in Los Angeles. For more event information go to www.GreenPearlEvents.com.
Mr. Kline is a savvy, experienced executive with over 30 years of successful leadership in the commercial and residential real estate industries. Mr. Kline’s firm specializes in CMBS and Commercial loan modifications, note sales, restructuring, commercial brokerage and mergers and acquisitions.
R.W. Kline Companies also specializes in assisting lenders in the disposition process.
Mr. Kline is a seasoned workout specialist with personal experience in the real estate industry. As a former Senior Vice President for Pulte Homes and the Communities of Del Webb, he ran the nation’s largest land operation and division within Pulte, delivering more than 5,500 lots a year with over a billion dollar balance sheet and budget. His responsibilities included leading the national land team and council with over seven billion in land, acquisitions, entitlements, land development, strategic positioning, trade partnering, and short and long-term strategic direction. Prior to his leadership role at Pulte, Mr. Kline founded and owned seven separate companies throughout his career, including a residential/commercial restructuring, advisory, development company and a marine construction/dredging company.
His well-rounded experience has provided him with a thorough understanding of financial and operational controls. He works alongside company management to develop a workout plan that makes sense and is able to be executed. His goal is to provide expert assessment, evaluations and real estate asset management to those who may be especially hard hit by pending or likely commercial foreclosures.
Over the past 32 months, Mr. Kline has facilitated more than 290 note sales, crafted large merger and acquisition plans and quadrupled the size of companies. His niche is working with clients, lenders and servicers to restructure both CMBS and conventional loans for companies with hospitality, gaming, retail, master planned, multi-family, mixed-use, industrial or office properties. Due to his expertise and relationships with numerous lenders,
he has successfully negotiated write-downs that are approximately 15 to 20 percent more favorable than a company that negotiates on its own behalf. Additionally, he has worked with private or court-ordered asset solutions, receivership and workouts on behalf of more than 175 lenders and CMBS servicers.
R.W. Kline Companies’ team is comprised of former national lenders, former RTC agents, FDIC contractors and former CMBS servicers. R.W. Kline Companies also provides full service disposition solutions to lender clients across the country. Mr. Kline is a frequent guest speaker within the commercial real estate and financial industries and is a member of numerous professional organizations, including:
Urban Land Institute (ULI), Lodging and Hospitality Conferences (IHC, ALIS, NYU), IMN Debt, Distress Property and Lender Conferences (IMN),International Council for Shopping Centers (ICSC), Turnaround Management Association (TMA), Home Builders Association of Central Arizona (HBACA), National Association of Home Builders (NAHB), American Bankers Association (ABA), Florida Bankers Association and the California Bankers Association.
Mr. Kline serves on the Urban Land Institute (ULI) Board of Directors and well as the Community Development Council (CDC).
About RW Kline
R.W. Kline Companies is in most major and secondary markets throughout the country which enables us to service our clients with all of their real estate needs. Our experienced teams work together with all levels of management to recognize your needs, establish an all encompassing turnaround solution while preserving long-term relationships.
We are a real estate capital management company with professionals that offer a broad range of services that
- CMBS and Commercial Loan Workout Specialists
- Capital Debt and Equity Platforms
- Note Sales Intermediaries
- Restructuring and Redevelopment of Distressed Projects
- Commercial Brokers
- Land Development and Management Experts
- FDIC Portfolio Transactions
- Loan Syndications
- Distressed Debt Acquisitions