Westview’s opportunistic investment strategy targets investments arising out of:
- Asset under-performance and/or mismanagement
- Complex situations that create inefficient pricing on otherwise performing assets,
- Liquidity requirements or capital structure issues of existing owners and/or developers,
- Over-levered assets and REO that has been taken over by successor owners (lenders),
- Out of favor assets or non-core corporate owned assets
- Broad financial system dysfunction.
The founders have invested over $6bn+ of equity and $3bn+ of debt acquisitions for workout, restructure or foreclosure. Our team has significant company, asset, equity and loan work out and restructuring expertise (in and out of court and bankruptcy) including litigation, foreclosure, exercise of remedies, DIP financings, liquidations and stalking horse structures.
Investments may be structured as direct equity or participating preferred equity, with assets typically held for 2 to 5 years. We will consider all asset classes.
Investments include:
- Acquiring non- and sub-performing debt
- Acquiring property, broken development and/or land at discounts to historical value and replacement cost.
- Acquiring REO from successor owners (lenders)
- Providing rescue financing, participating preferred equity and/or gap equity.
- Recapitalizing and/or restructuring distressed assets, portfolios, owners, borrowers and lenders