Johnson Capital International and Spain's Martinsa-Fadesa S.A. Sign Real Estate Advisory and Disposition Agreement
Online, March 20, 2012 (Newswire.com) - Johnson Capital International and Spain's Martinsa-Fadesa S.A. Sign Real Estate Advisory and Disposition Agreement
MADRID, SPAIN - Johnson Capital International (JCI), the international advisory unit of Irvine, California-based Johnson Capital Group, announced today it has signed a real estate advisory services agreement with Martinsa Fadesa S.A., one of Spain's leading real estate and construction groups, which has recently emerged from voluntary bankruptcy proceedings and reorganization.
Under the terms of the agreement, JCI will evaluate significant portions of assets owned by Martinsa-Fadesa S.A. and advise the company on its strategic options and disposition strategy. JCI will also act as advisor to Martinsa-Fadesa S.A. in negotiations with international private equity funds and other potential acquirers in the sale of the Martinsa-Fadesa S.A. real estate assets located in Spain. Martinsa-Fadesa S.A. remains one the largest real estate and construction entities in Spain, with operations throughout Europe and controlling several billion Euros of assets.
"The new agreement with Martinsa-Fadesa will allow the company access to Johnson Capital's extensive global network of opportunistic buyers who increasingly recognize that an inflection point has been reached in the distressed Spanish real estate and banking arena," said Ronald Lafever, JCI's Senior Managing Director and President of JCI Europe. "Executable opportunities in markets like Spain, where there is solid infrastructure and rule of law, as well as the political will to move from a distressed economy to a thriving one, are becoming increasingly achievable."
"Martinsa-Fadesa S.A. is one of the most important companies in the Spanish real estate industry and Johnson Capital and its local partners in Spain are dedicated to helping management achieve their financial and operating goals" said Guy Johnson, Chairman and CEO of Johnson Capital Group, Inc. "This advisory mandate underscores Johnson Capital's commitment to building a long-term franchise in key distressed markets worldwide."
About Johnson Capital:
Celebrating its 25th anniversary as a leader in commercial real estate investment banking, Johnson Capital's services include debt placement and acquisition financing for permanent loans, construction financing and property repositioning, in addition to joint venture equity placement for individual assets, portfolios, entities and discretionary funds. The firm is a leading national commercial real estate capital intermediary with direct lender relationships through Fannie Mae, Freddie Mac, HUD and many insurance companies.
Johnson Capital's transactions have ranged in total funding from $1 million to over $300 million and have financed all property types, including: multifamily, office, retail, industrial and hotels. Since its inception in 1987, Johnson Capital's aggregate transaction volume has surpassed $32 billion. Headquartered in Irvine, CA, Johnson Capital is one of the country's top real estate capital advisory firms with 19 locations nationwide.