Pine Street Partners

COMPANY OVERVIEW

Pine Street, a real estate advisory and transaction services firm, is lead by Gus Adams and Chuck Perry, two partners with a combined fifty years plus experience involving virtually all property types, but with a current focus on the sale, capitalization and recapitalization of upscale residential and resort community developments. We serve only a small number of clients at any one time. Having focused on these areas of real estate development business for over twenty years, we also have access to a network of specialist on other disciplines such as land planning, operations management, golf course design, clubhouse and residential architecture, marketing, legal and finance.

Pine Street's Area of Expertise

As stated above, even though the principals of Pine Street have been involved in a variety of capacities with virtually every real estate property type, we now focus our expertise and energy in six specific real estate sectors:

Highlights of Pine Street's Recent Activities

Pine Street represented Lehman Brothers, Inc. in the $25.0 million sale of the 6,000 acre Spring Valley Ranch in Glenwood Springs, Colorado.
As representative of the seller Pine Street facilitated the $80.0 million recapitalization of Spanish Oaks, an upscale residential community located in Austin, Texas.
Pine Street represented the purchaser in a 1031 Tax Exchange transaction involving three industrial properties located in Jacksonville, Florida. The aggregate amount of the sales was $12.5 million.
The firm was retained by the land owner, as their exclusive real estate advisor, to market the 880 acre Amelia National Golf Club located in Nassau County Florida, just north of Jacksonville.
Pine Street was retained by the developer to sell their remaining interest in Carriage Park, a 380 acre pre-retirement community located north of historic downtown Hendersonville, North Carolina.



		*COMPANY OVERVIEW* Pine Street, a real estate advisory and transaction services firm, is lead by Gus Adams and Chuck Perry, two partners with a combined fifty years plus experience involving virtually all property types, but with a current focus on the sale, capitalization and recapitalization of upscale residential and resort community developments. We serve only a small number of clients at any one time. Having focused on these areas of real estate development business for over twenty years, we also have access to a network of specialist on other disciplines such as land planning, operations management, golf course design, clubhouse and residential architecture, marketing, legal and finance. Pine Street's Area of Expertise As stated above, even though the principals of Pine Street have been involved in a variety of capacities with virtually every real estate property type, we now focus our expertise and energy in six specific real estate sectors: Upscale residential and resort community developments Recreational and second home developments with hotel, commercial or retail elements augmented by golf, marina, swim/tennis, spa, skiing, and other related amenities. Mixed-use developments where elements include residential, hotel, office, industrial, or retail components. Landowner representation on land planning, zoning, entitlements, and pre-developments activities. Pine Street becomes the surrogate developer for the landowner. Purchaser representation on complex 1031 tax exchanges. The firm maintains its skill sets in the financial restructuring of real estate operating companies and multiple property portfolios. Pine Street was a key player in the $5.6 billion financial restructuring of Olympia & York Companies, (U.S.A.) as they successfully emerged from bankruptcy, the largest such real estate restructuring in history. Highlights of Pine Street's Recent Activities Pine Street represented Lehman Brothers, Inc. in the $25.0 million sale of the 6,000 acre Spring Valley Ranch in Glenwood Springs, Colorado. As representative of the seller Pine Street facilitated the $80.0 million recapitalization of Spanish Oaks, an upscale residential community located in Austin, Texas. Pine Street represented the purchaser in a 1031 Tax Exchange transaction involving three industrial properties located in Jacksonville, Florida. The aggregate amount of the sales was $12.5 million. The firm was retained by the land owner, as their exclusive real estate advisor, to market the 880 acre Amelia National Golf Club located in Nassau County Florida, just north of Jacksonville. Pine Street was retained by the developer to sell their remaining interest in Carriage Park, a 380 acre pre-retirement community located north of historic downtown Hendersonville, North Carolina.