A. H. “Gus” Adams, III
Partner

Gus Adams has over thirty years experience involving virtually all project types. Gus began his career as a producer and underwriter of commercial permanent loans with the exclusive correspondent to the Metropolitan Life, in Florida, then as a senior officer and Trustee of Guardian Mortgage Investors (GMI), then chief executive officer of The Florida Companies (GMI’s successor) and later a senior officer and Director of Fairfield Communities. More recently Gus has provided real estate advisory and transaction services to a broad spectrum of developers, investors and financial institutions.

Gus was the seller’s exclusive advisor in the sale of Suntree, a 3,000 acre residential development located in Melbourne, Florida. The transaction included the 36 hole Suntree Country Club and all of the remaining residential land. The initial 18 holes and second 18 holes was designed by Robert Trent Jones and Arnold Palmer respectively. The Jones course was the second venue for the PGA Senior Tour. Also, for the same seller, Gus was responsible for the disposition of the 18 hole Lacuna Golf Club located in Lake Worth, Florida. From mid-1992 to the fall of 1996, Gus was a key participant in the $5.6 billion financial restructuring of Olympia & York Development, Ltd’s. U. S. assets. This was one of the largest debt restructurings of a real estate organization in history. The restructuring reorganized 128 entities with a negative worth of approximately $1.5 billion to create approximately $600 million in positive equity. In the process, the interest of many dozens of creditors and partners, most with hundreds of millions of dollars at stake were addressed and accommodations reached which allowed the plan to come to fruition.

For additional information on Gus’ background please refer to Selective Assignments and Transactions. Detailed biographical information available upon request.



Charles R. “Chuck” Perry
Partner

Chuck Perry has been involved in the analysis, financing and sale of numerous mixed-use residential, commercial, resort and golf related projects over the last fourteen years. Chuck has acted as principal, advisor and intermediary in a variety of real estate transactions since 1980. After graduating from Duke University Law School, Chuck practiced law for several years with a downtown Atlanta law firm before he was hired away by a German client who was syndicating U.S. real estate to European investors. Chuck then became involved full time with commercial real estate, first with a local Atlanta firm, then with Landauer Associates, an international real estate counseling and transaction firm headquartered in New York and London.

In the early to mid nineties, Chuck was the first Outback Steakhouse franchisee in northern California and developed the first four Outbacks ever opened in that State. After selling the stores and his interest in the management company, Chuck returned to the east coast and resumed his real estate career. His most recent endeavor as a principal was as managing development partner and one-third owner of Satellite Place, a 375-acre parcel of land across from Gwinnett Place Mall in northeast Atlanta, Georgia. This property was voted Deal of the Year by the Atlanta Business Chronicle and recognized as the largest commercial real estate land transaction in the history of the State of Georgia. At buildout, Satellite Place will be a billion dollar plus project. The land portion of the project sold out in sixteen months.