Third Wave Partners focuses on acquiring "below the radar" and "off market" distressed opportunities, forming joint ventures with distressed borrowers and owners, and providing comprehensive value added workout advisory services to borrowers, owners, investors, and lenders in distressed situations. Third Wave's principals and strategic relationships bring a unique set of experience, skills, and relationships that includes an extensive track record of success in nearly every segment of the real estate industry, including: private lending, banking, ownership, equity investing, mezzanine finance, structured finance, construction, turnaround, restructuring, environmental issues, partnership disputes, borrower and lender legal representation, litigation, receiverships, foreclosure, and bankruptcy. Our objective is to seek friendly principal transactions and facilitate mutually beneficial resolutions to the conflicts that naturally arise from distressed situations.
Third Wave's founding principals have over 200 years of real estate and finance experience and have completed and managed over $25 Billion in transactions. Their experience includes extensive origination and management of joint ventures, property acquisitions, senior bridge, term, and construction loans, mezzanine loans, participating debt, convertible financing, preferred equity, structured finance, distressed and performing loan purchases, asset and corporate workouts and restructurings, and corporate finance for real estate and related companies (see Management section).
Third Wave's founders have been principals and held senior executive positions at institutional lenders, borrowers, developers, construction companies, investment managers, institutions, and joint venture partners throughout their careers. Their diverse backgrounds, expertise, management capabilities, and experience are unique as compared with the typical real estate investment and advisory firm.
Third Wave does not shy away from challenges, but rather embraces them as opportunities. With their track record of success through several real estate cycles over three decades, and the ability to leverage their extensive relationships in the real estate and capital markets, Third Wave's principals can provide innovative solutions to problems that deter others. Third Wave's management sees beyond the horizon and identifies superior opportunities as well as hidden risks that others fail to recognize.