|
Mr.
O’Connell is a twenty-two year veteran of the commercial real estate
industry with extensive experience in the resolution of troubled assets.
As both a California State Court Receiver since 1996 and an expert on
working with troubled assets, Mr. O’Connell focuses on maximizing the
performance of underperforming assets. Wherever prudent and practical, Mr.
O’Connell combines his strategic level expertise with the property
services of Essex Realty Management to provide comprehensive and effective
interim real estate management solutions for owners, lenders and the
courts. Prior to becoming a
Receiver, Mr. O’Connell held senior positions at both Pacific Republic
Capital and at AMRESCO where he was responsible for Acquiring, Managing
and Disposing of over $500 million dollars of sub-performing commercial
real estate debt. Prior to that Mr. O’Connell worked for JCF Partners
where he was responsible for Acquiring, Managing and Disposing of
approximately $400 million dollars of under-performing commercial real
estate debt. Mr. O’Connell also worked as a Loan Officer and then
Portfolio Work-Out Manager for First Nationwide Bank.
Mr. O’Connell graduated Cum Laude from University of
Illinois, with a Bachelors of Science degree in Accounting and also
earned an MBA in Finance, Cum Laude, from the Eller College of Management
at the University of Arizona.
Receivership/Consulting Assignments (Partial List) Self Storage – Los Angeles
(100,000 sq. ft.) Industrial Project – Otay Mesa
(65,000 sq. ft.) Single Family Development –
Indio (11 homes) Multi-Family Project-National
City (12 units) Office – Redondo Beach (45,000
sq. ft.) Hotel – Dana Point (200 rooms) Motel – Anaheim(64 rooms) Condo Conversion – San Diego
(262 units) Condo Conversion – Orange (64
units) Note Purchase/Asset Management
(Partial List) RTC N-2 - $300 Million – JCF
Partners RTC S-2 - $55 Million – JCF
Partners Sumitomo Bank - $300 Million –
CSFB-AMRESCO Norwest Bank - $25 Million -
AMRESCO Korea First Bank - $42 Million
- AMRESCO
|
