BGL Real Estate Advisors Completes Financing for a Leading Real Estate Investment Firm

3d real estate partners 2012

BGL Real Estate Advisors LLC (BGL) is pleased to announce the successful completion of a restructuring and recapitalization transaction for The Cascades of Brimfield, a large mixed-use development owned by 3D Real Estate Partners, Ltd.

3D Real Estate Partners, Ltd. (3D) is a fully-integrated real estate investment firm based in Cleveland, Ohio. 3D employs a conservative and methodical approach to the real estate investment business. The firm currently owns, develops, and manages approximately 3.6 million square feet of office, industrial, retail, and multi-family property throughout Ohio, Pennsylvania, and Georgia. Companies such as Wal-Mart, Lowe’s, Kohl’s, Regis Corporation, TJX Companies, and Atlantic Trust rely on the family of 3D companies. The Cascades of Brimfield is a 113-acre retail and multi-family development located in Portage County, Ohio, and is anchored by Wal-Mart, Kohl’s, and Lowe’s.

BGL advised 3D on the restructuring of an outstanding senior mortgage loan and the recapitalization of the firm’s site-specific operating and development subsidiaries. BGL was able to secure favorable terms on the restructured senior debt, as well as a significant infusion of new equity capital from a private equity investor, which will enable 3D to further position the development as the leading retail destination in the market.

Paul DiGiorgio, president at 3D Real Estate Partners, Ltd. commented, “BGL was very effective in identifying a capital source in these very challenging times. We have now aligned ourselves with a strategic partner that will enable us to accomplish our goals and this new financing source allows us future sustainability for our project.”

Nico Bolzan, director at BGL said, “While this advisory assignment brought its share of challenges, particularly given market timing for a retail development during such a difficult economic climate, we were able to leverage our access to a full spectrum of capital sources to structure a financing solution that provides the patient capital required to allow the project sufficient time for completion.”

About Brown Gibbons Lang & Company (BGL)

BGL is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, financial restructurings, and valuations & financial opinions. BGL is the lead U.S. shareholder in Global M&A, the world’s leading partnership of independent middle market financial advisory firms focusing on cross-border transactions. For more information, visit www.bglco.com.

About BGL Real Estate Advisors

BGL Real Estate Advisors provides comprehensive real estate investment banking services to the middle market, which includes real estate advisory, debt and equity placements, financial restructuring, and asset acquisition and disposition. BGL’s services cover the full spectrum of asset classes, including multi-family, student housing, hospitality/leisure, office, retail, industrial, and senior and assisted living properties.

Brown Gibbons Lang & Company Launches Real Estate Investment Banking Practice; Taps Seasoned Industry Banker to Lead Effort

Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, announced today that it has formed BGL Real Estate Advisors. BGL Real Estate Advisors will be headed by seasoned industry banker, Nico Bolzan, and will operate as an independent but affiliated division of Brown Gibbons Lang & Company. BGL Real Estate Advisors will provide comprehensive real estate investment banking services to the middle market which will include real estate advisory, debt and equity placements, financial restructuring, and asset acquisition and disposition.

Nico Bolzan brings ten years of experience in real estate investment banking to BGL and will be charged with building out the BGL Real Estate Advisors team. BGL has a long history of completed corporate financial transactions in the real estate service sector but has not operated across the full spectrum of real estate investment banking services. “With BGL’s global reach through its Global M&A partnership, we believe we can bring resources to American clients that have been in short supply of late in the U.S. Capital Market,” said Michael Gibbons, senior managing director and principal of BGL.

“BGL’s deep corporate finance, capital raising and restructuring expertise will be readily available to our real estate advisory team. This experience will provide a base for serving developers, owners and real estate enterprises of all types in this changing and difficult U.S. real estate market,” said Nico Bolzan. Our services will cover the full spectrum of asset classes, including multifamily, student housing, hospitality/leisure, office, retail, industrial, and senior and assisted living properties.

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the United States and internationally. BGL’s professionals are active across a number of industry sectors, delivering high-quality mergers & acquisitions advisory services, debt & equity placements, valuations and fairness opinions, and financial restructurings. BGL is the lead U.S. shareholder in Global M&A, the world’s leading partnership of top-tier independent financial advisory firms focusing on mid-market cross-border transactions. For more information, please visit www.bglco.com.

About Global M&A

Global M&A is the world’s leading partnership of top-tier independent financial advisory firms focusing on mid-market cross-border transactions with values between $25 and $500 million. The Global M&A partnership consists of 40 members in financial centers spanning the globe. Members have completed more than 1,500 transactions with an aggregate deal value exceeding $20 billion since 2000.

Brown Gibbons Lang & Company Formalizes Healthcare Practice, Appoints Veteran Investment Banker to Lead Effort

Brown Gibbons Lang & Company, a leading middle market investment bank, announced today that it has formalized a dedicated practice focused on the healthcare industry. To lead this effort, the firm has appointed a veteran investment banker, who will build upon BGL’s historical activity in healthcare. The addition of a senior healthcare banker and a dedicated focus will enable BGL to provide informed, experienced healthcare advisory and capital markets services to clients in the U.S. and globally through its Global M&A partnership.

John C. Riddle joins BGL as a managing director and principal, and head of the firm’s healthcare practice. Riddle is a seasoned investment banker with twenty years of investment banking and capital markets experience, advising healthcare clients across a broad spectrum of mergers and acquisitions, capital markets activities, and strategic advisory assignments.

“Brown Gibbons Lang & Company focuses on providing unbiased, creative, value-added advice and services to clients across a broad spectrum of industries where we have deep experience and expertise,” said Michael Gibbons, senior managing director of BGL. “Now is the right time for us to expand our effort in healthcare. The healthcare industry is undergoing significant regulatory and secular changes, which we believe will drive significant strategic transaction volume, increased capital requirements, and expanded investor appetite.”

Current industry trends, including new business models emerging from the recent health reform, strategic alignment and realignment among the provider market, ongoing technology innovation and consolidation in life sciences, and a shifting IT and outsourced services market, will drive M&A and capital requirements in healthcare. BGL’s healthcare practice will maintain a primary focus in provider services, diagnostics, managed care services, health and wellness, pharmaceutical services, and niche outsourcing strategies.

“John brings extensive industry expertise, contacts, and perspective in healthcare,” said John Tilson, managing director. “Importantly, too, John is a thoughtful, competitive, and creative banker who is a good fit with our culture. He shares our philosophy of providing senior level attention to each engagement and a focus on achieving exceptional results for our clients.”

Riddle brings a wealth of experience and a strong track record of leading and growing successful healthcare practices. Prior to joining BGL, Riddle was a managing director in the healthcare group and led the healthcare services effort at GCA Savvian Advisors. Before that, Riddle established and led the healthcare practice at Dresner Partners, with a broad focus in healthcare services, outsourcing, and diagnostics. He also was the Director of Corporate Development at Teliconics, Inc., a medical device company, in addition to working in the leveraged finance group of Continental Bank, prior to its acquisition by Bank of America.

“Healthcare is a very large and diverse industry, comprised primarily of middle market companies with increasingly sophisticated advisory and capital markets requirements,” said Riddle. “BGL’s middle market focus and global reach, along with its experienced team and culture of excellence, provides a strong platform from which to expand our healthcare business.”

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the United States and internationally. BGL’s professionals are active across a number of industry sectors, delivering high-quality mergers & acquisitions advisory services, debt & equity placements, valuations and fairness opinions, and financial restructurings. BGL is the lead U.S. shareholder in Global M&A, the world’s leading partnership of top-tier independent financial advisory firms focusing on mid-market cross-border transactions. For more information, please visit www.bglco.com.

About Global M&A

Global M&A is the world’s leading partnership of top-tier independent financial advisory firms focusing on mid-market cross-border transactions with values between $25 and $500 million. The Global M&A partnership consists of 40 members in financial centers spanning the globe. Members have completed more than 1,500 transactions with an aggregate deal value exceeding $20 billion since 2000. Global M&A was named 2005 Investment Bank of the Year by The M&A Advisor, a leading publication dedicated to middle market mergers.

BGL Welcomes Seven New Bankers and Announces its 2008 On-Campus Recruiting Schedule

Brown Gibbons Lang & Company, a leading middle market investment bank, announced today the addition of seven talented professionals to its investment banking team.

Joining the Cleveland office are Jacob S. Vogel and William L. Rottschaefer as associates and Connor J. Mitchell and Tanay Parekh as analysts. Vogel joins BGL from private equity firm New Trier Partners where he served as an associate. Rottschaefer was previously a financial analyst with Johnson & Johnson and a senior consultant at Deloitte Consulting. Both Vogel and Rottschaefer are recent graduates from the University of Chicago Graduate School of Business.  Mitchell graduated with a B.A. from the Richard T. Farmer School of Business at Miami University. Parekh is a recent graduate of Northeastern University with a B.S. from the College of Business Administration.

Joining the Chicago office are Andrew C. Kelly, Paul C. Langley and Andrew S. Suen as analysts.  Kelly recently graduated with a B.A. from the Mendoza College of Business at the University of Notre Dame. Langley graduated with a B.A. from the Olin Business School at Washington University. Suen earned his B.S. from Indiana University’s Kelley School of Business.

“We have now demonstrated five years of consistent success with our on-campus recruiting program. The talented individuals we have been able to attract to BGL through this effort are essential to maintaining our growth, global capabilities and the high level of service our clients expect,” stated Michael E. Gibbons, senior managing director & principal at BGL.

In September and October, BGL will conduct on-campus interviews at Indiana University, Miami University, Northwestern University, Ohio State University, University of Illinois, University of Michigan, University of Notre Dame, Washington University and University of Virginia. To view a list of the 2008 On-Campus recruiting calendar, please visit www.bglco.com/careers/careers.asp?page=On+Campus+Recruiting”>www.bglco.com/careers<a>.

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, and financial restructurings. BGL is the U.S. partner in Global M&A, the world’s leading partnership of independent middle market financial advisory firms focusing on cross-border transactions. www.bglco.com

Global M&A Adds Three New Partners; Austrian partner expands coverage to South East Europe

Brown Gibbons Lang & Company, United States partner of Global M&A, is pleased to announce the addition of three new partners to Global M&A from Belarus, Central America and Chile. CD Invest Consult, Global M&A Austria, will expand its coverage to include South East Europe with offices in Ljubljana, Zagreb, and Sarajevo.

“The addition of these three firms combined with extended coverage in South East Europe reinforces the commitment to our clients to offer seamless cross border corporate finance solutions on a truly global platform,” said Michael Gibbons, chairman of Global M&A. “Through our 39 partner firms, we now offer unparalleled global sector expertise across 10 industries.”

The new partner firms are:

UNITER, Belarus

Founded in 1993, UNITER Group reorganized and UNITER Investment Company was formed in 2002. UNITER provides its clients with high quality full-service investment banking support covering the M&A process from establishing dialogue between investors and owners of target companies to the practical settlement of share transactions by its own licensed broker and depositary. UNITER’s mission is to facilitate the entry of foreign strategic and financial investors into Belarus and help Belarusian companies raise capital. Among its clients are the largest investors coming to Belarus. www.uniter.by.

IDC Asesores Financieros, Central America

IDC Group’s three areas of expertise are consulting, real estate and financial advisory. The financial advisory group, IDC Asesores Financieros, is oriented to help local and regional (Central American) companies gain strategic value by positioning themselves with critical mass to become an international target. The group may also advise international companies to acquire/divest operations in the region. The firm is focused to support the person behind the company in the mid market. www.grupoidc.com.

Banmerchant, Chile

Banmerchant was established in 1997 as an independent boutique investment bank, focused in M&A, debt restructuring, turnarounds, valuations, capital markets and real estate development. The Investment Banking team’s combined experience exceeds US$4 billion. The capital markets operation manages US$100 million. The real estate development projects account for about US$500 million. The firm offers high level expertise in the industry through a senior team with 25 years per capita experience in corporate financial services. www.banmerchant.cl.

The new partner additions occurred during Global M&A’s 5th Annual Cross-Border Conference, “A World of Middle Market Opportunities,” held in South Beach, Miami in May.

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, and financial restructurings. BGL is the U.S. partner in Global M&A, the world’s leading partnership of independent middle market financial advisory firms focusing on cross-border transactions. For more information, please visit www.bglco.com.

About Global M&A GmbH

Global M&A is an exclusive partnership of many of the world’s most successful independent M&A advisory firms focused on the middle-market. Within Global M&A, 39 partner firms work together on an exclusive basis to deliver seamless advice to clients’ local and cross-border deals in as many countries across Europe, North and South America and the Middle and Far East. www.globalma.com.

BGL Announces New Spanish Global M&A Partner

Brown Gibbons Lang & Company, the U.S. partner in Global M&A, is pleased to welcome Socios Financieros (“Socios”) as its Spanish partner.

Global M&A is the world’s leading partnership of independent middle market investment banking firms focusing on domestic and cross-border transactions valued between €10 million and €250 million. In 2007, over 400 professionals representing 45 countries closed more than 200 deals with an aggregate deal value exceeding €9 billion.

“Socios was our first choice to represent our organization in Spain,” said Michael Gibbons, chairman of Global M&A and senior managing director & principal, Brown Gibbons Lang & Company.

“The firm has an outstanding franchise with multinational companies and global private equity groups. We are delighted to welcome Socios to Global M&A and look forward to serving the Spanish business community in partnership with them.”

Founded in 1991, Socios Financieros is one of Spain’s longest established independent investment banking firms. They have been recognized for innovation and creativity in a variety of significant and cross-border complex transactions. These include the first ever public to private transaction in Spain (Advent International 2003); the first ever successful contested takeover by a Spanish company abroad (Deep-Sea Leisure Plc 2001); the first ever reverse takeover of a public company subject to Spain’s creditor protection legislation (Grupo Fosforera 2001); the first ever large scale sale and lease back transaction (Accor 2000).

Nicholas Walker, joint managing partner of Socios Financieros said, “In an age where Spain has become the third most active overseas investor amongst EEC members, and with growing interest in developing countries in Central Europe and Asia as well as the U.S. in particular at this time, there is a compelling case for us to join the Global M&A alliance which has exceptional strength in these and other key geographies.”

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, and financial restructurings. BGL is the U.S. partner in Global M&A, the world’s leading partnership of independent middle market financial advisory firms focusing on cross-border transactions. www.bglco.com

About Socios Financieros

Socios Financieros is an independent corporate advisory firm providing high level, high value-added advisory services for mergers, acquisitions and disposals of private and publicly quoted companies, within Spain and internationally. Socios also advises on capital and debt raising, corporate restructurings, MBO’s and MBI’s as well as providing fairness opinions and other financial advisory services. Our clients range from multinational companies, to private equity firms, management teams, entrepreneurs and family companies. www.sociosfinancieros.es

About Global M&A

Global M&A is an exclusive partnership of many of the world’s most successful independent M&A advisory firms focused on the middle-market. Within Global M&A, 37 partner firms work closely together to deliver seamless advice to clients’ local and cross-border deals in as many countries across Europe, the Nordic Region, North and South America and the Mid and Far East. www.globalma.com

BGL to Host Global M&A Central & Eastern European Partners for U.S. Road Show

Brown Gibbons Lang & Company and Global M&A, the world’s leading partnership of independent middle market investment banking firms, are hosting a U.S. road show on October 16 – 18 with stops in Chicago, Boston and Cleveland for its Central and Eastern European partners.

M&A professionals from Russia, Austria, Turkey, Ukraine, Poland, Czech Republic, Estonia, Latvia, Hungary, Slovenia and Slovakia will address the opportunities and challenges of doing business in the CEE and will come prepared to discuss specific investment opportunities.

“For investors interested in growth, these countries represent the most exciting opportunity in today’s global market,” said Michael Gibbons, chairman of Global M&A and senior managing director & principal at BGL.

“The region combines high growth economies with an emerging group of entrepreneurs committed to modernizing their economies. Although Westerners have had difficulty identifying opportunities in the CEE in the past, businesses are rapidly transforming operations and financial reporting to Western standards.”

The road show is being presented with the support of World Boston, Cleveland Council on World Affairs and the law firm of Calfee, Halter & Griswold.

For event information, please visit www.globalma.com/page/events.

October 16 – Chicago, Union League Club of Chicago

October 17 – Boston, Fairmont Copley Plaza

October 18 – Cleveland, The Union Club

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, and financial restructurings. BGL is the U.S. partner in Global M&A, one of the world’s leading partnerships of independent middle market financial advisory firms focusing on cross-border transactions. For more information, please visit www.bglco.com.

About Global M&A

Global M&A is an exclusive partnership of many of the world’s most successful independent M&A advisory firms focused on the middle-market. Within Global M&A, over 35 partner firms work together on an exclusive basis to deliver seamless advice to clients’ local and cross-border deals in as many countries across Europe, the Nordic Region, North and South America and the Mid and Far East. For further information on Global M&A, please visit www.globalma.com.

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BGL Announces New Global M&A UK Partner

Brown Gibbons Lang & Company, a leading independent middle market investment banking firm, is pleased to welcome Noble & Company (“Noble”) which formally joins the Global M&A partnership as its UK partner in October 2007.

Global M&A’s focus is on domestic and cross-border mid-market transactions, valued at between €10 million and €250 million.  The rapidly expanding cross-border M&A market continues to accelerate at a record pace due to the benefits of geographic diversification, the availability of good acquisition candidates and easier access to financing in certain countries.    The evolution of the private equity industry also contributes to the need for global M&A advisory services.

In the first half of 2007, the value of mid market M&A transactions increased by 15.4% to $440 billion (€312.2 billion).  Within this, Europe accounts for almost 40% of deals (Source:  Thomson Financial).  In addition, companies are increasingly seeking to raise capital overseas.  For example, in the first half of 2007, £1.2 billion (€1.72 billion) was raised on AIM by 39 non UK-based companies.

Research also shows that the proportion of cross-border mid-market M&A activity, deals worth over £50 million (€71.69 million) in value with a UK leg, is increasing.  This time last year the proportion of cross-border deals to UK deals was roughly half.  Today, cross-border M&A activity actually accounts for 75% of mid-market deal flow in the UK (Source: Mergermarket).

“We carefully evaluated potential partners in the UK over the past six months and determined that Noble, with their access to the AIM market and strong M&A experience was the best fit for our partnership,“ said Michael Gibbons, chairman of Global M&A and senior managing director & principal, Brown Gibbons Lang & Company.

“Global M&A prides itself in inviting only best-of-breed firms into our partnership, and in Noble we now have the premier independent UK investment bank as our partner.  Our clients will benefit from Noble’s superb M&A capabilities and notable access to the UK capital markets.”

Noble is the corporate finance advisory and broking arm of Noble Group, an independent investment banking group founded in 1980, with over 100 employees based in London and Edinburgh.  Noble provides integrated corporate finance and broking services to fast growth mid-market companies.  Specialist corporate finance teams offer strategic advice on transactions, fundraising and M&A across five core sectors – technology, financial institutions, consumer, business & support services, and natural resources & energy.

“International capability is essential to today’s M&A market.  We are delighted to become the UK partner to the excellent members of Global M&A around the world, enabling first-class client service on an international basis. The growth in London’s capital markets for international businesses offers exciting opportunities to clients of all 36 members of Global M&A,” said John Llewellyn-Lloyd, Chief Executive of Noble.

Global M&A partners have completed over 1,000 transactions with an aggregate deal value of over €25 billion since 2000.

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, and financial restructurings. BGL is the U.S. partner in Global M&A, one of the world’s leading partnerships of independent middle market financial advisory firms focusing on cross-border transactions. For more information, please visit www.bglco.com.

Brown Gibbons Lang & Company Welcomes Five New Professionals to its Team

Brown Gibbons Lang & Company proudly announced today the addition of five more talented professionals to its investment banking team.

Joining the Cleveland office are Varun Bhatia, Kurt W. Loeffler, CFA, and Chandra R. Williams as associates and Gregory Sanker, Jr. as an analyst. Bhatia recently completed his M.B.A. from University of Michigan while working as a senior upper middle market credit analyst at National City Corporation. Loeffler was previously a director with Source Capital. Loeffler earned his M.B.A. from Case Western Reserve University and his C.A.S. in Policy, Planning & Operations from Harvard University. Williams previously worked at Ernst & Young as a manager – transaction advisory services. She earned her M.B.A. from University of Chicago. Sanker joins BGL from Sandler O’Neill + Partners, L.P. after graduating with a B.A. from New York University in December.

Joining the Chicago office is Rebecca A. Dickenscheidt as director of research. Dickenscheidt was previously assistant vice president in the Investment Banking Group at Howe Barnes Hoefer & Arnett. At BGL, she will be responsible for providing industry research support for the firm’s dedicated sector teams.

“We are extremely pleased to welcome these highly qualified individuals to our firm. Each individual boasts a strong investment banking background, exemplifying the caliber of expertise that our clients have come to expect from BGL. We look forward to their contribution and further enhancing our middle market capabilities,” stated Michael Gibbons, senior managing director & principal at BGL.

About Brown Gibbons Lang & Company

Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, and financial restructurings. BGL is the U.S. partner in Global M&A, one of the world’s leading partnerships of independent middle market financial advisory firms focusing on cross-border transactions. For more information, please visit www.bglco.com.