Thomas and Hutton Engineering and Oceancrest Advisory Services form strategic partnership
Submitted by: Elliotte Quinn on Apr 22, 2009 at 1:19 pm
Tagged with: Asset Management, Engineering, Real Estate, Real estate development
Source: Thomas & Hutton Engineering Co.
April 2009
Strategic Partnership Formed
Oceancrest Advisory Services, LLC and Thomas & Hutton Engineering Co. have today announced the formation of a new strategic partnership that provides a single point of contact for the workout and asset management of residential sub-divisions; including single-family and multifamily residential communities, master-planned, large-scale mixed-use, golf and resort developments. The partnership's expertise in discovery and due diligence will turn raw information into intelligence, identify risks, provide solutions and solidify an exit strategy that is achievable. Thorough due diligence will ensure surprises that lead to unexpected expenses, fines and project delays, are avoided.
The firms' track records, experience and access to in-house design capabilities and cutting edge technology gives the partnership the ability to complete the design and engineering of a project, as well as entitlement, permit review and compliance. The partnership will quantify remaining development costs, deliver a forensic budget analysis, manage the critical path and manage the general contractor and other vital vendors. Furthermore, the partnership will provide asset and portfolio reporting, stratification of a clients real estate holdings, valuations and positioning to ensure the business plan is achievable and on track.
Additional services offered:
• Development Consulting
• Construction Inspections (in conjunction with construction advances)
• Civil, Environmental, Marine and Structural Engineering Design
• Planning, Design and Delivering Functional Engineering Projects
• Asset and Portfolio Management
• Debt and Equity Ownership Structuring
• Lender Underwriting and Developer Proforma Modeling
• Property Management Consulting
Thomas & Hutton is a privately-held civil engineering firm, headquartered in Savannah, GA, with five regional office locations in the Southeast. T&H acts as consultants for both private and public clients in an array of markets including: residential, commercial, industrial, institutional, transportation, environmental, structural and marine.
Oceancrest, located in Wilmington, NC, is a commercial real estate advisory firm offering a host of products and services that enable our clients to minimize risk and maximize investor returns. Oceancrest offers experience, responsiveness, flexibility and scalability to meet the changing need of our clients.
Partnership Services Offered
• Asset Management
• Due Diligence
o Market Level
o Asset Level
• GIS Mapping
o Property Search
o Land Management
o Water Resources
• Workouts
o Receivership
o Reposition
o Restructure
• Civil Engineering
• Land Surveying and Planning
• Highest and Best Use Analysis
Key Personnel
Oceancrest Advisory Services, LLC
John Lennon
Managing Partner
Ron Rossi
President
Thomas & Hutton Engineering Co.
Jack Reel, PE
Principal-in-Charge
Samuel G. McCachern, PE
Senior Vice President
Benny K. Jones, PE
Vice President
Visit Our Websites
Contact Us
Oceancrest Advisory Services, LLC
1437 Military Cutoff Rd, Ste 201
Wilmington, NC 28403
(910) 239-5832
Thomas & Hutton Engineering Co.
50 Park of Commerce Way
Savannah, GA 31405
(910) 332-3400
| Organizations | Oceancrest Advisory Services, LLC |
|---|---|
| Source | Thomas & Hutton Engineering Co. |
| Submitter | Elliotte Quinn |
| Tags | Asset Management, Engineering, Real Estate, Real estate development |