June 5, 2009
(Dallas, Texas) Carwin Advisors announced today that the firm had been selected to provide a comprehensive valuation of the Wall Homes builder portfolio as part of a bankruptcy auction. Wall Homes, a private builder, had lot positions in 29 communities across Texas including Dallas, Fort Worth, and San Antonio.
As part of the Section 363 auction process the bankruptcy court required a solid valuation of the entire portfolio. Carwin Advisors was engaged to provide a ground-up valuation, which was conducted following a rigorous approach with solid backup. The process resulted in competing bids and a maximum value for the portfolio.
Patrick Vedra, Managing Partner said, “We have the combination of analytical tools and real operational experience to go beyond the typical opinion of value to deliver a valuation assessment that holds real weight with the client or the court.”
Carwin Advisors, a Winchester Carlisle Company, is a national full-service real estate advisory firm specializing in solving complex problems and working with multiple stakeholders in the restructuring, turnaround, management and disposition of residential, commercial, and mixed-use real estate assets, portfolios, and companies.