Guaranty Bank Engages Carwin Advisors
July 29, 2009
(Austin, Texas) Guaranty Bank has engaged Carwin Advisors to perform due diligence and advisory services for Cypress Creek, a 200+ unit condominium community located in Cedar Park, Texas.
Currently Cypress Creek is a distressed asset with numerous issues. The project development is incomplete and construction has been abandoned. Carwin Advisors will complete due diligence and create process recommendations for project stabilization. Carwin Advisors will then implement these processes with the intention of converting Cypress Creek into a functional development for purchase by a builder or developer.
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.