“WORLD CLASS ASSETS – WORLD CLASS SOLUTIONS”
with Judy Rae & Steve Miller, then owners of the Coldwell Banker franchise
associates has joint ventured exit strategies with some of the Country’s largest
Builders, Developers, Brokers, Receivers, Trustees and Financial
Institutions. Our associates have auctioned in excess of U.S. $17 Billion in unique realty
Internationally from the Caribbean to Mexico to Hawaii to Canada. This
includes a million acres of land, the 25,000 acre
golf, ocean front, ranches, 45,000 sq.ft. warehouse, office buildings,
commercial, 7,000 luxury condos and the largest manse in Charleston, SC,
feet while maximizing revenues and accelerating absorption. I have been
entrenched in International real estate for over 30 years and have worn
several top hats. Therefore, I have significant resources at my disposal in
the world of realty and finance depending upon your requirements.
largest cruise ship conglomerate & operator of 90 Resorts) and
the Houston Rockets sold The Vanderbilt Estate to at auction; Christie’s
Brothers/General Development/Deltona Corp (World record holder having
Charles Ross, past member of Holland & Knight of St. Pete, FL
(World’s Top 10 Law Firm) ; Peter Rummell, CEO of St.
Joe Land Company (largest private land owner in Florida owned a million
KB Homes; Jeff Lodder & Richard Monprode of Hovsons/Hovchild (K.
Hovnanian family); U.S. Federal Bankruptcy Tampa District Judge Alex
Paskay; worked thru a $1 Billion L J Hooker bankruptcy (America’s largest
bankruptcy in U.S. history at that time) with Steve Golub of Proskauer,
Rose , Goetz & Mendolson of NYC; Forbes 400 David Chase
In The Hamptons, Forbes 400 Leslie Alexander, owner of the NBA Houston
Southampton, Dan Gualtieri, CEO of Hamptons Mortgage Corporation in
Spinnakers Restaurant in Sag Harbor are business associates of mine. We
also arranged mezzanine funding for a $4M Mixed use commercial real
estate enterprise in the Hamptons. I am summering in the Hamptons and
wintering in Palm Beach. I wanted to reach out to you as a result of my
consulting with several owners in the Hamptons properties from $4M –
$20M+ regarding our maximizing revenue streams & exit strategy
Our experience is that the vulture/investor/bulk/wholesale buyers represent
the floor or minimum price per unit. They usually open the bidding and are
ultimately outbid by end users. A portfolio/asset/pie/project will sell for less
bulk at wholesale than in pieces/slices retail direct to the public at auction.
Prices generally range from 70% – 120% +/- depending upon the
market/economy. The past 3 luxury project loans that we have paid off with Regions Bank has resulted in an over all average of 100% of Regions Banks’s construction loan balance(s), list price(s) or appraised value(s).
Find my bio and sample credentials attached for your consideration.
Global Cel: 561 275 8355 Palm Beach, Florida
Palm Beach Roots
My family, the Parkmans & Thompsons, have held key leadership rolls with the Weitz Company since 1972 in Des Moines, IA & WPB,FL. More recently, Larry Thompson, as Weitz’s lead Super set what I understand is a 153 year record for the largest singular contract for the $160M Scripps Research Institute Project PBG,FL http://www.scripps.edu/intro/glance/
. I cut my teeth with the Weitz Co. in 1981 under the tootaledge of Ben Sorenson, Ivan van Roekel, John Rodeman, Bob Demers, Jack Duran & Gary Swanson as the Chief Land Surveyor @ the $80M Abbey Delray South project, Delray Beach , FL. The Vulcan Co was a subsidiary that Weitz had established in S FL. www.weitz.com
In addition, find attached a History of the Ritz Carlton of Palm Beach www.ritzcarlton.com . The Ritz franchise is owned by the Marriott Umbrella. I meet Bill Marriott, Jr. when he was in Palm Beach, FL to bid on the Palm Beach International Airport’s concessions prior to PBI’s grand opening in 1997 +/-. Bill, Mitt, Rod & I are all LDS (Mormons) as well. www.marriott.com . Roderick Davies, who is brother-in-law to Governor Mitt Romney introduced me to Bill www.freestrongamerica.com .
Norman Groh of Cherry Hills, NJ had, acquired the La Coquille Club from Robert (Bob) Evans Chairman of The American Motors Corporation ( Mitt Romney’s Father George Romney was also a Chairman of The American Motors Company, Governor of Michigan, US. Secretary of HUD and a candidate for the Office of President of the United States http://en.wikipedia.org/wiki/George_W._Romney ). (La Coquille was originally founded by Spelman Prentice, a grandson of John D. Rockefeller, Sr. in 1954). A biz assoc & friend of mine, Pete Bryce of the Bryce Mountain Resort in VA www.bryceresort.com , was then the manager of La Coquille and used to place a junior Senator from Massachusetts in his Cadillac and take him to the Kennedy Compound – JFK; Then the Massachusetts Governor was Gov. Endicott (Chub) Peabody who’s Mother was Mary Parkman Peabody). Norman had approached me, while I was the AVP of DeBartolo Financial Services www.debartoloholdings.com , to fund the ADC mini perm funding for the La Coquille tear down. Norm was thin on resume and financial statement and ultimately flipped it to Mel Simon www.simon.com . Mel Joint Ventured with Shimizu and the Ritz went under construction. Mel hired The Weitz Company (America’s Top 25 GC) to build the Ritz Carlton. My Father, Richard D. Parkman, was the Superintendent for the $100M project as well as the Plaza del Mar luxury luxury retail/commercial project directly across A-1-A from the Ritz. I was an Asst. Super @ the Plaza del Mar www.manalapan.org/321677.html . In 2007 my Father was once again called out of retirement to be the Super @ the Ritz for the Architectural firm responsible for the $20M facelift and expansion.
My Brother, Steven T. Parkman, was the Superintendent @ Palm Beach’s only AAA 5 Star rated Oceanfront Resort and Golf Club – The Breakers Steve performed a face lift rehab for $20M with the Weitz Co. www.thebreakers.com .
Daniel M. Parkman, Sr. & Frank Mackle, III