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Doan Brook is a bespoke advisory firm focused on unique opportunities to create tax advantaged, above market returns across a range of real estate asset classes.

In Memoriam

Sidney Unobskey, international real estate developer, philanthropist, husband, father, and grandfather passed away in January 2021.

Sidney was an early innovator in shopping mall development in Europe, Australia, and the United States. Later projects were conceived and built in Hawaii, Australia, Singapore, and Malaysia. He pioneered the concept of multiple movie theaters under one roof.

Sidney led a life committed to helping create value well beyond real estate.

Sidney began his public service with Senator Robert Kennedy in the 1967 redevelopment of Bedford Stuyvesant and the 1968 presidential campaign. In 1991, he was appointed Chairman of the San Francisco Planning Commission by the Mayor of San Francisco. He served 14 years on the Roosevelt Campobello International Commission following a 2006 appointment by President George W. Bush.

Morever, Sidney supported the St. Croix River Valley his entire life, including the Unobskey Scholars Program to provide scholarships for disadvantaged youth to attend Andover.

Sidney earned degrees from Andover, and Yale, where he endowed the Arthur Unobskey Chair of American History in 1983.

Achievements

Doan Brook is a bespoke real estate advisory firm focused on opportunities to create tax advantaged, above market returns across a range of real estate asset classes.

Mixed Use

15MM Class A GLA and over 10,000 fee simple or multifamily units in seven states, including 48 anchors and over 2,200 specialty tenants. Multi-screen entertainment, structured parking, public libraries, and strategic partnerships.

Retail

400+ bank branch locations and 1,500 ATMs in five states with over $40 billion in assets and $30 billion in deposits; merchandising strategies for a 500-store big box retailer; and strategic alternatives for a 190-store specialty kitchen retailer.

Conservation

2MM acres of direct purchase and conservation easements for critical land, water, and habitat, including headwaters forests, rivers, lakes, watersheds, groundwater, and open land; stakeholder engagement including cities, ranchers, farmers, sportsmen, industry, agencies, and conservationists.

Healthcare

1MM SF of academic medical center and clinical specialty facilities in two states, including family health and service centers with primary care, specialty services, and outpatient surgery. Additional work includes a 290-room, 12-story, 500,000 SF hotel conference center and a 160-room wellness hotel.

Disciplines

Our ambitious mindset and innovative tool kit enable tax advantaged, above market returns across a range of real estate asset classes.

  • Due Diligence
  • Entitlements
  • Financing/Refinancing
  • Repositioning
  • Branding Analysis
  • Asset Management
  • Redevelopment
  • Conservation Easements
  • Development Agreements
  • Operational Analysis
  • Property Improvement Plan
  • Development Management
  • Dispositions
  • Market Research
  • Owners Representation
  • Feasibility

News

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2021 Retail Capex

Dick’s Sporting Goods, Restoration Hardware, Tractor Supply, and 20 additional retailers are leaning into their digital transformation with 46% YOY increases in capex and 40% of capex estimated to be tied to digital infrastructure. To put the investment in perspective, DKS and RH digital sales are estimated at 30% and 48% percent of total 2020 …

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BlackRock, Carlyle ESG Targets

BlackRock’s new $4.4 billion five-year credit facility ties lending costs to ESG targets. BlackRock is joining Carlyle Group in the emerging use of finance terms that encourage borrowers to meet ESG goals. Carlyle secured a $4.1 billion three-year facility from a consortium led by Bank of America in February. “The ESG-linked credit facility enhances BlackRock’s …

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Cerberus Real Estate Raises $2.8B

Cerberus Capital Management has raised $2.8bn for its opportunist global real estate fund, Cerberus Institutional Real Estate Partners V (CIREP V). Half of the CIREP V’s investment is forecast to be in Europe with the US forecast to be 40% of assets. The 10% balance is expected to be Brazil, China, and other Asian markets.

Contact

Don Gest

216.650.6211 M

donald.gest@doanbrook.com