Competitive Advantage
Financial Strength
Everest and its majority-owned affiliates hold more than $20,000,000 in cash and have real property equity exceeding $100,000,000.
Distributions
Everest believes in making cash distributions. Between 2001 and 2011, Everest has made distributions to investors from operations, sales and refinancing exceeding $120,000,000.
Available Capital
Everest has a significant amount of its own capital to invest into real estate entities. Everest does not need third-party approval to invest capital on hand.
Well-Defined Sources of Third-Party Capital
Everest has partnered with a large hedge fund that has already invested over $100,000,000 with Everest over a 10-year period. Having already benefited from Everest’s performance, this hedge fund and many other past and current investors desire to invest more capital through Everest in appropriate situations.
In-House Legal Capability
Everest has in-house attorneys with substantial securities and real estate transaction expertise.
In-House Marketing Capability
Everest has in-house marketing expertise that it employs in its asset management services to enhance the performance of its properties.
Restructuring Experience
Everest has replaced general partners that were removed by partner votes, by court order or through a bankruptcy reorganization, including situations where Everest did not receive cooperation from the outgoing general partner and had to “start from scratch.”
Everest has been approved by many lenders to take control of properties and manage the borrowing entities.