Jane F. Hoffner is Managing Director of Bascom Portfolio Advisors (BPA), offering advisory, asset management and court appointed receivership services to financial institutions and real estate companies seeking resolutions of distressed assets. Ms Hoffner's background encompasses loan workouts, REO management, underwriting and asset management of complex development deals. Prior to forming the BPA venture with The Bascom Group, Ms Hoffner spent more than 12 years working for Lehman Brothers underwriting complex real estate projects (commercial, residential and land), sponsorships and capital structures. Responsibilities also included asset management of complex development deals and distressed properties. Ms Hoffner’s workout experience includes more than 6 years of workout experience, negotiating loan workouts and managing REO portfolios, working for the FADA for two years and for Hanford Healy from 1991 through 1995. Prior real estate and financial experience includes employment at O’Donnell Armstrong & Partners and Salomon Brothers. Ms Hoffner holds a Master of Business Administration from Stanford University; she completed her undergraduate studies at Tufts University with a Bachelor of Science degree in Civil Engineering, magna cum laude.Jane Hoffner’s experience has encompassed:- Office – Suburban and CBD markets, low rise through high rise, leasing, management, deferred maintenance and repositioning- Industrial – Single and multi-tenant facilities, management and leasing issues, development of new product and repositioning existing product- Retail – Strip, regional and power centers, new construction and expansions; management, leasing and renovation decisions- Residential Condo Projects – Development and marketing of new product, mid and high rise; conversions of existing product; broken condo projects- Multi-family – Existing Class A, B and C, renovations and development of new product- Other –Land, hotels and senior living facilitiesSpecialties: Management of RE assets: - Condition and competence of sponsor- Submarket analysis and positioning - Capital stack imbalancesExtensive background in strategic decision making:- Negotiation of mutually beneficial loan restructures - Sponsor supplementation or replacement - Recapitalize/cost-benefit of additional capital investment- Management of attorneys and legal process- Transition of properties through the foreclosure process with minimal loss and operational disruption
Listed skills include Risk Management, Investments, Portfolio Management, Financial Analysis, and 14 others.
