Printer Friendly

New firm established.

Foray Capital Inc., a New York based real estate advisory firm, has been created to offer restructuring and work out services to lenders, developers and other financial institutions.

The principals of the firm are Cynthia Wang and Jim K. Lee. They will use their experience in real estate, legal, environmental, regulatory, and accounting issues, Foray principals have been successful in restructuring and foreclosing over $1 billion in loans.

Wang, who holds a BA from Barnard College, and an MA and MBA from Columbia University, managed, in aggregate, a diverse real estate portfolio of over $1 billion as a Chemical Bank vice president. She has successfully restructured over $400 million of complex transactions including those involving domestic and foreign hank participants.

Lee, also as a vice president at Chemical Bank, managed a diversified real estate loan portfolio in excess of $600 million, she has restructured, negotiated, managed and disposed of problem loans and projects including shopping centers, mixed-use-developments, residential projects, and condominium and cooperative conversions. Lee holds a BA in Architecture from Princeton University and an MBA from Columbia University.
COPYRIGHT 1992 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Foray Capital Inc. real estate advisory firm
Publication:Real Estate Weekly
Date:Dec 23, 1992
Words:179
Previous Article:Coopers & Lybrand to assist in securing government grants.
Next Article:Co-ops coming to grips with accounting change.
Topics:


Related Articles
Carlton Group sells 56-57 Pine Street for $7.3M.
Major new presence emerges in high-end residential market.
Grubb & Ellis expanding affiliate program.
Newmark & Company opens San Francisco office.
On a new mission. (Profile of the Week).
New advisory services group.
Hotel investment vets join C&W.
C&W forms alliance with leading valuation company.
Rebuilding an empire: Quinton Primo bought and sold billions in real estate assets. Now he's making moves into New York City's high-stakes gold coast.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters