Unparalleled Experience in Acquiring, Managing and Disposing of Distressed/REO Assets
The principals of Summit have held executive positions ranging from COO to CFO to General Counsel in organizations including Colony Capital, Brazos, Lone Star, AREG and several leading real estate development and operating companies. During their tenure in such positions, Summit’s executives developed and executed their firm’s distressed asset and REO strategies. The Summit team has proven experience in debt and equity financing, asset management, loan workouts, bankruptcies, construction and development management, leasing and property level operations.
Kevin C. McTavish
Kevin McTavish founded Summit Capital, LLC, in 2003. Summit invests in a variety of real estate assets – including traditional physical properties, distressed debt, and public-to-private opportunities. With over 20 years of experience in investing and managing ‘distressed’ or ‘troubled’ real estate assets, the firm’s primary investment philosophy is to focus on opportunities where a combination of capital, creativity and intense management can produce superior risk adjusted returns for investors.
From 1995 – 2003 Mr. McTavish was a Principal at Colony Capital, LLC. At Colony he was a member of Investment Committee and Major Asset Review Committee. Colony, based in Los Angeles and with offices throughout the world, has invested and manages nearly $40 billion in real estate assets. Read Full Bio
Roger Greene has been active in distressed real estate and mortgage investments for nine years, and active in management, acquisition and disposition distressed investment opportunities for fifteen years. An attorney by training, Mr. Greene left private practice during the last banking crisis of the early 1990s to spearhead the legal efforts of American Real Estate Group (AREG) to manage the $20 billion in non-performing or sub-performing assets located in 39 states left by the failure of American Savings & Loan Association. When affiliates of the Robert M. Bass Group purchased American Savings Bank, Mr. Greene became General Counsel of AREG. He became responsible for all legal aspects of disposing of the assets. Mr. Greene was responsible for all contested proceedings with borrowers, including more than 400 active litigation and bankruptcy matters. He supervised 11 attorneys and a staff of 40. In addition, he was responsible for negotiated solutions, such as discounted payoffs with borrowers, or loan and real estate sales. Read Full Bio