FTI Consulting Announces New Real Estate Restructuring Advisory Services Leadership
09 Agosto 2023 - 8:30AM
FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of
Michael A. Criscito as a Senior Managing Director and Co-Leader of
the firm’s Real Estate Restructuring Advisory Services offering.
Senior Managing Director Cynthia A. Nelson has also been named
Co-Leader of the offering.
With more than 30 years of global banking experience, including
an extensive background in restructuring and distressed real
estate, Mr. Criscito has advised companies in a broad range of
industries and creditor classes worldwide, guiding creditors
through the restructuring process to maximize recovery. He has also
represented principals in matters involving distressed real estate
assets.
“Real estate owners and lenders are facing unprecedented
challenges in the current economic environment, which has been
impacted by the pandemic and the subsequent threats to operating
paradigms, rising interest rates, maturing debt, complex capital
structures and dissenting perceptions of value and projected cash
flow,” Ms. Nelson said. “Our growing real estate restructuring team
serves myriad stakeholders — including owners, investors, secured
lenders and unsecured creditors — who are increasingly considering
restructuring options to preserve and create future value.”
Ingrid Rivera Noone, Co-Leader of the Real Estate Solutions
practice at FTI Consulting, added, “Mike brings noteworthy
experience across a wide range of sectors, particularly within the
real estate industry, to our growing practice at a crucial time.
Having represented both creditors and principals, he will be a
tremendous asset to our team as we work to develop creative
solutions to maximize recovery and mitigate loss on behalf of our
real estate clients.”
Mr. Criscito previously was a senior managing director and
co-leader of Ankura Consulting Group, LLC’s Real Estate Advisory
group. Prior to this, he was the global head of workouts at Credit
Suisse for more than two decades. He has held positions at HSBC
Markets; Bear, Stearns & Co.; McDonald & Company
Securities, Inc.; and Paine Webber Incorporated.
“FTI Consulting is known for its industry-leading real estate
practice and expertise in providing comprehensive solutions for
real estate challenges,” Mr. Criscito said. “With the commercial
real estate sector facing uncertainty and stress, this was the
ideal time to join FTI Consulting’s dynamic team.”
Ms. Nelson has more than 30 years of experience advising
stakeholders with interests in real estate and assists clients in
developing and implementing turnaround plans and restructurings.
Prior to joining FTI Consulting, Ms. Nelson was a partner in the
Business Recovery Services practice of PricewaterhouseCoopers and
has held positions with Jones Lang Wootton, Laventhol & Horwath
and Valencia Company (Newhall Land & Farming).
About the FTI Consulting Real Estate Restructuring
Advisory Services The Real Estate Restructuring Advisory
practice is part of FTI Consulting’s Corporate Finance &
Restructuring segment, a leading provider of industry-focused
restructuring, business transformation and transaction services.
For more than 15 years, The Deal’s Bankruptcy League Table has
consistently ranked FTI Consulting as one of the top
restructuring advisors. FTI Consulting has approximately 60
Certified Insolvency and Restructuring Advisor professionals; its
roster includes former chief operating and financial officers,
treasurers, trustees, examiners, advisors, bankers and board
members, as well as Certified Turnaround Professionals. Services
include company-owner advisory services; interim management
services; creditor advisory; asset/debt/REO acquisitions and
dispositions; trustee, receivership and fiduciary services; dispute
advisory, and valuation services.
About FTI ConsultingFTI Consulting, Inc. is a
global business advisory firm dedicated to helping organizations
manage change, mitigate risk and resolve disputes: financial,
legal, operational, political & regulatory, reputational and
transactional. With more than 7,800 employees located in 31
countries, FTI Consulting professionals work closely with clients
to anticipate, illuminate and overcome complex business challenges
and make the most of opportunities. The Company generated $3.03
billion in revenues during fiscal year 2022. In certain
jurisdictions, FTI Consulting’s services are provided through
distinct legal entities that are separately capitalized and
independently managed. For more information, visit
www.fticonsulting.com and connect with us on Twitter
(@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc. 555 12th Street NW
Washington, DC 20004 +1.202.312.9100
Investor Contact: Mollie
Hawkes+1.617.747.1791mollie.hawkes@fticonsulting.com
Media Contact: Nina
Dietrich+1.201.493.8944nina@ninadietrich.com
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