Analytic Process Essential to On-Going Deal for 217,000 sq ft. property in New Jersey

Westport, CT (April 9, 2015) – Jack Mullen, Founder and Managing Director of Summer Street Advisors (“SSA”), recently led his team in performing due diligence and related financial reviews in connection with the $64 million acquisition of a retail complex with office, retail, and movie theater in New Jersey.

Summer Street Advisors was retained by the purchaser based on their proven track record in financial reviews, including expertise in abstracting leases, review and verification of financial underwriting, and analysis of property cash flow and expenses for comparison against documentation and projections.

“Our reputation for comprehensive analysis, coupled with our ability to identify risks and offer insights, brought this particular client to us for the first time,” Jack Mullen commented. “Because of complexities within the deal as a whole, the due diligence component required knowledge beyond traditional business analytics and reporting capabilities,” said Mullen.

“Timelines are crucial in this type of deal,” continued Mullen, “and even with the challenges of a two-week completion deadline, we were able to provide our client with a thorough analysis and business summary that enabled the client to close on the purchase of this property in Q1 2015.”

For additional information, please contact Jack Mullen at 203-293-4844.

About Summer Street Advisors, LLC

Summer Street Advisors, LLC (SSA) is a commercial real estate advisory services firm founded by Risk Management alumni of GE Capital Real Estate. SSA offers a rigorous Risk Management philosophy and approach in providing strategic advisory services to loan sellers, B piece buyers, distressed mortgage investors, servicers and banks across all commercial real estate assets. The SSA team has over 100 years combined CRE experience and possesses diverse institutional and entrepreneurial backgrounds, including valuation, underwriting and credit analysis, mergers and acquisitions, risk management, distressed debt advisory due diligence and management consulting. More information about the company can be found at summerstreetRE.com.