Realistic advice and strategies for your business
Who we are
About Us
Robert Draper, the principal of Draper Capital Advisors, began his commercial banking career in 1983. The majority of his career has been spent in the resolution and workout of distressed debt, which resulted in the successful resolution of over $1B in troubled assets, including the liquidation of REO properties. He also spent over a decade in commercial real estate originations.
Most recently Rob was a Senior Vice President and the Director of Special Credits for Tacoma, Washington based Columbia Bank, where he was successful in overseeing the group's reduction of non-performing assets to exceptionally low levels. Additionally, he has managed special assets groups and worked out commercial credits in Massachusetts, Pennsylvania, Rhode Island, Maryland, Florida and Tennessee.
The depth of his experiences provides him a unique perspective on how to resolve the issues companies/borrowers face when dealing with reducing revenue and cash flow. He is well versed in a number of different asset classes, such as manufacturing, construction services, agriculture, maritime, seafood, as well as commercial real estate.
While Draper Capital Advisors is primarily active in Washington, Oregon, Idaho, California and Arizona, we stand ready to assist creditors and debtors in most states.
Mr. Draper is a member of the Turnaround Management Association (TMA) and the Risk Management Association (RMA). Additionally, he has been a panelist at many national and regional conferences on distressed debt and workouts.
Our Services
Restructuring :
There are times when challenges arise in a company's cash flow that results in the need to restructure it's debt. The goal of any restructure is to provide the company a path to return to profitabilty and allow it to reestablish credibility with it's lender.
Draper Capital Advisors has extensive experience in the workout or restructuring of commercial debt. We will strive to achieve a workable solution that meets these goals.
Receiverships:
Whether a receivership is entered into through an Assignment for the Benefit of Credits, or initiated by a lender, Draper Capital Advisors will work to maximize the value of the assets to provide the highest return to creditors.
Bankruptcy Support:
The goal of a successful Chapter 11 is to enable the debtor to have a legitimate plan to reorganize the company and continue as a viable business. Draper Capital Advisors has the resources and experience to guide the debtor through this process by providing strategic financial advice and analysis. Sound independent third-party advisory services will help ensure creditors' concerns are addressed and enable a plan to be confirmed.
Debt Placement:
There are times when it is necessary to find a replacement lender that better suits the needs of the company. Draper Captial Advisors has extensive contacts in all forms of commercial lending that can help match a company with the right lender.
Real Estate Owned:
Draper Capital Advisors has extensive experience in the liquidation of an institutions real estate owned portfolio. Throughout Mr. Draper's career he has been involved in the build-out and liquidation of in excess of 100 properties held by institutions he worked for.
Due Diligence & Document Review:
Having participated in over 40 bank acquisitions throughout his career, Mr. Draper brings a strong background in due diligence and document review. Draper Capital Advisors is available to assist lending institutions or debt buyers in all manners of due diligence.
Special Servicing:
Draper Capital Advisors with it's deep history in commercial real estate lending and default resolution can act as a special servicer for CMBS loans. These services include workout and litigation, as well as REO liquidation if required.
References:
References are available by request.