As CRO of a troubled manufacturer / wholesaler of retail products, implemented strategic plan that returned 100% to secured lender and a return to shareholders.
Stapleton optimized the value of a bank-owned dairy farm operating as a feed lot and sold it in a competitive process. We maximized the bank’s recovery by negotiating a new lease with the current tenant prior to selling the property.
Stapleton achieved the lender’s targeted return of capital on its loan to a foreclosed vineyard suffering from severe capital constraints.
After a home builder was unable to complete three large track home developments in Arizona due to insufficient capital and a weak market, successfully finished construction and sold the homes in 8 months, generating proceeds exceeding the lender’s expectations. Many of the homes sold for more than appraised value, despite a weak market. The lender avoided negative press that would have resulted from a foreclosure.