Case Studies / Notable Assignments

June 2009

In May 2009, BankUnited FSB, was quickly taken over and sold to a private group led by John Kanas and Wilbur Ross. In a fast paced environment the new ownership has turned to RMRC to assist in updating values on its existing commercial loan portfolio. With a committed team of associates able to capitalize on local knowledge and enhanced valuation technolgies, we are able to provide our clients with timely and competent service.

November 2008

Founded in 1997 by construction industry veterans, James O’Brien and Derrick Caglianone, Jimerico Construction has grown into a nationally recognized building contracting firm setting the standard for excellence. Jimerico Construction offers a mix of preconstruction, construction management, general contracting and design/build services across a broad spectrum of market sectors to clients nationwide. In 2008, Jimerco formed a professional relationship with Roe Minor to provide valuation and market consulting on various commercial portfolios.

September 2008

Roe Minor has been hired for valuation advisory services on a new 300,000 sf project adjacent University of Miami/Jackson Memorial Hospitals. The joint venture development team engaged Roe Minor for its expertise in large projects and because of a long-standing relationship. The project breaks ground late 2008 and will approach $126 million in construction costs. "This is a large project in a turbulent market, however the expertise of the developers, the preleasing in place to a large credit tenant, and the location around 3 hospitals all point to a feasible deal" said Charlie Minor, President of RMRC.

January 2006

Roe Minor consulted a New York Investment firm on development potential, Highest and Best Use, and land values for the Fontainebleau expansion in Miami Beach After numerous firms from out of the South Florida area provided reports and information that were contradictory, RMRC through its local knowledge navigated the problems and assisted the developer and its investment partners. "We were able to provide real market insight as to the development potential, the market acceptance, and the ultimate impact on value, so that the developer could refine its development plan".

Fontainebleau Miami Beach is reopening Fall 2008 following a $1 billion renovation and will have 1,504 guest rooms on 22 acres with signature restaurants, nightclubs, and a 40,000 square foot spa.