MACCO – HSG Strategic Alliance
Experienced Real Estate Leadership
With real estate challenges roiling markets following the pandemic, Macco Restructuring Group and H.S. Grace have formed a strategic alliance that offers clients access to broad business and restructuring expertise combined with extensive senior leadership experience in all aspects of real estate, including:
Dan Brill spent 30+ years at Citigroup where he served as Head of Non-Performing Commercial Estate Loan Sales, coordinated the bank group on the Trump bankruptcy, and assisted on the Rupert Murdoch loan restructuring. Previous positions included Chief Risk Officer of Treasury and Trade Solutions, Industry Portfolio Risk Manager, Global Head of Leveraged Capital and US Loan Restructuring and Head of European Leveraged Capital.
Stephen Grace brings planning, construction, management and marketing experience across commercial, residential and mixed-use projects, and served as the senior operations and financial officer for two major mixed-use projects. His troubled real estate experience includes directing to completion a high-rise luxury condominium where the developer and both lenders had gone into bankruptcy and serving as financial advisor and real estate consultant overseeing the sale of large retail chains and shopping centers, office buildings, residential real estate holdings and major undeveloped tracts across the U.S.
Ed Grun, a National Council of Architectural Registration Board Certified architect, was Director, Gensler Architecture, Interiors and Planning Worldwide (retired), a global architecture, design and planning firm. His project team management expertise spans a wide range of commercial and industrial facilities, land, public sector projects and residential.
Pete Howell was a Direktor and senior credit officer for Deutsche Bank. His responsibilities included approval and oversight of the credit process, recovery of complicated problem loan situations and the development of new corporate banking business. He served as Chair, Official Unsecured Creditors Committee of the LJ Hooker International bankruptcy.
Larry Prendergast served as Treasurer of AT&T and subsequently as the Chair of the AT&T Pension Fund with worldwide investment responsibilities including real estate. He continues to serve as an advisory director to international financial institutions.
Richard Schrader served 28 years with Parsons Brinkerhoff, Inc., a multi-billion-dollar international engineering and construction company, as CFO, vice chair and chair. His senior project design/build responsibilities spanned strategic planning, M&A, corporate governance, risk management, real estate, insurance, government contracts, finance and accounting, treasury, internal controls, joint ventures and corporate administration among other areas. He coordinated a merger of Parsons Brinkerhoff with Balfour Beatty PLC and subsequently served as a director and board chair of American Bridge Holding Company.