Alan Kravets is a Real Estate Brokerage and Law Expert who is well versed in Fiduciary Duties to the Court and has experience in many areas of disputes, such as: Contracts, Listing Agreements, Commissions, Due Diligence and Title Issues. As a result of his experience, over a long and successful career, he has a keen insight into all aspects of Standard of Care, custom and practice, malpractice and negligence issues and how they may apply to a particular fact pattern causing the dispute. He is an expert's expert starting with the legal department at Chicago Title. Then, while a partner in a 30 person law firm for 15 years, he worked out a billion dollars of loans and asset disposition disputes, and has also cross examined experts in chancery cases and understands the role of an expert. He is a licensed Real Estate Broker in 13 states structuring disposition solutions on 100 different asset classes of real estate and businesses.
ALAN R. KRAVETS alan@kravets.net
SUMMARY:
• Attorney & Corporate General Counsel 25-year legal career, building a 30-person law firm, managing the full compliment of legal strategies and functions in a sophisticated real estate arena. Additionally, as in-house General Counsel of a national, privately held company with numerous subsidiaries. Highly proficient in real estate contracts, and commercial law, augmented by proficiency in transactional matters. Articulate, persuasive, and seasoned negotiator, skilled in relationship and team building. Able to merge business expertise and executive qualifications with legal expertise to drive successful outcomes
• High-Performance Professional Accustomed to, and effective in, high-profile situations and solving complex problems. Accomplished in the arts of communication, negotiation, and teamwork. Strategic thinker and intellectually agile individual possessing keen instincts, visionary insight, precision timing, a passion for excellence and continued intellectual growth. Excellent role model for dedication, discipline, loyalty, ethical behavior, and uncompromising integrity
BUSINESS & LEGAL EXPERTISE: • Vision, Strategy, Execution & Leadership • Turnaround & Restructuring Strategy • Real Estate Transactions • Corporate & Commercial Transactions • Public Relations & Marketing • Business & Legal Counselor • Values & Ethics • Contracts / Licensing • Crisis Communication • Disposition Strategies
ADMISSIONS: • Illinois Supreme Court • United States District Court - Northern District of Illinois • Court of Appeals - Seventh Circuit
REAL ESTATE LICENSURE: • Arizona • Georgia • Massachusetts • New York • Wisconsin • Connecticut • Illinois • Michigan • Texas • Florida • Indiana • New Jersey • Virginia
PROFESSIONAL EXPERIENCE: ARROW EQUITIES, LTD. And MADISON HAWK Chicago Illinois 2014-Present HILCO REAL ESTATE, NorthBrook, Illinois 2012-2014 Senior Consultant • Independent Consultant • Led formation of Hilco Real Estate Auctions as its Co-founder, Executive Vice-President & Legal Counsel 2014
SHELDON GOOD & COMPANY, Chicago, Illinois 1990-2011 President/Executive Director/General Counsel • Managed all general corporate and regulatory legal work for parent and subsidiary companies operating across the country • Developed a form Purchase and Sale Agreement for commercial and residential property used by Sellers and their counsel throughout the United States and Canada • Created and managed numerous joint venture agreements with strategic marketing partners in New York, Boston, Philadelphia, and California, as well as NACORE (National Association of Corporate Real Estate Executives) and The National Association of Realtors • Instrumental in developing the legal structure and documentation for a sale program for K-Mart Corporation • Developed the first Loan Sale by Auction program at Sheldon Good & Company • Drafted and led due diligence efforts for over 100 different asset classes and marketing programs comprising public relations, e-marketing, media selection & placement, production of ad copy, and printed marketing materials. - Developed telemarketing programs, both incoming and outgoing - Managed the sale of over $1B of real estate. • Created and implemented individual and portfolio sales of multiple property programs for: -IBM: major complex in Dayton, New Jersey -BP Oil: 44 properties in Ohio - Amoco: 50 properties in Illinois Wisconsin, and Indiana -Con Rail: 100 properties in New Jersey, Ohio, and Illinois -Confederation Life Insurance Company: 30 properties in 4 provinces of Canada (Alberta, Saskatchewan, Manitoba, and Ontario) -New York Life Insurance Company: 10 properties in Alaska, Wyoming, Oklahoma, Texas, and Kentucky. -MetLife: hotel property in Illinois -Treasurer, State of Illinois: 2 hotel properties in Illinois -JP Morgan Trust Department: sale of trophy home estate, Horizon Farms, Barringotn, -Illinois - $19.6MM -Numerous sales in Bankruptcy Chapter 7 and 11 -Acted as Receiver and Expert Witness in numerous cases • Led structuring for disposition and workout strategy between a participant loan group and Donald Trump, resulting in a $19MM sellout of the remaining.
PORTES, SHARP, HERBST & KRAVETS, Chicago, Illinois 1980-1990 Founding Partner • Represented numerous sellers, buyers, lenders, and brokers for 25 years in Chicago and throughout the United States • Structured format for use of auctions for workouts and insolvency. • Directed the workout of 15 participation construction loans exceeding $1B, with 152 Banks and Savings & Loans as participants. - Managed the legal and business relationships among numerous geographical disbursed participant groups and borrower; organized a team to develop business, regulatory, and legal strategies to maximize the net realizable value for each asset. - Applied traditional and innovative real estate law principles and practices in the lender participation, loan group, lender / borrower relationship, and the lender / seller & purchaser phase; achieved disposition of all assets without litigation • Represented and counseled a national savings bank in the management and disposition of a portfolio of 63 properties in ten states, valued in excess of $1B.
ADDITIONAL EXPERIENCE: Attorney: Much & Shelist, Chicago, Illinois Simon, Teitlebaum & Wolfberg, Chicago, Illinois Chicago Title & Trust Company, Chicago, Illinois EDUCATION: Universtity of Michigan - Law School, Ann Arbor, Michigan Received Juris Doctor Emphasis: Real Estate Law, Banking, Taxation, and Creditor's Rights Delta Theta Phi Law Fraternity University of Michigan, Ann Arbor Michigan Received Bachelor of Business Administration Emphasis: Real Estate, Finance, and Management Honors Program: English, Politcal Science & International Relations
AFFILIATIONS: • American Bankruptcy Institute (ABI) • Association of Attorneys & Executives in Corporate Real Estate (AECRE) • Chicago Bar Association • Chicago Association of Realtors • National Association of Realtors • National Golf Foundation • Turnaround Management Association ( TMA)
PROFESSIONAL ACTIVITES: • The John Marshall Law School Center for Real Estate Law, Advisory Board Member • Chicago Bar Association, - Real Property Law Committee Member & Former Executive Committee Member - Former Chairman of the Title & Conveyance Subcommittee • Association of Attorneys & Executives in Corporate Real Estate (AECRE) , Board Member & Convention Program Speaker • Turnaround Management Association (TMA), Former Board Member - Chicago Chapter
LECTURES: Numerous speaking designations, awards, and qualified to lecture on Continuing Legal & Real Estate Brokerage Education matters, as well as general Real Estate Disposition Strategies, for the following organizations: • Wisconsin Realtors Association • Michigan Auctioneers Association • Illinois State Bar Association • Chicago Bar Association • Federal Home Loan Bank of Illinois • Federal Home Loan Bank of New York • National Council of Savings Institutions • John Marshall Law School - Center for Real Estate Law • Numerous Law Firms HONORS: • Lambda Alpha International (Honorary Land Economics Society), Member • Economic Club of Chicago, Member PUBLICATION & PRESENTATIONS: • Lecturer - Real Estate Law & Auctions, The John Marshall Law School • Key Speaker & Presenter at 4 Workshops, Michigan State Auctioneers Association • "Strategic Planning for the Disposition of Real Estate Owned" (Speech) • Speaker, Insurance Company, Commercial Mortgage, & Real Estate Investing Summit • Speaker on Real Estate Auctions, Wisconsin Commercial Realtors • Going, Going, Gone! - Probate & Property, American Bar Association • A Guide to Representing Sellers at Auction - The Complete Lawyer, - American Bar Association • The Auction Advantage in the Disposition of Real Estate - The Secured Lender, - Commercial Finance Association • Video Workshop on Avoiding & Solving Major Real Estate Lending Problems, - Federal Home Loan Bank of New York • Legal Aspects of Problem Commercial Real Estate Loans - Bank Notes - Federal Home Loan Bank of Seattle publication • Suggested Guidelines for Closing Real Estate Transactions - Chicago Bar Association - Real Property Law Committee PHILANTHROPIC ACTIVITIES: Spearheaded the Sheldon Good & Company charitable auction program, raising millions for charities including: The American Heart Association; American Diabetes Association; Thresholds; Special Olympics; Junior Achievement; Chicago Gateway Green; Pritzker Military Library; The Congressional Medal of Honor Foundation; and many others ~References available upon request~