MELVILLE, NY--(Marketwire - Oct 24, 2012) - Commercial real estate consulting, advisory and investment group A&G Realty Partners announced today that retail real estate turnaround specialist, Michael Jerbich has joined the firm as a partner, adding more depth to A&G's capabilities, while the company continues to win new engagements with some of the leading companies in the U.S.
Michael Jerbich is best known for his creative deal making and ability to facilitate M&A transactions on behalf of retailers. He has structured and guided some of the leading U.S. retailers, such as Dollar Tree, Anna's Linens, Aldo, and others in the acquisition of hundreds of leases as part of his clients' respective growth strategies. Marie-Andrée Boutin, Vice President of Real Estate for Aldo Group, currently working with him on an acquisition, says, "Michael's bankruptcy expertise is invaluable to Aldo when we seek growth opportunities." Alan Gladstone, CEO of Anna's Linens, a rapidly growing specialty retailer adds, "We simply don't look at acquisition opportunities without getting Jerbich's input." In addition to facilitating M&A activity, Mr. Jerbich specializes in retail turnarounds where real estate and renegotiating leases are crucial to a company's success. Over his career, he has achieved hundreds of millions of dollars in savings for his clients.
Mr. Jerbich will be actively involved in the A&G equity business, playing a key role in deploying capital in situations where it is needed to create liquidity, "fix a problem" or assist in making acquisitions. Bringing together A&G's real estate expertise and inventory and fixed asset disposition partners, he will help create a Full Asset Solution for A&G's retail clients. Notes A&G co-president Andy Graiser, "Michael brings an enormous amount of deal-closing experience to the firm, and is particularly adept when it comes to the management of delicate financial situations. His wealth of experience will add immeasurably to our present lineup, broadening the range of what we can achieve for our clients."
Michael Jerbich has worked for some of the largest retailers in the country, including Linens-n-Things, Shopko, Pamida, Sharper Image, Dollar Tree, Blockbuster, and Loehmanns, to name just a few. Prior to joining A&G Realty Partners, he was a Senior Managing Director for DJM Realty, a Gordon Brothers Group Company for 6 years. Before that, he was a Vice President at Hilco Real Estate.
"In joining A&G Realty Partners, I've walked into the best possible opportunity for me. I look forward to the flexibility that the firm's unique structure offers coupled with its capital and the incredible team built by Andy and Emilio, which ultimately means better and broader services offered to our clients," notes Mr. Jerbich.
For more detailed information about A&G Realty Partners, please visit www.agrealtypartners.com.
About A&G Realty Partners
Emilio Amendola and Andrew Graiser launched A&G Realty Partners in July 2012, and have established a national platform which includes offices in New York, Chicago and LA. Since their launch, they have been engaged by Supervalu, Pier 1, QuikSilver, Charming Shoppes, Orchard Supply, Loehmanns, 77 Kids and the Henry Wine Company. As well as a range of consulting services including assessment, valuation, disposition, and lease renegotiation, A&G brings a differentiating factor to its services offerings, providing a range of capital solutions that aim to generate the optimal long-term outcome for a given asset. Amendola and Graiser have been working together for over 20 years, during which time they established, individually and as a team, a national, industry-wide reputation for integrity, persistence, and creativity, while achieving unparalleled results. Together, they have managed the largest retail disposition and restructuring projects in North America, assisted the full spectrum of retailers from troubled to healthy, created and successfully executed strategies on out-of-court transactions that have allowed more than 35 companies to avoid chapter 11, and have helped more than 100 healthy retailers dispose of or restructure real estate, and assisted them in acquisitions or non-core divestitures.