IRVINE, CA and ATLANTA (December 2, 2009) - Thompson National Properties and The Dawson Company announced today they have formed Thompson Dawson Real Estate Services (TDRE); the company is committed to helping governmental and institutional clients navigate the current challenging real estate market. TDRE will offer an array of real estate management and consulting services to domestic and foreign clients by leveraging the combined expertise and capacity of the parent companies. The complementary lines of business, national scale and global reach signified by this partnership uniquely combine to create and support a truly world class real estate advisory services firm.
Developed under the vision of founding partners Anthony W. "Tony" Thompson and Harold A. Dawson, Jr., the new venture will offer asset management and receivership services, real estate investment management, consulting and development services. The firm will have a strong government and public-private partnership (P3) focus, with a suite of services tailored specifically for public sector clients. The services will include build-to-suit capabilities, asset management, business planning/consulting, P3s, and development management with an emphasis on environmental sustainability and "green" construction.
Thompson National Properties brings a scalable international platform for providing accounting and investment services, along with extensive commercial asset and property management operations, and long-term relationships with capital investors. These unique capabilities and resources will complement The Dawson Company's expertise in sustainable development, including smart growth and green building technology, its proficiency in government-owned asset management, and its capacity for multi-level financial structuring, integrating public and private financial resources in creative P3 transactions.
"I'm thrilled to be working with Harold and his very experienced team in this venture," said Thompson, CEO of Thompson National Properties. "In the current environment, experience, track record and integrity are key drivers and Dawson's 50-year legacy is unparalleled in providing consistent results with owners, lenders, tenants and public agencies."
"This is an exciting undertaking and I'm really pleased to have found a great partner with whom to work," Dawson, president and CEO of The Dawson Company said. "This venture is synergistic because of the firms' combined experience and complementary attributes. Our company's skills and background in all aspects of development and real estate endeavors with local, state, and federal governments, coupled with Thompson's asset management and capital-raising capabilities, truly give Thompson Dawson Real Estate Services an unmatched ability to build and deliver value."
The Dawson Company is a second generation African-American real estate firm with expertise and proficiency in environmentally sustainable mixed-use development. It also boasts a long history of working with governments at the municipal, state and federal level in a myriad of activities from P3s to asset management and advisory/consulting assignments. The Dawson Company honed its asset management skills working with the Resolution Trust Corporation (RTC) as the only 100% African-American owned SAMDA contractor with a portfolio of approximately $400 million of real estate assets and performing/non-performing loans.
Thompson Dawson Real Estate Services is headquartered in Irvine, CA and Atlanta, GA with regional offices nationwide. The firm will initially focus on expanding the portfolio of assets already managed, marketing its government and public-private partnership expertise and showcasing its experience in asset management, build-to-suit and development. Thompson Dawson Real Estate Services' affiliates currently manage 97 properties located in 30 states consisting of approximately 15.7 million square feet and with projected 2009 gross rental revenue of $200 million.
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