Case Studies

Strategic Consulting

Outlined the disposition strategy for the Greater Kelly Development Corporation (GKDC) in San Antonio, Texas to identify federal, state and regulatory issues associated with disposition of the utility systems. Assistance included developing a financial strategy that maximizes the best combination of cash payments, lower utility rates, risk reduction, capital upgrades, and operating cost avoidance. Also conducted Rapid Prototyping (rapid activity based costing) to quickly and accurately capture the true cost of utilities on both Kelly AFB and Lackland AFB.

Fair Value of Partnerships’ Interests for Real Estate Developer

Accumyn’s expert provided testimony in connection with the dissolution of a commercial real estate development and management partnership, based on the minority partner’s claims of breach of contract, breach of fiduciary duties, and other causes of action. Accumyn analyzed the company’s internally developed financial models and subsequent project appraisals to determine the fair value of the partnerships’ carried profit interests in nine joint-venture projects related to cargo warehouses and related office space. Additional damages were based on the expected value of continuing development and management fees.

Fair Value of Physician Partnership with Hospital System

Accumyn’s expert provided testimony on the dissolution of a commercial real estate development of a prominent hospital system and management partnership of physicians, based on the minority partner’s claims of breach of contract, breach of fiduciary duties, and other causes of action. The Accumyn team determined the fair value of the partnerships’ carried profit interests in nine joint-venture projects related to cargo warehouses and related office space. Fair value was determined through consideration of the company’s internally developed financial models and subsequent project appraisals.   Additional damages were derived from the expected value of continuing development and management fees.