Joel Mostrom Joins Alvarez & Marsal Real Estate Advisory Services

ATLANTA--(BUSINESS WIRE)--Alvarez & Marsal, a leading independent professional services firm, specializing in performance improvement, turnaround management and business advisory services, announced that Joel Mostrom has joined the firm’s Real Estate Advisory Services practice as a senior director. He is based in Atlanta.

“Joel’s financial and operational real estate expertise coupled with his private equity experience makes him a valuable addition to our growing team.”

Alvarez & Marsal continues to expand the firm’s Real Estate Advisory Services practice to serve clients both domestically and abroad. Recently, the firm added Scott Morey as the London-based head of A&M’s European real estate practice and Klaus Kretschmann joined the firm as the national practice leader for Receivership Services / Distressed Real Estate based in New York.

With more than 20 years of real estate industry experience, Mr. Mostrom has an extensive background developing strategic business plans, operating budgets and restructuring plans, arranging all levels of public and private financing, and negotiating acquisitions, divestitures and joint ventures. Prior to joining A&M’s Real Estate Advisory Services Practice, Mr. Mostrom was a senior director with A&M’s Private Equity Services Operations Group in New York City where he served as interim CFO for a number of companies acquired by private equity firms.

“Commercial real estate investors will face mounting challenges as billions of dollars of debt come due over the next few years,” said Michael Camp, global head of Alvarez & Marsal's Real Estate Advisory Services Practice. “Joel’s financial and operational real estate expertise coupled with his private equity experience makes him a valuable addition to our growing team.”

Prior to joining A&M, Mr. Mostrom was executive vice president and chief financial officer of Chesapeake Corporation, a publicly traded international supplier of packaging products, where he was responsible for treasury, accounting, financial planning and analysis, SEC and management reporting, investor relations, information technology and risk management. He also gained significant experience raising both public and private debt and equity throughout the U.S. and Europe. Prior to his role as CFO, Mr. Mostrom was president of Chesapeake’s real estate subsidiaries that managed and developed approximately 45,000 acres of land and approximately three million square feet of company owned and leased commercial property. Earlier in his career, Mr. Mostrom served as chief financial officer, and most recently, president of Curtis F. Peterson Inc., a private real estate developer that builds homes and office buildings in the Washington, D.C. metropolitan area.

Mr. Mostrom earned a bachelor’s degree in accounting from the University of Maryland and is a certified public accountant (CPA).

Alvarez & Marsal Real Estate Advisory Services

Alvarez & Marsal Real Estate Advisory Services, LLC advises owners, investors, lenders and users of real estate throughout the real estate lifecycle – enabling clients to combat current economic related challenges as well as position them for future success. Services range from pre-acquisition due diligence and transaction advisory to receiverships, loan workouts and exit strategies, including real estate asset management, which it is currently providing to Lehman Brothers, among many other entities.

Alvarez & Marsal draws on a deep operational heritage and hands-on approach to deliver comprehensive performance improvement, turnaround management, business advisory and interim management services that produce meaningful – and lasting – results when time is of the essence. Its clients range from global enterprises to middle market companies that are both publicly held or privately owned, as well as large and mid-cap private equity firms, corporate management and boards of directors. A&M applies its capabilities across industry sectors, with dedicated industry expertise in financial services, healthcare, real estate and the public sector.

For more information on Alvarez & Marsal Real Estate Advisory Services, visit http://www.alvarezandmarsal.com/realestate.