Michael VanderLey
Michael Vanderley is a partner at Force 10 Partners LLC in Newport Beach, Calif. He is a career real estate and capital markets professional with an extensive background originating and asset-managing real estate equity and debt investments, and he has more than 15 years of advisory and consulting experience. Mr. Vanderley works with public and private sponsors, operators, investors and real estate-dependent operating companies with respect to asset and portfolio-level transactions, debt and equity financings, restructurings, and business combinations including joint ventures and M&A, and on strategic issues affecting enterprise value. Over the course of his 30+ year career, he has led transactions involving every major real estate asset class and has originated, acquired, advised on or managed investment positions at every level of the capital structure and across the return spectrum from core to opportunistic. Mr. Vanderley has special-situations experience, hav-ing represented debtors, secured creditors, creditors’ committees and equity interests in connection with numerous restructurings and chapter 11 cases — including leading and advising on financing and sale processes totaling more than $5 billion. In addition, he has served as testifying expert or consultant to counsel on engagements involving chapter 11 interest rate and plan-feasibility matters, leasehold valuation and damages, partnership disputes, underwriting procedures, loan servicing and administration, and real estate capital markets conditions. Prior to joining Force 10, Mr. Vanderley was a senior managing director at FTI Consulting, where, as part of its Corporate Finance segment and as a member of its Real Estate Solutions group, he led the Real Estate Capital Markets practice within FTI Capital Advisors, LLC, an investment banking subsidiary of FTI. Before that, he was vice president and West Region leader for the Structured Finance division of Archstone, and he held senior management positions at Essex Property Trust and Calyon Corporate and InvestmentBank (a Credit Agricole Group subsidiary), and he served as CIO for a San Francisco-based real estate private-equity firm focused on opportunistic and value-add investments. During the 1990s,Mr. Vanderley served as the senior west coast real estate professional for a national restructuring advisory boutique. He began his career in the real estate consulting division of Laventhol & Horwath. Mr. Vanderley is a frequent speaker at industry conferences and seminars on interest rate and capital markets trends, developments in real estate chapter 11 cases, mezzanine debt and other junior financing structures, and distressed-debt and special-situation transaction flows. He received his B.S. in business administration and finance from Arizona State University and is a member ofABI, the CRE Finance Council, the Mortgage Bankers Association and the Urban Land Institute.