REALTY CAPITAL SOLUTIONS

What REALTY CAPITAL SOLUTIONS does

Realty Capital Solutions LLC (RCS) is a privately-held professional services firm specializing in real estate consulting and expert witness services for troubled real estate assets. The firm is structured around four principals — Richard Ferrell, John Hawkins, Stark Langs, and Hernan Martinez — each bringing 35+ years of experience in distressed real estate, workouts, restructuring, and litigation support. RCS delivers six practice areas: Advisory, Bankruptcy, Disputes/Litigation, Investigations, Receivership, and Workouts/Restructuring, with capabilities spanning all major real estate asset classes including mixed-use complexes, office buildings, shopping centers, hotels, resorts, golf courses, wineries, timeshares, and land development. The firm's collective principals have handled thousands of properties and loans valued at over $15 billion in troubled real estate matters since 1971.

RCS generates revenue through engagement-based professional services contracts, typically retained by law firms, financial institutions, government agencies, developers, and individual investors. The client base includes over 50 law firms (national practices and local boutiques such as Gibson Dunn, DLA Piper, Pachulski Stang Ziehl & Jones, and Milberg Weiss/Seeger Weiss) and prominent financial institutions including Bank of America, Wells Fargo, JP Morgan Chase, Fannie Mae, U.S. Bancorp, and Berkadia Commercial Mortgage. Federal agencies such as the U.S. Department of Justice, U.S. Department of Labor, and FDIC have retained the firm, including six precedent-setting DOJ cases over six years. Notable case precedents include testimony in the Bonner Mall case, which helped establish the Ninth Circuit's "New Value" exception to the Absolute Priority Rule, and a $120 million consensual claim resolution for a secured creditor in the Waikiki Beach resort bankruptcy. Pricing is not publicly disclosed and operates on a quoted/engagement basis.

The firm extends its service offering through a curated affiliate network including hospitality specialists (Champ Hospitality), market research (THK Associates, 20+ year relationship), national valuation (Integra Litigation Group), capital markets access (Realty Capital International), securities expertise (Capital Markets Management Consultants), Switzerland-based forensic accounting, and transportation consulting. This bench enables cross-border engagements spanning the U.S., Latin America, Middle East, Europe, and Africa. RCS has no proprietary technology platform and operates as a relationship-driven expert services firm with offices anchored in Colorado, California, and Texas corresponding to its principal locations.

Name

REALTY CAPITAL SOLUTIONS

Legal name

Realty Capital Solutions LLC

Website

https://realcapsolutions.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Realty Capital Solutions LLC is a professional services firm specializing in real estate consulting and expert witness services for troubled real estate assets. Four principals with 35+ years of experience serve law firms, financial institutions, and government agencies.

Ownership category

akta.pro rank

Product category

Real Estate Consulting Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

akta.pro secondary industry

Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)

Keywords

• Real estate consulting
• Troubled asset advisory
• Expert witness testimony
• Workout restructuring
• Bankruptcy litigation support

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Professional Services - Advisory and Consulting: RCS provides real estate consulting services including workout and restructuring advisory, due diligence, property evaluation, and strategic planning. Services are engagement-based, typically retained by law firms, financial institutions, and government agencies.
2. Expert Witness and Litigation Support: RCS provides testifying expert services and litigation consulting in bankruptcy, disputes, and litigation matters including Chapter 11 plan feasibility, interest rate determination, and damages analysis.
3. Receivership Services: RCS provides receivership services including foreclosure assistance, asset stabilization, financial analysis, business planning, and loan restructuring facilitation.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Realty Capital Solutions LLC (RCS) is a professional services firm specializing in real estate consulting and testifying expert services focused on troubled assets. The firm delivers advisory, bankruptcy, disputes/litigation, investigations, receivership, and workouts/restructuring services to law firms, financial institutions, government agencies, real estate developers, and individual investors.

Product overview

Realty Capital Solutions LLC is a professional services firm specializing in real estate consulting for troubled assets. The firm offers five integrated service lines: Advisory Services, Bankruptcy Services, Disputes and Litigation Services, Receivership Services, and Workouts and Restructuring Services. These services are delivered by experienced principals with 35+ years of expertise across all real estate asset classes. RCS provides both consulting and testifying expert services, assisting clients ranging from major financial institutions to individual investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Advisory Services Real estate advisory and consulting services including property evaluation, due diligence, financing strategy, entitlements, development strategy, and disposition planning for clients with troubled real estate assets.
• Bankruptcy Services Chapter 11 bankruptcy litigation consulting and expert witness testimony, including plan feasibility analysis, appropriate interest rate determination, cost to complete analysis, and secured creditor analysis.
• Disputes and Litigation Services Real estate litigation consulting, expert witness testimony, damages analysis, forensic analysis, and investigation support for civil and criminal litigation on failed real estate investments and financings.
• Receivership Services Comprehensive real estate receivership services including foreclosure assistance, asset stabilization, financial analysis, business planning, cash management, lease and property management, and loan restructuring outside of bankruptcy.
• Workouts and Restructuring Services Troubled asset workout and restructuring services including cost analysis, lease negotiations, capital structure restructuring, development completion management, and negotiation of loan terms and conditions for mixed-use and hotel properties.

Quantifiable outcome

• Over 50 Chapter 11 bankruptcy cases with litigation consulting and expert testimony provided
• +5 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor and core.

• Capital Markets Management Consultants, LLC (Charles Bennett)minorImplementation/ SI/ Consulting PartnerCharles Bennett has teamed with RCS on engagements involving real estate securities. He is a senior capital markets executive and corporate securities lawyer with over 30 years' experience in real estate syndication, private placement distributions, and registered public offerings. His firm is based in the Philadelphia metropolitan area.
• Champ Hospitality (Joe Champ)coreImplementation/ SI/ Consulting PartnerJoe Champ teams with RCS when engagements involve hotels, resorts, or golf. He has hands-on experience as senior executive with Wyndham International, Starwood Hotels and Resorts, Westin Hotels, Cobblestone Golf Group, and American Golf Corporation. He is an experienced testifying expert witness.
• THK Associates (Dan Conway)coreImplementation/ SI/ Consulting PartnerDan Conway is a nationally recognized expert in real estate market research and project feasibility. With his staff at THK Associates, he has worked with RCS for over two decades providing data, market analyses, and real estate insights. He is a sought-after testifying expert witness in real estate markets, development, entitlements, and project planning.
• Integra - Litigation Group (Steve Crosson, MAI)coreImplementation/ SI/ Consulting PartnerSteve Crosson is National Practice Leader of the Litigation Group of Integra, one of North America's largest independent appraisal companies. He has over 40 years of experience in real estate valuation with national scope, focusing on litigation support. He teams with RCS when valuation is an issue.
• Realty Capital International (RCI) - Sally JenningscoreStrategic or Co-development PartnerSally Jennings is President of Realty Capital International based in NYC, a boutique real estate investment banking firm that has executed over $9 billion of real estate transactions. She provides RCS with access to New York's capital markets and expertise in loans secured by real estate, equity and mezzanine instruments, and family office operations.
• Switzerland-based Forensic Accounting Team (Geoff Senogles)coreImplementation/ SI/ Consulting PartnerGeoff Senogles is a forensic accounting expert with considerable experience in international proceedings. Based in Switzerland near Geneva since 2000, he has testified in legal proceedings over 40 occasions. RCS and Geoff have worked together on international cases including government takings of hotel/casino developments and international bank loan irregularities.
• Transportation Consulting (Larry Shughart)minorImplementation/ SI/ Consulting PartnerLarry Shughart is RCS' transportation consulting affiliate. During his 25-year career, he has led consulting engagements on railway feasibility studies, railway revitalization, asset utilization, and strategic analyses. He has worked on railroad projects in over 20 different countries.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• CBRE (Advisory & Consulting): World's largest commercial real estate services firm with valuation, advisory, and consulting practices. Competes with RCS on real estate due diligence, distressed asset valuation, and restructuring engagements at the institutional scale RCS cannot match.
• FTI Consulting: Large global advisory firm with a dedicated Real Estate Solutions and Corporate Finance & Restructuring practice providing expert witness, valuation, and distressed asset services. Significantly larger than RCS but competes directly for high-stakes real estate bankruptcy and litigation engagements.
• Alvarez & Marsal: Global professional services firm specializing in turnaround management, restructuring, and dispute analysis. Competes with RCS on distressed real estate workouts, receiverships, and expert testimony, but operates with a much larger bench and broader service portfolio.
• Ankura Consulting: Specialized advisory firm offering restructuring, expert witness, and disputes services. Comparable to RCS on litigation consulting and bankruptcy expert work, with broader reach and more diversified service lines.
• Kroll (Restructuring Practice): Global advisory firm with restructuring, valuation, and expert services practices. Competes with RCS for distressed real estate mandates, forensic and damages analysis engagements, and testifying expert roles.
• Houlihan Lokey (Real Estate Group): Independent investment bank with a dedicated Real Estate, Lodging & Leisure group providing restructuring and special situations advisory. Competes with RCS for restructuring mandates involving troubled real estate borrowers and lenders.
• JLL (Real Estate Advisory): Global real estate services firm offering valuation, capital markets, and restructuring advisory. Adjacent competitor for institutional distressed real estate advisory mandates where scale, capital markets reach, and integrated services matter.

Direct peers

• Berkeley Research Group (BRG): Expert-driven consulting firm with strong practices in real estate, bankruptcy, and expert testimony. Most directly comparable peer to RCS in terms of expert witness and litigation consulting model, though BRG is materially larger with a broader geographic footprint.
• GlassRatner Advisory (a B. Riley company): Financial advisory and expert services firm specializing in bankruptcy, litigation support, and real estate disputes. Highly comparable in size, model, and practice mix to RCS, frequently retained as testifying experts in complex real estate matters.
• Epiq Systems (Corporate Restructuring): Provider of bankruptcy administration and corporate restructuring services. Adjacent competitor to RCS on receivership and distressed asset administration matters where RCS's receivership practice overlaps with Epiq's restructuring capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/realty-capital-solutions-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about REALTY CAPITAL SOLUTIONS