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DOHENY EASTERN EUROPE COMPANY OVERVIEW
Doheny Eastern Europe (“Doheny”) is a subsidiary of the Doheny Global
Group, a diversified financial services company including investment
banking, real estate and project finance, project development and
asset management. Doheny bridges the gap between Eastern European
entrepreneurs in need of capital and western investors seeking to
access deal flow in the Former Soviet Union. Based out of Los Angeles,
CA, the Doheny team has extensive experience with structuring financial
transactions, accessing capital markets, and delivering high quality
investment opportunities to investors.
Doheny develops and manages a team of experienced leading western
architects and western general contractors with extensive experience
in the FSU that will manage all aspects of building design and construction.
Doheny has also developed joint venture alliances with some of the
pre-eminent real estate developers in former Soviet Union that will
provide land, capital, and valuable experience in local markets.
Doheny,
through its DohenyAvest
joint venture. is developing a 56 hectare mixed use residential development
on the Black Sea in Odessa, Ukraine. The project has projected sales
value in excess of $500 million.
Doheny operates a local development office based out of Kiev that
serves as a local nerve center for all development projects. The office
is staffed with a professional team that coordinates the on-the-ground
efforts of the design and construction teams. Doheny engages world
class leading real estate advisory firms to provide consultation on
market feasibility, leasing, land use, valuations, etc.
Doheny has held discussions with European banks with experience in
Eastern European project finance regarding construction/permanent
project loans. These institutions have indicated that based upon the
proposed selection of general contractors, architects and transparent
operating policies and procedures that Doheny would implement; such
loans would be of a western institutional quality. Thus such banks
have indicated their desire to originate and syndicate, if necessary,
such loans. Due to the institutional nature of the loans, the cost
of such financing would be significantly below current rates available
within the banking system in countries of the former Soviet Union.
The banks’ interest in such loans is based on Doheny’s unique approach
to project development, whereby control over all aspects of the project
is managed by western companies, using western procedures, standards,
and controls.
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