Michael Vanderley

Michael is a Partner at Force 10. Michael is a career real estate and capital markets professional with an extensive background originating and asset-managing real estate equity and debt investments, plus over 15 years of advisory and consulting experience. He 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, Michael 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. He has extensive special situations experience, having 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 over $5 Billion. In addition, Michael 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 Force 10, Michael was a Senior Managing Director at FTI Consulting where, as part of the Corporate Finance segment and member of the Real Estate Solutions group, he led the Real Estate Capital Markets practice within FTI Capital Advisors, LLC, an investment banking subsidiary of FTI. Michael joined the firm as a Managing Director in 2009.

Prior to joining FTI, Michael was Vice President and West Region leader for the Structured Finance division of Archstone. Previously, he held senior management positions at Essex Property Trust, Calyon Corporate and Investment Bank (a Credit Agricole Group subsidiary), as well as serving as Chief Investment Officer for a San Francisco-based real estate private equity firm focused on opportunistic and value-add investments. During the 1990s, Michael 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.

Michael is a frequent speaker at industry conferences and seminars. His topics have included 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 has contributed to various articles and mixed-media presentations including, “Navigating the Structured Finance Waterfall: Smooth Sailing or a Barrel Ride over the Falls?”, CRE Finance World, 2012.

Michael graduated with a B.S. in Business Administration, finance from Arizona State University. He is a member of the American Bankruptcy Institute, CRE Finance Council, Mortgage Bankers Association and Urban Land Institute.