KENNEDY HOMES

Case Highlights

• Assessed status of various developments
• Worked with various parties regarding completion and protection of homes from the elements

Case Narrative

DSI served as Financial Advisor to Kennedy Homes, one of the largest homebuilders in the Chicago area.  The slump in home sales left this developer with a number of unsold lots and partially completed homes.  DSI worked with company personnel to assess the status of each development and evaluated, with input from lenders, contractors and company principals, which homes would be completed and protected from the elements.  DSI also communicated with vendors regarding outstanding invoices and prepared a go-forward budget to complete and protect homes, and to pay outstanding and future invoices.