RESPONSIBILITY ON THE TEAM

Alan is the Chief Operating Officer of The Furman Co., Inc. and Executive Vice President and Managing Principal of The Furman Co., Investment Advisory Services, LLC.  As COO, he leverages his leadership and experience to strengthen the company's strategic, tactical, and short-term operations management over all five of the firms operating divisions. As Executive Vice President of The Furman Co., Investment Advisory Services, LLC, he oversees the division and specializes in consultative services in the areas of institutional investment, portfolio development and management for private capital and institutional investors throughout the Southeast. Moreover, Alan is the Managing Partner of Carolina Center for Foreign Investment, LLC (CCFI). CCFI is a federally designated EB-5 Regional Center focused on foreign investment in job creating entities and economic development in the state of South Carolina.

Career Summary

Alan has over 20 years experience in complex public and private corporate finance entities, directing large operations and generating successful turnaround situations within minimal time.  He has had quantifiable success in strategic analysis and planning of a broad range of real estate development, business development, corporate acquisitions, and large scale master planning.    He has a diverse background as both a Chief Financial Officer for an international public commercial real estate firm, as well as, the President and Chief Investment Officer for a commercial investment fund. 

Most recently Alan was instrumental in the creation and approval of the Carolina Center for Foreign Investment, LLC (CCFI), which is the first U.S. Citizen and Immigration Service (USCIS) statewide designated EB-5 Regional Center for both North Carolina and South Carolina.  Alan works closely with the  states' Commerce Departments and local governments to help stimulate job creation utilizing the EB-5 Pilot Program and foreign investment.  CCFI encourages immigration through the EB-5 program, which specifically sets aside 3,000 visas annually for foreign investors who apply through a USCIS designated regional renter investment program.  An investor seeking an EB-5 Immigrant visa through a designated regional center must make a qualifying investment of $500,000 to $1 million and demonstrate that at least 10 jobs were directly or indirectly created through the investment (www.CarolinaRegionalCenter.com).

Alan is also the former President& Chief Investment officer for a commercial investment fund in excess of $400 million. The fund focused on development and large scale mixed-use master planning requiring strategic planning through public/private partnerships, as well as, joint ventures (one of which included International Paper, one of the largest land owners in the United States).  While managing the fund he worked extensively with the City of Aurora, Colorado on a 500+ acre final development plan requiring a quasi-governmental bond issuance which was sold to an institutional client 120 days after acquisition for a $7 million dollar profit.

He has worked on multiple mixed-use master planned developments throughout the southeast, all including national office and retail tenants.  He has worked with property-to-end users such as Bass Pro, Target, Kohl's, Wal-Mart, and Lend Lease.

While serving as Chief Financial Officer for Insignia/ESG, an international commercial brokerage and financial services firm  based in New York,  he was responsible for commercial operations, corporate acquisitions, SEC reporting and finance, whose  divisions included approximately 200 indirect reports.  During his 17 year tenure with Insignia he served in numerous roles managing operations, national administration, corporate services, property accounting, facilities management, human resources and information technology, which provided him the opportunity to be the executive lead for a $6 million technology consolidation.  

While at Insignia/ESG, Inc. his work in mergers and acquisitions involved acquiring over 25 companies and 10,000 employees national and internationally. Alan later worked closely with CB Richard Ellis during CBRE's acquisition of Insignia.

Consulting Activities

Alan has spearheaded numerous consulting and strategic counseling assignments, working on large scale mixed-use master planning assignments as well as securitizations and bond issuances for public/private partnerships. He has worked directly with numerous institutional clients such as Lehman Bros, Legg Mason, ING, Lend Lease, MetLife, and Prudential.  In addition, he has worked directly with high net worth individuals in an advisory role with deal structure, highest and best use analysis/implementation and acquisition and disposition of both leasehold and fee title.  Alan has consulted for clients on both corporate and debt restructures while securing $500+ million inequity and debt.

His public sector experience includes city and state level, as well as, previous work with HUD and FannieMae.

Education, Professional Courses, Affiliations

Alan received a B.A. in Business Administration, with major emphasis in Accounting/Finance and a minor emphasis in Economics from Furman University, Greenville, South Carolina.  Alan has completed numerous certifications and symposiums through both Wharton and Harvard Business School. Moreover, he is a Licensed Broker-in-Charge in South Carolina, a Certified Commercial Investment Member (CCIM), and has membership in the International Council of Shopping Centers (ICSC).

He has served on sundry community and trade boards and continues to maintain a leadership position with the Urban Land Institute (ULI) whose mission is to provide leadership in the responsible use of land while creating and sustaining thriving communities worldwide. In addition to his position as treasurer at the state level for ULI, he also is a founding member of the South Carolina Center for Sustainable Leadership.

Alan is a Greenville, South Carolina native and is married with two children.  He enjoys his time with family, boating, and traveling and reading.