BGP Advisors

Providing solutions for problem commercial real estate assets and debt

BGP Advisors, an affiliate of Blake Griggs Properties (, works with commercial real estate lenders, investors and owners to help its clients with resolving problems with defaulted or foreclosed debt, misaligned capital stacks, under-performing assets, construction management, entitlements, and dispositions. 

BGP Advisors’ team has extensive experience as an owner, investor, developer, lender, construction manager, and asset manager of multiple product types including: office; retail; multi-family, mixed-use; hotels and single-family residential.   

More importantly, members of the BGP Advisors’ team have direct experience in this type of business. During the Great Financial Crisis (GFC), BGP’s principals were co-founders and executives of a similar advisory business called Quatro Realty Group. Quattro had multiple clients including Wells Fargo, Bank of America, Mechanics Bank and equity funds. Quattro was able to help lenders substantially recover their loan balances and in some cases achieve a substantial premium upon sale. Furthermore, during the GFC other members of BGP Advisors’ team had direct roles in working for lenders and other quasi-governmental agencies and as a result have extensive knowledge of the objectives CRE lenders and agencies are looking to accomplish in hiring a firm like BGP Advisors. Case studies and references are available.

BGP Advisors services include the following:

  • Repositioning office buildings to stabilize, sell or re-entitle for other uses
  • Evaluating and re-structuring loans
  • Receivership
  • Repositioning, leasing and stabilizing assets
  • Disposition
  • Governmental and Land-use Entitlements to preserve or maximize asset value
  • Construction Management


Contact:  Brad Blake (; Brad Griggs (