[IMGCAP(1)] LONG ISLAND, NY-KPMG Corporate Finance LLC has acquired substantially all of the assets of locally based Keen Consultants LLC and Keen Realty LLC, together known as Keen. Harold Bordwin, Keen principal and president, and Matthew Bordwin, Keen principal and EVP, will lead the group and assume managing director titles with KPMG Corporate Finance.

Keen will operate as the real estate division of KPMG Corporate Finance LLC, adding new depth to its real estate capabilities across all of its product offerings. Keen will handle the disposition of owned property, leased property, lease re-negotiation, real estate financing and sale-leaseback services and will provide assistance with financing for distressed and healthy companies. The team will be responsible for helping companies generate cash through the disposition of surplus assets and reduce real estate and lease operating expenses.

[IMGCAP(2)]“Keen has a solid 25-year track record with unsurpassed experience, knowledge, and credibility within the real estate industry,” notes Stephen Gaines, head of KPMG Corporate Finance LLC, in a release. “Their knowledge of the industry will add great value and will be integral in supporting both domestic and cross-border real estate transactions.”

According to Harold Bordwin, managing director with KPMG, the new group provides a platform to leverage the company’s industry knowledge. “We will immediately add value across KPMG Corporate Finance’s full suite of products–investment banking, private equity, special situations, advisory services, and infrastructure project finance–in both the domestic and global markets in which KPMG Corporate Finance transacts,” he says. “Many real estate opportunities are emerging as a result of the sub-prime market turmoil, and we expect to see increased activity, especially in the homebuilding, retail, and consumer services industries. We are also excited about our ability to tap overseas investors who are well capitalized and have a strong interest in US real estate assets.”

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