Is the City of Falls Church’s Little City Commons Project a P3 or Not?
As municipalities, state agencies, and educational institutions look for creative ways to fund needed capital improvements, leveraging...
Jay Brown is a Managing Director at Alvarez & Marsal Public Sector Services – specializing in strategic, transactional, and public / private real estate services to government and quasi-government entities.
With more than 24 years of public sector and real estate experience, he has performed and overseen numerous public-private transactions and asset repositioning strategies to help public sector clients generate revenue, reduce costs and create jobs.
Mr. Brown and his team have assisted the U.S. Army, Navy and Air Force in obtaining needed capital improvements by monetizing a variety of real estate assets through public-private ventures, third-party financing and other alternative delivery methods, including military housing privatization (MHPI) and enhanced use leases (EUL) for underutilized real estate.
He has also assisted several state municipal agencies, including the State of Louisiana, the District of Columbia, New York City, Fairfax County, VA, Travis County, TX and Grand Forks County, ND in executing public-private transactions.
Before joining A&M, Mr. Brown was a partner in the real estate advisory services group of Ernst & Young, where he co-lead the public sector practice – providing public-private transaction services to federal, state, municipal and economic development entities. His 10 years of public sector experience included five years as Deputy Director for the Department of Planning and Economic Development, King County, Washington, and five years as a Financial Economist and Budget Examiner for the federal Office of Management and Budget (OMB).
Mr. Brown earned a master's degree in public administration from the University of Washington and a bachelor's degree in economics from the University of California, Santa Cruz. He received the Project Management Professional (PMP) designation in 2014 and the Certified Commercial Investment Member (CCIM) designation in 2002.
He is an active participant in several public-private real estate associations, including the Urban Land Institute’s (ULI) Public Development & Infrastructure Council; the Association of Defense Communities (ADC); National Council for Public-Private Partnerships (NCPPP); and the Federal Real Property Association (FRPA).
As municipalities, state agencies, and educational institutions look for creative ways to fund needed capital improvements, leveraging...
Local public housing authorities (PHAs) in conjunction with the federal government can fast-track needed modernization of public housing,...
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