Council Member Biography
David Green is the Principal of Trinity Development Group. Trinity has offices in Tampa, FL and Atlanta, GA and is a real estate investment company focused on sourcing and acquiring distressed debt secured primarily by commercial residential and office properties. Mr. Green spends a large amount of his time working with the FDIC, loan sale advisors, bank workout departments, and real estate consultants as he searches for attractive investment opportunities. Mr. Green has been involved in distressed debt acquisition from regional lenders by purchasing notes and mortgages that relate to commercial and residential real estate. Mr. Green is a former accountant with Ernst and Young and is a licensed CPA. He is active in the Atlanta business community, is a member of Urban Land Institute, the Alabam Society of CPAs, the AICPA, and holds a Masters of Accountancy and a Bachelor of Arts (Finance) from Auburn University. (This is me - Update Profile)
Employment History
- 2007 - Unspecified
- Principal, Trinity Development Group
- 2006 - 2007
- Chief Financial Officer, Priority Developers
- 2004 - 2006
- Accountant, ERNST & YOUNG LLP
GLG NewsSM Analyses by David Green
GLG News is now G+ Insights
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G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.
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The Future of the Housing Market Post Government Support
April 26, 2010
This article questions whether the economy is running on government life support and makes the case that in the months to come we will have a clearer answer to that question when we see how the housing market responds to the pullback of government and Fed programs. My view is that the market has stabilized enough for these programs to be phased out and I will use points of the article to discuss what the next 1 to 2 years hold for institutional investors, banks, and homebuyers.
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Investors Are Finally Dealing With The Real Seller of Troubled Assets
September 19, 2009
FDIC Packages Loans From Failed Banks | www.washingtonpost.com
The FDIC has rediscovered a program they used in the early 90s that was successful in the resolution of problem assets. My analysis takes a closer look at why the program is necessary, the details of the program, and the implications of setting the program in motion.
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In Tampa: Lot Owners Woo Builders With Offer of Free Lots
April 1, 2009
Building in a bear market | money.cnn.com
This article is spot on. From an insider's perspective I could not agree more with the author. The Tampa residential market is decimated and it takes wild creativity to spur building activity.
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Someone Play A Dirge For Corus
February 5, 2009
Condo King Corus Weights Its Options | online.wsj.com
This article clearly demonstrates the dire straits Corus Bank is facing as it deals with a soaring number of problem loans and an REO department full of repossessed condos. The facts presented in this article are more than enough to make most people doubt Corus' ability to continue as a going concern. Three factors are pressuring the bank heavily: a loan portfolio comprised almost exclusively of condo construction loans of which more than 1/3 are now non-performing, Treasury’s rejection of the banks application for TARP funding, and the distinct possibility the bank will face heightened capital requirements.
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More Pain Ahead for Florida and New York - Most Others are Out of the Woods
February 3, 2009
Home prices fall at record pace | money.cnn.com
It is frightening to continually be bombarded with news of falling home prices and falling values for just about every other asset class known to man. Many articles focus only on the price declines of homes without any consideration for the reasons why values are declining so much or when values will stabilize. An analysis of trends and history can provide some insight into this situation. Most people can handle bad news it is the uncertainty that is hard to deal with. A look at home price trends shows that the bleeding should stop in 2009.
GLG Study Groups with David Green(?)
GLG Live Meetings with David Green(?)
David Green has not participated in any GLG Live Meetings.
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