Alyson Toombs
Alyson is Managing Director of Silvermine Development Partners LLC (“Silvermine”). She is actively involved in negotiating major transactions and managing projects from the principal and ownership perspective. Silvermine is particularly focused on finding unique solutions to create real value in real estate and the firm is based in New Canaan, CT. As Managing Director of Silvermine, Alyson has been responsible for refinancing owned assets, acquisitions and opportunistically creating value through hands-on asset management. She led the team for a highly complex $51 million refinancing of a 364-room hotel in Princeton, NJ which included a management and flag change combined with a $6 million renovation at the Property. She led the acquisition of a 186-room hotel and conference center located in Richmond, VA. Alyson was responsible for the negotiation of the acquisition in May of 2008 and oversees the ownership for the Property on behalf of Merritt. The Property performed well in 2010 with an increase of approximately 2,000 room nights. In her role as Managing Director of Silvermine, she has been engaged in creating a unique structure to monetize an environmentally challenged site, raising a Fund for Silvermine and a JV partner, and developing strategies to create value from other opportunistic portfolio and single asset transactions. Most recently, Silvermine quarterbacked a team of 10 people to acquire a portfolio consisting of 160 properties, with a value of over $1 billion, on an off-market basis. Many of Silvermine’s projects are scheduled to close in 2011. Alyson is actively involved in the real estate community. In particular, she devotes a significant amount of time to the Urban Land Institute. She is currently an involved member of the Urban Mixed-Use Council and serves as the Vice Chair of Programs. Additionally, she is currently serving as the Vice Chair for Mission Advancement for the Westchester/Fairfield District Council. Until recently, she was also an active member of the District Council’s Young Leader group. Prior to joining Merritt, Alyson worked in public finance for Morgan Stanley with a focus on providing capital financing solutions for higher education and not-for-profit institutions. Her clients included institutions such as the University of Michigan, Cornell University, American University, National Geographic Society and the Chicago Symphony Orchestra. Alyson lives in the Silvermine area of New Canaan, CT and enjoys spending time with her two young daughters.
Note: The projects described herein are owned or advised by subsidiaries, affiliates, or by unrelated companies which are owned in whole or in part by individuals associated with Merritt Capital Investors, LLC (“Merritt”). Merritt, as used herein refers to all the above either individually or collectively.
