Managing Director & Principal | Birmingham
Andy Sink is currently the Managing Director of the Investment Advisory division and Principal for Colliers International | Alabama. His team provides investment property advisory, investment property brokerage, investment fund structuring and real estate investment management to high net worth families and individuals. His team also provides advisory services to privately held operating companies seeking to enhance enterprise value via various real estate strategies including sale leaseback and private fund structuring.
Andy Sink has more than 30 years’ experience in the real estate industry with a broad range of expertise in real estate brokerage and investments. His specialty is single tenant investments and sale leaseback transactions. He has been involved in numerous investment transactions and projects with an aggregate value in excess of $700 million. He has also worked on both the buy and sell side of sale leaseback transactions involving companies in a variety of industries including manufacturing and distribution, professional services, medical and assisted living. He has also created and managed six different private equity funds and three different private family investment funds with an aggregate value in excess of 150 Million.
Prior to his role at Colliers International, Andy was Managing Director of Founders Investment Properties (FIP) which spun out of Founders Investment Banking in December 2011. In 2012 FIP went into partnership with Birmingham based Sandner Commercial Real Estate, Inc. The two firms partnered with Colliers International in 2012 to offer an expanded menu of commercial real estate services unique in the Alabama market.
Prior to the formation of FIP, Andy was a partner at Founders Investment Banking, LLC where he served as Managing Director of the firm’s real estate advisory practice from 2004-2011. His focus at Founders Investment Baking was providing advisory services to middle market operating companies seeking to maximize enterprise value by monetizing real estate via sale leaseback transactions. During this same time period he and his partners formed Foundation Fund Management Company (FFMC). FFMC has created multiple niche private equity funds, which included Foundation Sale Leaseback Fund, Foundation Cypress Development Fund, Foundation Retail Development Fund, Foundation Residential Acquisition Fund and Foundation New Media Fund. His responsibilities at FFMC included overseeing and implementing initial fund strategy, structuring, capital raising and ongoing investment acquisition, disposition and management.
Prior to joining Founders, he was a partner in the commercial real estate firm Eason, Graham & Sandner, Inc. (EGS) from 1993-2004 and was responsible for the Industrial Services Division. During his tenure at EGS he became involved in the acquisition and development of numerous multi-tenant industrial projects totaling more than 3 million square feet. He also became active in the sale leaseback advisory business, assisting several Alabama-based businesses and private equity funds in monetizing real estate assets via sale leaseback transactions.
Andy began his career in 1990 as a property manager for Taylor & Mathis, an Atlanta-based regional real estate development and management company.
Regional Engineering Manager, REMS VA
John Thomas is Senior Vice President and Director of the Investment Advisory Division for Colliers International | Alabama. His team provides investment property advisory and brokerage, investment fund structuring and real estate investment management to high net worth families and individuals. His team also provides advisory services to privately held operating companies seeking to enhance enterprise value via various real estate strategies including sale leaseback and private fund structuring.
John has 25 years' experience in the real estate and real estate finance industries. In his current position one of his primary responsibilities is sourcing debt financing on behalf of client investors. John's clients benefit from his twenty years in the banking industry during which time he provided construction and permanent financing on a wide variety of property types including office, industrial, multi-family, medical office, skilled nursing and hospitality.
Prior to his role at Colliers International, John was a Senior Vice President of Founders Investment Properties (FIP) which spun out of Founders Investment Banking in December 2011. FIP focused on providing advisory services to middle market companies seeking to maximize enterprise value by monetizing real estate via sale leaseback transactions. The company also managed Foundation Fund Management Company (FFMC) which created several niche private equity funds to invest in real estate. John's responsibilities at FFMC included overseeing acquisitions and managing investment properties. In 2012, FIP went into partnership with Colliers International to offer an expanded menu of commercial real estate services unique in the Alabama market.
Before joining FIP, John was Senior Lending Officer at Aliant Bank, a community bank with $900 million in assets and 13 offices in Alabama. Over 13 years he helped grow the loan portfolio from $350 million to $750 million. John chaired the bank's Senior Credit Committee and was instrumental in creating its credit underwriting department. He had primary responsibility for interfacing with the bank's regulators, the Federal Reserve and Alabama State Banking Department. As a member of the Senior Leadership Team, John was involved in the decision making process of the bank's strategic and operational initiatives. John also served on the bank's Board of Directors for 10 years.
John began his banking career in 1988 with SunTrust Bank in Atlanta where he was a member of the bank's Real Estate Finance group. At SunTrust his focus was extending construction loans to developers of medical office buildings, industrial warehouses, apartments, office buildings and hotels. John also oversaw the takeout of these construction loans by life insurance companies. During this time at SunTrust, John also worked in the bank's corporate and investment banking group, gaining a great deal of experience in the underwriting of operating companies. At Colliers John uses this experience to underwrite the credit of tenants in net leased single-tenant properties.
Senior Investment Associate
Stovie is with the Investment Advisory Group at Colliers International and is expert in identifying new opportunistic purchases and dispositions, helping clients determine whether to hold, sell, or refinance existing commercial real estate investments. His work gives clarity to how investment stewardship decisions can accelerate wealth or provide needed capital to help businesses grow.
Stovie specializes in helping owner-occupiers maximize capitalization potential through sale-leasebacks of commercial real estate. His client base is predominated by dentists and childcare owners. Sale-leasebacks are an innovative way to help business owners tap into equity that is trapped by real estate holdings. In this transaction, an owner-occupier sells its real estate asset to a buyer, and simultaneously leases the property back from the buyer at advantageous rental terms. Clients use the transaction to get the capital needed to achieve significant growth without having to borrow money or issue stock. Net sales proceeds are used for purposes such as expanding into new locations, paying off debt, buying out partners, lessening barriers to entry for new practice partners, or enhancing lifestyle.
The Investment Advisory Group at Colliers works with select clients including high net worth families, highly successful entrepreneurs, and operating companies who own significant amounts of real estate for core operations. Its approach is not transactional in nature, but is focused on building generational wealth.
Stovie has more than 10 years of commercial real estate experience, with the majority focused on commercial real estate lending, including underwriting, loan origination, and debt-investment management. Prior to joining Colliers, Stovie worked for Grandbridge Real Estate Capital, BB&T, Colonial Bank and Trimont Real Estate Advisors. Stovie has experience analyzing CRE product types including multifamily, office, retail, industrial, hospitality, and self storage. Stovie is a licensed real estate agent with the Alabama Real Estate Commission.