Mike Krongel

Role
Principal at Mirus Resort Advisors
Location
Newton Centre, MA, US
LinkedIn followers
500 followers
General Business & ManagementView LinkedIn profile

About Mike Krongel

Michael Krongel has been involved in real estate sales, acquisition, disposition and development for a significant period of time. Starting as a broker in New York State in 1967, Michael has bought and sold recreational land, resorts, multi-family properties, golf courses, single family homes and condo developments. With a focus on ski areas and ski resorts, golf facilities and other recreation based enterprises, Mike is focused upon advising clients in the resort, recreation and hospitality spaces on matters pertaining to acquisition/disposition of businesses, development of resort recreational properties and second home development at cold weather resorts. With the founding of Mirus Resort Advisors, Michael is in a position to assist with sales, acquisition, valuation, financing, equity raises and assisting buyers and sellers in reaching their business goals. Krongel\'s particular experience is in ski areas and resorts, golf courses and hospitality venues. Specialties: I have a knowledge and understanding of ski area operations and development, real estate development at cold weather - ski - resorts and the players in the space. The special skills that I bring to the table are those required in the acquisition and disposition of assets, transaction negotiation, sourcing of transaction opportunities and bringing owners, developers & investors together to \"get projects off the ground\". I have access to debt and equity sources to move projects and acquisitions forward.

Experience

  1. Principal

    Mirus Resort Advisors

    Jun 2010 — Present · Burlington, MA

    Mainly focused upon the sale or purchase of ski areas and ski resorts, Mirus Resort Advisors provides guidance to owners, buyers, investors, and management teams on the acquisition, sale and recapitalization of cold weather resorts, day ski areas, golf resorts and equipment suppliers to the resort industry. Our team advises clients by developing the most appropriate execution strategy, structuring transactions to meet the client\'s unique objectives. With local market knowledge as well as an international investor reach, our senior team can access public, private and institutional sources of debt and equity. Mirus advisors have experience in resort operations, real estate development and repositioning, mergers and acquisitions and valuation services for closely held and public companies.

Education

  • D'Amore-McKim School of Business at Northeastern University

    Business Administration

    1979 — 1981

  • Ithaca College

    Bachelor of Science, Business Administration

    1967 — 1971

Skills

  • Banking
  • Disposition
  • Financial Modeling
  • Divestitures
  • Finance
  • Capital Raising
  • Private Placements
  • Ipo
  • M&a Experience
  • Property Management
  • Due Diligence
  • Private Equity
  • Investment Properties
  • Investment Banking
  • Real Estate Financing
  • Corporate Finance
  • Dcf
  • Negotiation
  • Valuation
  • Funding
  • Business Valuation
  • Dispositions
  • Property
  • Start-Ups
  • Loans
  • Commercial Real Estate
  • Business Planning
  • Contract Negotiation
  • Asset Management
  • Lbo
  • Land
  • Executive Management
  • Sellers
  • Venture Capital
  • Acquisitions
  • Real Estate
  • Strategy
  • Capital Markets
  • Financial Structuring
  • Real Estate Economics

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Mike Krongel — Principal at Mirus Resort Advisors in Newton Centre, MA, US | Unifers