Beginning in 1987, Andrew Tavakoli started investing, renovating, managing, and leasing apartment buildings through syndication. Over the past 24 years, Mr. Tavakoli has invested and transacted over $300 million of primarily retail and apartment projects nationwide through the umbrella of Tavaco Properties, LLC.
Mr. Tavakoli has extensive experience acquiring REO and non-performing loans directly from Financial institutions including banks and special servicers.
Mr. Tavakoli acquired Hamburger Hamlet, a national restaurant chain from a public company through a 363 process in Chapter 11 Bankruptcy as a "Stalking Horse" in 2004.
As CEO, Mr. Tavakoli repositioned the 1,300 employee operating company over a five year period. In 2009, he sold the company while keeping a residual interest.
Andrew Tavakoli earned a MSBA in finance from USC in 1986, a MBA in marketing from CSULB in 1983, and a BSEE degree in computer systems from University of Pittsburgh in 1981.