Success Stories

LeFever Mattson: Uncovering Reality. Stabilizing Value.

Transaction Management Across Multiple Assets

LeFever Mattson was a long-tenured, well-regarded real estate syndicator with a ~$500MM portfolio across Sacramento and Sonoma County. Underlying operations masked a large-scale Ponzi scheme that defrauded hundreds of investors. Pivot > Group discovery triggered a complex, high-profile Chapter 11 proceeding with significant regulatory, operational, and asset-level challenges.

Action:

  • Pivot Group engaged in dual governance and operational roles to stabilize the estate
  • Lance Miller appointed Independent Director, providing oversight and accountability across the CRO function and estate advisors
  • Seth Wellisch served as Chief Real Estate Officer, overseeing licensed leasing and property management teams to maintain compliant operations
  • Implemented governance discipline while preserving asset value during liquidation

Results:

  • Stabilized day-to-day operations amid fraud exposure and bankruptcy proceedings
  • Enabled orderly asset monetization and wind-down
  • Supported exit from Chapter 11 and transition to a litigation trust, positioning recoveries for defrauded investors
Pivot > Team:

Lance Miller
Managing Partner

Seth Wellisch
Managing Director

Peter Elkin
Partner