Larry R. Martin

Modureál FoF Manager

Professional Profile

Licensed real estate broker in California and Nevada with over 53 years of experience in land acquisition, development, and marketing, as well as commercial and industrial property brokerage. An adept self-starter, with outstanding management and communication skills, proficient in identifying realistic project opportunities and potential pitfalls. Dedicated to delivering the best outcomes for project use and ownership interests. 

Core Competencies

Investment and Financing: Exploring various aspects of real estate investment including property valuation, investment strategies, financing options, and return on investment calculations.

Market Knowledge & Trends: Comprehensive, current knowledge of all sectors of the real estate market updated daily via industry periodicals, podcasts, LinkedIn, economic indicators, conferences, physically driving markets of interest and meeting with industry leaders.

Project Investment Analysis:  Skilled in identifying real estate opportunities, conducting feasibility studies, negotiating agreements, constant risk assessment and managing transaction processes.

Real Estate Development:  Expert in land acquisition, Build to Suit, development, project funding, marketing, and management across the United States, with a focus on urban planning, demographic analysis, government policies, technological innovations,

Construction Oversight: Hands-on experience in development and construction oversight, including cost estimates, bids, contracts, and audits.

Tom Ernst

Catamount LLC – Underwriter, CIO

Company Overview

Catamount LLC is a specialized real estate underwriting firm focused on assessing risks and potential returns for resort, mixed-use, and residential community development projects. The firm ensures sound and financially viable investments through a structured evaluation process, including but not limited to:

Project Analysis: Examines location, demographics, design plans, entitlements, and the competitive landscape, incorporating on-site inspections and market trend assessments.

Financial Evaluation: Analyzes projected construction costs, operating expenses, and future income, while developing and scrutinizing financial statements and budgets.

Risk Assessment: Identifies market, construction, and operational risks, including contractor creditworthiness and potential legal or environmental concerns.

Loan Structuring: Designs loan terms—covering amount, interest rate, and covenants— to optimize risk management.

Due Diligence: Verifies key details provided by developers, such as legal documents, zoning regulations, and environmental reports.

Report Generation: Produces detailed underwriting reports and offering memoranda with findings and recommendations for debt and equity investors.

Leadership

Thomas Ernst is the Founder and Managing Director of Catamount LLC, bringing over 30 years of expertise in hospitality, real estate development, and financial structuring. His leadership experience spans investment banking, large-scale real estate workouts, and hospitality asset repositioning.

Thomas began his career at Silverman Consulting Group in Chicago, specializing in turnaround consulting for real estate development projects, hotel and resort repositioning, and recapitalizations on a global scale. He was later recruited by KeyBank, where he served as Managing Director of West Coast investment banking operations, leading large private placements, debt syndications, and managing a team of licensed investment banking professionals.

At Wyndham Resorts, Thomas held the position of Executive General Manager, overseeing the acquisition, management, and repositioning of 20 resorts simultaneously.

Currently based in Las Vegas, Nevada, Thomas leads Catamount’s underwriting team, conducting in-depth investment analyses for clients worldwide.

Thomas Ernst

Catamount@startmail.com

720. 456. 8888