Property Services

Asset Strategies

Be it a single building or a portfolio; your real estate is worth hundreds of thousands or millions of dollars. Your lawyer, CPA and financial planner are the best in the industry. You also need an equally experienced real estate specialist on your team providing you with what I call “Property Centric Guidance”. 

Whether you are considering a new investment or reviewing your existing assets, have you identified all the SWOTs?  – its Strengths and Weaknesses, what Opportunities can be created and where Threats lie in wait.  Among the myriad questions you should be thinking about regularly include:

  ✓  Are my properties competitively rented – what are the implications of the rent is too low or too high? (yes, that is a thing!)

 ✓  Are my buildings optimized and always ready to be refinanced or sold?

 ✓  Does my property/properties match my current risk profile; is it time for realignment?

 ✓  I am in the market for more properties; how can I be sure what the right price is?

 ✓  Am I prepared to refinance when my balloon payment hits?

…and the list goes on.  Each of your existing assets is unique and the one you’re looking at has both opportunity and threats, some obvious and some not-so-obvious.  You should be getting Property Centric Guidance for each, and receiving the same level of experience and attention that you demand from all your advisors.  For more than 35 years, I have been active in commercial real estate, including brokerage,  development, analysis, management, financing, and more.  Let my experience help support you with your property decisions.

Property Services

Brokerage

Here’s a secret: You want to buy low and sell high. It just so happens the person on the other side of the table does too. How do you gain the advantage?  By aligning with an advisor who has a deep understanding of commercial real estate and a long track record of creating create win-win scenarios.

Disposition: To attain its maximum price, your property needs to be optimized – generating the highest income with the lowest operating costs. The key to achieving this is by identifying which capital expenditures, lease restructurings, or other adjustments yield the best cost/benefit outcomes.

Acquisition: There is a real estate investing axiom which says that “you make money when you buy.” Real estate is about value, not price, and shrewd investors see value that others miss.  Identifying opportunities and providing a roadmap to where value can be created is how I create wealth for my clients. Have a look at these select properties available for sale or lease or call me to discuss a property you may be…

Advisory

Success is achieved by creating value, and as importantly, by avoiding loss. 

Understand the need, identify the opportunity, develop the solution: It sounds obvious; however, accomplishing it requires vision and years of experience.

When evaluating an investment, I apply what I call an Opportunistic Defense™; employing proprietary algorithms to model multiple scenarios, and present them to you clearly and concisely. Combined with common sense insights and ground-level observation, I help you defend against threats and identify opportunities.

Concept-to-CO Development Consulting

For freshman and experienced developers alike, my years of developing large commercial projects bring a unique and invaluable perspective to any venture.  I ensure that planning and design are Investment Forward, where form follows finance as well as function.  Be it new construction or transforming an existing asset, I am at your side to guide and support you from concept through CO – and beyond.

Asset Strategies

Be it a single building or a portfolio; your real estate is worth hundreds of thousands or millions of dollars. Your lawyer, CPA, and financial planner are the best in the industry. You also need an equally experienced real estate specialist on your team to provide you with what I call “Property Centric Guidance”.

Whether you are considering a new investment or reviewing your existing assets, have you identified all the SWOTs? – its Strengths and Weaknesses, what Opportunities can be created and where Threats lie in wait. Among the myriad questions you should be thinking about regularly include:

  • Are my properties competitively rented – what are the implications of the rent is too low or too high? (yes, that is a thing!)
  • Are my buildings optimized and always ready to be refinanced or sold?
  • Does my property/properties match my current risk profile; is it time for realignment?
  • I am in the market for more properties; how can I be sure what the right price is?
  • Am I prepared to refinance when my balloon payment hits?

Property & Asset Management​

Property Management

Is it Costing You Dollars to Save Dimes?

Are you a small property owner and are trying to save money by self managing?  Has your small portfolio grown to the point that critical tasks are slipping through the cracks?  Maybe you have that nagging feeling that you are missing something.  We’re here for investors just like you. 

Your goal si not complicated:  Achieve the highest rental income, timely collections, and the lowest operating cost. To fully realize this objective requires integrating the physical and economic needs of your property, its challenges & opportunities, and understanding its position in the market.  Be it a single asset or a small to mid-sized portfolio, there is no need to self-manage or entrust your investment to an excel spreadsheet and a local handyman.  We’re ready to support you with Best-in-Class property management services that ensures your property receives professional supervision and oversight, 24-7, with end-to-end management solutions to maximize your bottom line.

You focus on Your business – We’ll focus on your property

Your commercial real estate is an investment worth hundreds of thousands, or even millions of dollars.  So of course, you doing everything possible to protect that investment, right?

Let’s do a quick review and see.  Can you can confidently answer “yes” to these statements?:

  • I have calculated how much time and money I allocate in self-management costs
  • I know what my competition is offering my tenants when they ‘shop’
  • I have a both a short and long-term leasing strategy
  • I am asking the appropriate rental rate for my building; my rents are not too low or too high (yes, that could be a problem!)
  • I have a preventative maintenance program and service contracts for all MEP systems
  • I am rebidding services each year to ensure the highest value, at the lowest cost, to maximize my NOI
  • I have verified that all vendors and contractors are licensed, insured & bonded and I review their documents regularly
  • My tenant’s leases have been abstracted, and are structured to reduce slippage and improve collections
  • I am up to date on all regulations governing tenant’s rights, to avoid violations which would find me in Landlord-Tenant court
  • I are meeting all DSCR and other obligations of my loan agreement, and understand the repercussions if I don’t

These are only a few of many topics we need to discuss. Don’t be surprised if you didn’t have all of the answers; after all, it’s not your main area of expertise. It is, however, time to act; because when it comes to commercial property ownership, remember, it is what you don’t know and aren’t doing that can hurt you.

Asset Management

The Financial Health or Your Assets

Like a stock portfolio, the value of your properties is constantly changing; the difference is that you have much more control over your properties, when you have the right tools and the right advisors in your corner.  Asset Management focuses on the financial health of your properties, ensuring that your obligations to your lenders, partners and investors are monitored and maintained, and the assets themselves are realizing their fullest potential. 

Real Property Arbitrage™ 

When it comes to your existing assets, it is inevitable that either they are operating below their maximum potential, or conversely, the “engine is running in the red” and needs to be eased down.  We are experts at pinpointing the difference between where your properties are now and where they should be; and creating value by developing strategies to bridge the difference – something we call Real Property Arbitrage.  

When it comes to acquiring new assets, we are in your corner to assist you before you pull the trigger on a deal.  We’ll help you analyze the opportunity to identify all its SWOTs.  This puts you in a better position to make an informed decision, based on your criteria and risk appetite.  Our services can be tailored to your specific circumstances, to achieve your goals