CRE ASSET MANAGEMENT – OUTSOURCED MANAGED SERVICES

Quite often, one-off landlords, family offices, distressed assets, and or complex ownership structures require third-party asset management to ensure the fiduciary stewardship of an asset or assets. Given our firm’s extensive experience in acting as fiduciaries (and court-appointed receivers) for assets, commercial real estate, and otherwise, we are able to assume management roles that not only preserve the value of assets but also ensure all decision making is done in a non-contingency manner.

 

SERVICES PERFORMED

  • Assembling and hiring service providers:
    • Real Estate Attorneys
    • Local Leasing Agents
    • Property/Facility Managers
  • Monthly financial reporting (financial, leasing, construction)
  • Accounts payable and receivable (rent collection)
  • Managing cash flows
  • Creating and managing capital improvement accounts (repair, maintenance, improvements)
  • Leading lease and contract negotiations and ongoing administration related to the asset
  • Argus run modeling to confirm that value is preserved and created (leading to disposition strategies)
  • Ongoing interactions with loan officers or counterpart asset managers at Lender
  • Project management