ashforth management services

4
Management Services Distressed Asset Services

Upload: others

Post on 25-Mar-2022

3 views

Category:

Documents


0 download

TRANSCRIPT

AshforthFounded in 1896, The Ashforth Company is a diversified real estate firm that owns, develops, and invests in assets on the East and West Coasts, and provides third party services including asset and property management, general contracting and construction management.

With experience on both coasts, Ashforth provides local expertise with a national perspective to every assignment it owns and manages. Ashforth’s commitment to excellence is reflected not only in the quality of its properties but also through our well-respected and highly experienced professionals.

For over one hundred years, The Ashforth Company’s hallmark has been its ability to expand and prosper through all types of economic cycles. We have developed a method of doing business that has helped attract outstanding employees and bring substantial social and economic benefits to our customers and communities.

Community CommitmentAshforth and its divisions strongly believe that investment and civic responsibility go hand in hand. We are committed to making an impact on our communities through corporate citizenship, civic involvement, and employee volunteerism. Ashforth focuses its philanthropic efforts on education and healthcare.

Environmental CommitmentThe Ashforth Company is committed to continuously assessing and improving our environmental performance. We believe our organization-wide environmental management approach is a responsible business practice and will increase Ashforth’s value, add value to our clients and aid in preserving the environment for future generations.

STAMFORD, CT • 203 359-8500 • ASHFORTH.COM

Integrity • Quality • Expertise • Since 1896

Management ServicesDistressed Asset Services

Contact us with your management needs:Brian Heelan, Senior Vice President

& Director of Operations [email protected] | 203 359-8500

Hank Ashforth, Senior Vice [email protected] | 203 359-8500

Ashforth...creating value Ashforth is committed to delivering superior service with successful results for our clients.

Operating and Repositioning Distressed Commercial Real Estate Assets

Ashforth has over a century of experience successfully managing and repositioning commercial real estate assets during various economic and real estate cycles. As a result of Ashforth’s exceptional expertise, proven track record, and local competitive advantages, we understand how to maximize the value of real estate.

Ashforth’s unparalleled experience and reputation provides clients with:

⚪ A high performance propertymanagement process thatincludes assessing financial andphysical conditions, strategicbudgetary planning, maximizinglong-term value, and dispositionreadiness.

⚪ Successfully maintained propertyvalues during workoutsor foreclosures.

⚪ Well-connected senior teammembers with local knowledgeand decades of experience.

⚪ Strong relationships with thebrokerage community, tenantsand vendors.

⚪ Extensive knowledge of localmarkets, building codes and realestate processes which help theproperty emerge from a workoutor foreclosure in better shapethan when taken over.

⚪ Quickly established andimplemented turnaround planssupported by the depth ofAshforth’s in-house resources.

⚪ Strong asset analysis includingaccounting, reporting, andknowledge of any property andmarket issues in order to adviseon the best strategy experience.

⚪ Extensive capital improvement,turnkey project and estimatingexperience through Ashforth’sinnovative and highly experi-enced construction division.

Ashforth’s well-respected and well-connected professionals provide a full range of services including property operations, transition management, annual asset plan, on-site staff employment, training and supervision, contract management, work order management, preventative maintenance, tenant retention/relations programs, financial management and reporting, leasing/property management accounting, and construction supervision.

Asset ManagementAshforth maximizes value and return by developing and implementing comprehensive asset management plans established to meet specific investment objectives, along with providing long-term investment strategies.

Utilizing the resources and depth of our in-house disciplines including property management, legal, finance and accounting, our asset management teams enhance real estate value by offering creative leasing solutions, and designing and implementing cost-effective development, capital improvement and repositioning programs.

Property ManagementAshforth creates real estate value by achieving above market tenant retention, managing expenses, and by providing cost-effective solutions and clean, comfortable and attractive work environments to the office and retail space users we serve.

We are committed to enduring tenant and brokerage relationships, delivering space and commencing rent quickly, and finding value through financial diligence.

This results in Ashforth’s highly regarded reputation as the premier management services provider in every market it serves.

Financial Management & ReportingAshforth has gained a superior reputation for providing strong asset analysis including accurate and timely financial and operational reporting. Our efficient standard monthly performance reports are designed from an asset manager’s perspective to provide customized comprehensive information about the financial, operating and leasing status of a project.

Construction ManagementOur experience with capital improvements and turnkey projects enhances the leasing process by attracting tenants and shortening the rent commencement time frame. The company’s long-term relationships with local subcontractors and building officials, as well as high level involvement by experienced executives ensure its reputation for completing each project on time, within budget and with excellent quality.

Ashforth’s construction division, A.P. Construction, provides fully integrated construction management and general contracting services. A.P. Construction is experienced in all types of construction including renovation, new construction and build-to-suits.

“Ashforth managed Stamford Harbor Park for Cornerstone for 18 years! That is extremely rare in our industry. Our long relationship with Ashforth is a testament to their market knowledge and unparalleled professionalism in the Fairfield County marketplace.”

David Romano, Vice President Cornerstone Real Estate Advisors LLC

3001 Stamford Square – Stamford, CT

707 Summer Street – Stamford, CT

8 Sound Shore Drive – Greenwich, CT

“As GEAM’s operating partner, Ashforth has provided extensive resources, knowledge and creativity to our joint ventures. Ashforth and GEAM are extensions of each other on the projects we invest in together. The breadth of services Ashforth provides is exactly what we need from an operating partner.”

Gary Andrews, Vice President GE Asset Management

“Ashforth managed the EastRidge portfolio for many years and always approached the management of the property with an

‘owner’s mindset’. As a result we had a great amount of trust that Ashforth would always serve AEW’s and our client’s best interests.”

Steve Kingsley, Vice President AEW Capital Management, L.P.

“8 Sound Shore Drive won the Building of the Year Award due in part to the outstanding Ashforth management services. The best decision we made was to buy the building and the next best was to engage Ashforth to manage it.”

William Nickerson, President Eugene A. Hoffman Management, Inc.

“Due to the professional management by Albert B. Ashforth, Inc., Nyala Farms has becomethe benchmark of excellence that otherproperties in the market are measured by.”

James W. Horton, Director L&B Realty Advisors, LLP

(former owner of Nyala Farms – 1999-2014)

Greenwich Plaza – Greenwich, CT

AshforthFounded in 1896, The Ashforth Company is a diversified real estate firm that owns, develops, and invests in assets on the East and West Coasts, and provides third party services including asset and property management, general contracting and construction management.

With experience on both coasts, Ashforth provides local expertise with a national perspective to every assignment it owns and manages. Ashforth’s commitment to excellence is reflected not only in the quality of its properties but also through our well-respected and highly experienced professionals.

For over one hundred years, The Ashforth Company’s hallmark has been its ability to expand and prosper through all types of economic cycles. We have developed a method of doing business that has helped attract outstanding employees and bring substantial social and economic benefits to our customers and communities.

Community CommitmentAshforth and its divisions strongly believe that investment and civic responsibility go hand in hand. We are committed to making an impact on our communities through corporate citizenship, civic involvement, and employee volunteerism. Ashforth focuses its philanthropic efforts on education and healthcare.

Environmental CommitmentThe Ashforth Company is committed to continuously assessing and improving our environmental performance. We believe our organization-wide environmental management approach is a responsible business practice and will increase Ashforth’s value, add value to our clients and aid in preserving the environment for future generations.

STAMFORD, CT • 203 359-8500 • ASHFORTH.COM

Integrity • Quality • Expertise • Since 1896

Management ServicesDistressed Asset Services

Contact us with your management needs:Brian Heelan, Senior Vice President

& Director of Operations [email protected] | 203 359-8500

Hank Ashforth, Senior Vice [email protected] | 203 359-8500

AshforthFounded in 1896, The Ashforth Company is a diversified real estate firm that owns, develops, and invests in assets on the East and West Coasts, and provides third party services including asset and property management, general contracting and construction management.

With experience on both coasts, Ashforth provides local expertise with a national perspective to every assignment it owns and manages. Ashforth’s commitment to excellence is reflected not only in the quality of its properties but also through our well-respected and highly experienced professionals.

For over one hundred years, The Ashforth Company’s hallmark has been its ability to expand and prosper through all types of economic cycles. We have developed a method of doing business that has helped attract outstanding employees and bring substantial social and economic benefits to our customers and communities.

Community CommitmentAshforth and its divisions strongly believe that investment and civic responsibility go hand in hand. We are committed to making an impact on our communities through corporate citizenship, civic involvement, and employee volunteerism. Ashforth focuses its philanthropic efforts on education and healthcare.

Environmental CommitmentThe Ashforth Company is committed to continuously assessing and improving our environmental performance. We believe our organization-wide environmental management approach is a responsible business practice and will increase Ashforth’s value, add value to our clients and aid in preserving the environment for future generations.

STAMFORD, CT • 203 359-8500 • ASHFORTH.COM

Integrity • Quality • Expertise • Since 1896

Management ServicesDistressed Asset Services

Contact us with your management needs:Brian Heelan, Senior Vice President

& Director of Operations [email protected] | 203 359-8500

Hank Ashforth, Senior Vice [email protected] | 203 359-8500