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Acquisition/Disposition
The acquisition process
begins by identifying the client’s investment objectives and
risk tolerance, then matching quality properties to
their investment guidelines. Property identification and
analysis begins with a nationwide search for qualifying
investments. After initial selection, Baron Realty assembles a
professional team to perform comprehensive due diligence of
the subject property. Investigations include demographic
studies of the site, lease analysis, credit analysis
of the tenant, environmental audits, survey analysis, and
title review. A financial analysis is also performed to
include discounted cash flows, lease duration pro-forma
financial statements, and other reports that may be requested
by the client.
To dispose of properties,
Baron Realty will prepare a complete due diligence package for
potential purchasers and aggressively market the properties
nationally and internationally. The company uses combinations
of direct mail, internet, print media, and personal
relationships to quickly dispose of properties.
Property
Management
Baron
Realty can provide full service property management for
office, retail and industrial properties.
Specific
services include, but are not limited to, rent collection,
tenant screening, lease negotiation, lease compliance,
property maintenance, payment of invoices, distribution of
cash flow, budgeting and financial analysis, negotiation of
service contracts,
and management of construction or rehab projects.
Insurance Company Asset Management
Baron
Realty is uniquely experienced in working with insurance
companies to maximize investment yields while diversifying the
portfolio into real estate. Under investment guidelines
promulgated by the Office of Insurance Regulation, insurance
companies may invest a portion of their portfolios in income
producing real estate and still have those assets treated as
admitted assets for financial reporting. Baron is
uniquely qualified to identify, acquire, manage and dispose of
real estate assets held in an insurance company's investment
portfolio.
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Syndication Management
Baron has
assembled a team of experts in the field of forming limited
liability companies to hold commercial investment real estate
assets. The team includes highly respected Securities
Attorneys, Certified Public Accountants, Environmental
Engineers, Surveyors and Planners and Securities Broker
Dealers.
Limited
liability companies can be formed for a specific group of
investors that wish to hold real estate and shed themselves of
the burdens associated with creating the proper legal
structure and identifying the proper assets for portfolio
diversification and the management required thereafter.
Baron has a
full time support staff to make this an easy alternative for
investors seeking shelter from the volatility of the stock
market.
Fee Schedule
Baron Realty is compensated through
leasing commissions, management fees, and commissions on the
acquisition and disposition of commercial real estate assets.
Commissions are negotiated with clients based upon the complexity of
the individual transactions. Commissions are paid by the Seller of
property and often split with cooperating brokers.
Baron offers leasing services at
competitive rates and with superior services. Lease fees range from
3% to 6% depending on whether or not another broker is involved in
the transaction. This practice is used to demonstrate a commitment
to broker co-operation.
Baron Realty provides property
management services based upon a mutually agreeable fee for the
scope of service offered. Management fees are typically based on 4%
of gross revenues; however the size of the property and the
structure of tenant leases can modify the rate. Baron is also
willing to negotiate fixed price management contracts.
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