Asset Management

Every owner’s real estate investment objectives are unique, and Greywolf Partners makes understanding these objectives their first priority. With a rapidly changing economic environment, owners are looking for an Asset Manager than can help them navigate the turbulence affecting all facets of real estate. We help our clients manage their debt structure and renegotiate loan terms in a way that stabilizes their property and balances their asset performance with their cash requirements. We also assist in managing their expectations related to property value and market performance, while seeking methods to drive the value of their asset. By integrating Asset and Property Management, Leasing and Financial Reporting, Greywolf Partners is able to reach our client’s goals more effectively and efficiently.

Greywolf’s Asset Management group oversees the management and leasing activities of each asset that is managed. This includes review of property real estate taxes and property insurance, ensuring that the property is valued appropriately and the owner’s investment is protected adequately in the event of adverse conditions. The Asset Management team is also responsible for regular communication to each owner, which is critical to a successful relationship. Greywolf provides Sharefile access to all owners, which allows for efficient and confidential reporting.

Our multi-layer structure allows management and administrative personnel assigned to a particular asset to have the resources necessary to perform their job, and allows us to leverage the depth of experience and knowledge of the entire team.

Asset Management Services:

  • • Investment / Cash Flow Analysis
  • • Debt Assessment / Loan Negotiation
  • • Real Estate Tax Valuation / Protests
  • • Insurance Review
  • • Management Supervision
  • • Owner Communication
  • • Financial Reporting / Sharefile Access

Commercial Management

Greywolf is experienced in managing all commercial property types including office, retail, industrial, and mixed use. Each property is unique, and the services provided to each property are tailored to fit the property type and owner objectives. Our commercial managers are trained to understand all facets of the properties they manage, and are focused on the following services:

  • • Financial Reporting
  • • Tenant Relations / Tenant Retention
  • • Property Maintenance
  • • Long Term Objectives / Business Plan

All of these are interrelated, and are critical to achieving the goals of the owners. The operation and financial reporting for an asset is tailored to the needs of each specific owner. Managers are trained to understand the complexities of leases, and how the timing and financial impact of lease rates and terms plays into the long term objectives and decisions of the owner. Maintaining the buildings to a high standard, an attention to detail and preventive maintenance all ensure that the asset life is extended to the greatest extent possible. Many Greywolf managed properties participate in the Energy Star program, as well as having the BOMA 360 designation. Both of these designations demonstrate the commitment to excellence of the Greywolf team.

Residential Community Management

Every resident in a Greywolf managed property is considered a client. It is our objective to provide quality housing, and exceptional customer service. Our leasing and management team strives to achieve each owner's goals as it relates to the occupancy and operation of the property. Our team provides maintenance and preventative services on all of our sites. Budgeting and financial reporting packages prepared by the managers are tailored to the specific needs of each owner. Deadlines, timelines and specific content are dictated by each individual owner.

Senior Housing / Assisted Living Management

Park Vista Senior Housing Management, a division of Greywolf Partners, provides services in three main areas: asset management, consulting, and development. The information below is just a small sample of the many services offered at PVSHM. Please visit our Residental Properties tab for details on our Senior Housing facilities!

Asset Management

Onsite Property Management

Our onsite property management services will provide your institution with all the elements essential to running a successful senior living residence. We acquire properties at any stage of function and seamlessly transition all facets of operation. Each property receives a custom conversion plan and our leadership team carefully monitors all phases of set up, expansion, or transition. Park Vista's attention to detail minimizes time consuming delays and disruptions within your facility while keeping the focus on your most important assets: your residents!

Concierge Services

Put your senior housing property above all the rest while providing peace of mind to your residents and their families with a comprehensive but affordable concierge service. Modeled after concierge services in the hospitality industry, your custom concierge service plan is specifically designed to meet your residents' wants and needs while enhancing the capabilities of your senior living facility. From transportation services, to appointment scheduling, to dog walking, let Park Vista Senior Housing Management create what will become your property's most popular service!

Consulting

Market Feasibility Studies & Situational Analyses

Whether you are looking to develop a new facility, evaluate a potential purchase, or are in need of feedback to improve your current property, Park Vista Senior Housing Management's custom consulting reports will help you make an educated decision to determine the right pathway for your project. From statistical analysis to site visits to local market snapshots to pro- forma's, we explore and investigate all facets of a project while applying our extensive knowledge of the senior housing industry.

Custom Marketing Packages

Senior living is a unique sector of the housing market. Using our tried and true marketing techniques, we assist you in reaching out to the market you never knew existed! After conducting a detailed audit of the market area and examining any current marketing material, our leadership team will help you develop creative ways to connect with the primary market area in the community and achieve those critical occupancy numbers needed to succeed in the industry.

Development

Investing, Acquisitions, and Due Diligence

At Park Vista Senior Housing Management, we strive to assist our clients in expanding and capitalizing their senior housing portfolios. From locating the perfect investor for your project, to discovering properties for acquisition, to walking you through all stages of development of a new senior living facility, Park Vista Senior Housing Management will go above and beyond to ensure your vision is achieved!

www.parkvistamanagement.com

Maintenance / Engineering

Greywolf can provide individualized maintenance and portering services tailored to your facility needs. Greywolf employs a team of individuals that provide cleaning, general grounds, building maintenance and engineering services in the markets we serve. The amount of time needed can be random or on a scheduled basis depending on the needs of the specific property. Our services include:

  • • Day Porter / Building Service Specialist
  • • Maintenance Technician
  • • Building Engineer
  • • HVAC Services
  • • Preventive Maintenance Inspections and Services
  • • Annual Inspections
  • • Card Access Installation
  • • Video Surveillance Installation

Brokerage / Sales

Greywolf Brokerage has the necessary experience to assist in any and all types of transactions. Whether it’s supporting property owners in maximizing their return on investment, helping business owners find or construct the right facility at the best value, or selling an investment property for a client, Greywolf provides experience and insight. Our professionals provide comprehensive real estate solutions in all asset categories including office, industrial, retail, and multifamily. We work with institutional and entrepreneurial owners, public and private corporations, developers and investors. Our experience and diverse portfolio, which ranges from single-story offices to large corporate headquarter facilities, provides us with an in-depth understanding of market conditions and trends, which enables us to maintain an updated knowledge of the market place.

Our experts utilize sophisticated marketing techniques, multimedia promotional programs, customized marketing materials, and detailed market knowledge to achieve maximum targeted exposure producing desired results. A successful marketing program will include a creative strategy that uniquely presents your property and targets potential users and brokers—and we embody this idea and demonstrate it in the work that we do. Greywolf Brokerage also provides buyer and tenant representation services. Our specialists assist buyers and tenants in analyzing their current and future space requirements through an extensive space needs analysis, detailed market research, and sophisticated financial analyses. As a partner to your business, we strive to achieve transactions that maximize efficiency, save you valuable time and resource, all while a focusing on your bottom line.

Property Owner/Landlord Services

  • • Leasing of commercial properties
  • • Investment sales
  • • Assist in determining the current market value of the property
  • • Analyze the marketability factors
  • • Consult with the client regarding current market conditions
  • • Devise creative strategies for positioning and marketing the unique attributes of each property to maximize visibility and market appeal
  • • Produce quality materials that appropriately communicate the creative concept

Buyer/Tenant Representation Services

  • • Assist in determining the current market value of the property
  • • Extensive space needs analysis with client and develop appropriate scope of services
  • • Perform market research and analysis of available properties
  • • Coordinate tours of potentially suitable alternatives
  • • Negotiate favorable contract terms and negotiate lease/sale agreements
  • • Coordinate build-out schedules/closing process

Development

Whether developing a project from the ground up or expanding an existing development, the Greywolf Commercial Development team will manage all stages of the development process with experience and expertise from start to finish. We closely manage the development process during each step, with the goal of creating a project that offers an immediate return on investment. Each development project presents a unique set of demands and challenges that we face head-on while utilizing our experience, systems, tools and background to create a superior development. The Greywolf Commercial Development team concentrates on identifying the right solutions to each project so we can achieve the vision and fulfil the requests of our client while focusing on a sustainable, efficient and exceptional end result.

Our Development Services Include:

  • • Site Selection
  • • Land Acquisition
  • • Tenant Procurement and lease negotiation
  • • Financial Feasibility Analysis
  • • Planning and Design Oversight
  • • Project Due Diligence
  • • Government Entitlements
  • • TIF Procurement
  • • Debt and Equity Financing
  • • Construction Management

See It In Action...