Property and Facility Management is more than just maintaining buildings. It's about understanding our clients' needs; both building owners and occupants. Ciminelli approaches property and facility management with the goal of identifying efficiencies and capitalizing on them to provide economic benefits to the client. Whether managing an owner-occupied building, or managing a single or multi-tenant building on behalf of an owner, our professionals work closely with each client to deliver cost and operating efficiencies. We are committed to upholding a high standard of excellence and to continually improving upon the service and value we provide for our clients.
The Ciminelli approach to leasing and sales focuses on facilitation of transactions which increase a project's value and enhance an investor's return on ownership. Our extensive knowledge of real estate market trends coupled with strong relationships forged with local and national brokerage firms over the past 25 years, helps Ciminelli create success for its clients.
As a leader in innovative and effective sales and marketing programs, our professionals work with each client to develop a strategic plan of action based on their investment goals. Key areas of action include:
- Create and maintain market awareness through advertising initiatives, community involvement, national and regional internet listing outlets, creation of website profiles, hosting of special events and development of strong broker relations
- Facilitate aggressive and focused direct marketing initiatives through direct mail, email broadcasts, targeting of high priority prospects for personal contact, and utilization of our existing contact, client and network bases
- Enhance project marketability by working closely with the owner and property management team to maximize aesthetic appeal and marketability of the project
All initiatives are created and implemented in-house, giving our team the flexibility to respond quickly and adapt to the changing needs of the market, and our clients.
Whether identifying investment properties with upside potential, maximizing returns during ownership or effectively marketing the property for disposition, Ciminelli manages the entire investment cycle for the benefit of our clients. Our team of real estate professionals possess the expertise to provide optimal client solutions by crafting innovative ways to bring together real estate and the capital markets to maximize value. Comprehensive analysis identifying the current and future marketability of the asset, the anticipated capital needs, and the projected return on the owner's investment are assembled for each asset we represent. This focus continues throughout the negotiation process with the client's goals and objectives always at the forefront. Our acquisition and disposition services include sourcing of properties, investment analysis, market analysis, underwriting and due diligence support, support in securing equity and debt, property repositioning and investment and user sales.
Ciminelli is ideally qualified to service the unique needs of distressed assets. Our vast scope of experience in the commercial real estate industry provides us with the ability to act quickly and efficiently to safeguard a real estate asset. Ciminelli has worked for lenders, attorneys, loan servicers, asset managers and third-party owners and is experienced in providing the kind of comprehensive and detailed reporting and analysis required to monitor and assess the real estate they come to own or manage.
Creating value and maximizing returns for owners who entrust their assets to us is the core of Ciminelli's asset management approach. Our team oversees properties from an owner's perspective, and focuses on the following areas:
- Lease analysis with owner's Return On Investment in mind
- Review and monitoring of lease terms and related agreements
- Advising, creating, and monitoring of operating budgets
- Debt placement and analysis
- Advising and monitoring of long-term capital budgets
- Financial modeling for property acquisition & disposition
As managers and representatives of over 9 million sq. ft. of commercial space, our professionals possess extensive knowledge of the operational components of both the physical building and the deal itself, including rates, operating expenses, amortization, term, capital expenditures, etc. As such, our professionals are uniquely qualified to negotiate the best deal possible for the select tenants we represent. Ciminelli's tenant representation services include strategic planning, client needs analysis, determination and survey of alternatives, preparation of request for proposals, analysis of proposal responses, lease negotiation, coordination of support services, tenant improvement coordination and move-in and post-move follow up coordination.
Our development team has extensive experience in ground-up development, SEQR process, Brownfield redevelopment, site selection, entitlements, permitting, design, complex environmental issues, incentives, and sustainable and Green design. The biggest challenge many development projects face is navigating through the approval and permitting process which includes coordinating the interests of all stakeholders—the surrounding neighborhood, the municipality, regulatory agencies, the project's tenants, and investors—takes keen insight, strong relationships, and dedication to the project. Our team thrives on this collaboration and coordination, and oversees the entire process from acquisition and development through project completion.
Ciminelli"s Development team brings an owner's perspective to projects, creating quality, value and delivering long-term building efficiency to our clients.
Few trends in real estate have moved to the forefront of our industry as quickly as green design. Ciminelli's response to this trend was swift and well planned. As a result, we were the first developer in the region to have LEED Accredited Professionals on staff, offering excellence and understanding in sustainable design and green development.
Ciminelli is involved with numerous projects that are in various stages of LEED Certification, totaling over one million square feet of space. These projects include office, warehouse, and medical space that we have developed for our clients and existing buildings we have provided LEED consulting services for.