In addition to standard asset management services, Ciminelli is uniquely qualified to handle distressed assets on behalf of our clients.
Our experience in the commercial real estate industry provides us with the ability to act quickly and efficiently to safeguard your real estate assets. Managing a troubled asset requires real estate professionals with multiple disciplines to ensure risk minimization and maximum value for the owner. Our in-house team has overseen the asset and property management of Class A office, flex, industrial, medical and retail space, a portfolio that ranges from stand-alone properties to multi-building corporate parks. This expertise, combined with a process oriented approach and state-of-the-art technology infrastructure, allows us to quickly and easily assimilate a troubled asset into our managed portfolio. And it is why so many of these assets have been entrusted to our team.
providing return of equity for investors
work to transfer client risk to vendors
ensuring fair values and reducing operating expenses for our clients
that are realistic and in line with client goals
Property owners can sometimes either overlook - or just be overwhelmed by - the “fine print” of asset ownership. For instance, risk management is a critical tool to make sure you’re not held liable for someone else’s mistake. Ciminelli’s asset management team takes on that responsibility for our owner clients, working to transfer the risk from owners to responsible 3rd parties wherever possible through our master service agreements and vendor insurance coverage.
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