CHANGE MANAGEMENT, REPOSITIONING & TURN-AROUND:  

Whether integrating into a company’s operating structure or taking full charge of the day-to-day operations, Peryn assesses critical issues and then takes responsibility for the investment performance, reporting and execution of the strategic plan for a real estate asset or portfolio.  Through a valuation driven process, we provide leadership to staff and play an active role in maximizing the property’s potential by employing aggressive leasing strategies, continuous maintenance, capital improvements, revenue generation, rigorous cost controls, utility conservation, operational risk management and asset positioning.

Due Diligence & Investor Services for Buyers,  operators  and  lenders:

There are a lot of moving parts that will need to be researched, aggregated, assessed, considered and decided upon when acquiring operating or funding real property.  Peryn assists investors, business owners and lenders to understand the financial and physical property condition, capital requirements, market forces and risks in order to make informed decisions.  Peryn can help get the deal done by providing the following services:


  • ​Inspections
  • Investor & Lender Presentations
  • Energy / Green Audits
  • Financial Modeling
  • Lease vs Purchase
  • Market Analysis
  • Repositioning Strategies
  • Lease Audits
  • Owner Representation

value add Approach to property Management:​

Advisory

Property and operational Assessments:

Peryn Realty will take a comprehensive review of specific areas of concern or an organization's entire real estate operations and holdings. We than provide a report with our findings including detailed recommendations for improvements and the anticipated effect on the operations and cash flow.

We are solution oriented; not transaction driven:  We help our clients evaluate their options, operate their properties and create custom solutions to protect and improve asset value.  Peryn’s methodology works toward a balance of idea generation, best practices, cost/benefit analysis, and operational measures to achieve a company’s short and long term goals.  We develop flexible, cost effective solutions based on the needs of the client.

Preparing a Property to Sell or Refinance:

In order to maximize value, avoid conflicts of interest, delays and added expense, the sale or refinancing of a property requires preparation, market knowledge, strategy and positioning.  Nothing devalues a property more than having an owner or broker going out to the market with unprofessional, inaccurate or incomplete financial reporting or property information.  You also run a greater risk of the deal getting renegotiated after an agreement is signed.  On an as needed basis, Peryn can analyze the market, assess the bricks and mortar, review financial and property reports, develop due diligence material, Identify anticipated issues, determine the cost to resolve deferred maintenance or environmental concerns, and remove violations.  We want to make sure that you, or your broker, can have the tools to be successful and put your best foot forward.

Integrating the art and science of operational real estate

Peryn Realty provides flexible, cost effective advisory or project based services.  Owners and Lenders who need a trusted professional to research information, complete tasks or provide actionable advice, without any conflicts of interest, rely on Peryn to help. 

Property Management


real estate Management and Advisory

DISTRESSED, WORKOUT AND REO:

Peryn’s understanding of distressed real estate and ability to create value, positions the firm to professionally handle challenging properties that are distressed, going into receivership, foreclosed or given back to the lender.  Peryn gets control of a property that has been mismanaged, managed down or suffered from the foreclosure process.  Unlike typical third party management firms or Court Appointed Receivers, we don’t simply ‘Rearrange the Deck Chairs on the Titanic’ while collecting fees.  We dig in and do what we need to do to stabilize operations, provide accurate reporting, increase value, and then develop a marketing & due-diligence package to sell or recapitalize the property.  We can market the property or work with your broker through the post-closing documents.

Strict Alignment of Interest:  Peryn requires, and maintains, a strict alignment of interest with the client.  All sources of compensation are transparent and structured to promote mutual success. We will not profit from application fees, property repairs, accept rebates or finder fees, payroll reimbursements, placing insurance, advertising, out of pocket reimbursements, and after hour emergency service calls.  We will actively seek co-brokerage participation when seeking the best tenants and buyers in commissionable assignments regardless of a reduced fee. (Does your current property manager, advisor or broker abide by the same commitment?  Can they prove it?  I didn’t think so.)

Copyright © Peryn Realty, LLC. All rights reserved.

Peryn Realty’s adaptive approach to property management is unavailable through traditional third-party managers.  Because our clients needs can change over time, we can either integrate within an owner’s current management team or take full charge of the day-to-day property operations and financial reporting.  We believe in open communications, schedule regular meetings and provide 24/7 access to real time financial and property reporting via password protected online access to our industry leading property management software.


Whether it’s operating a mature property, transitioning family held assets, repositioning a property in a changing market, or stabilizing and turning around a distressed building, Peryn has extensive experience developing and executing customized property management plans that meet the needs of our clients.  Assignments usually begin by meeting with the owner to discuss current issues, near term expectations and long term goals.  We then review the financial performance, physical property, day-to-day operations, tenant mix and position in the market.  Afterwards, we meet with the ownership to discuss our findings in order to develop a plan going forward that addresses the client's specific goals, reduces operating risk, and builds quantifiable value.