Asset Management and Property Operations

Arcturus has a fully integrated real estate operating platform that provides a wide range of asset management and operating services to its clients. We have a deep understanding of the critical aspects of operating real estate investments and a team of people experienced in doing so. Successful investing is predicated on making smart, informed operating decisions, and executing them skillfully. Whether it’s leasing and tenant relations, managing operating costs, making capital investments, or the myriad of other aspects that drive operating results, we have the experience, analytical rigor, and work ethic to help our clients uncover value and make smart operating decisions.

Arcturus can serve as an operating partner or asset manager to owners/investors, or can provide situational advice on discrete operational aspects, including:

  • Market and asset positioning studies
  • Financial performance analysis
  • Expense assessment and control
  • Business plan development
  • Tenant retention strategies
  • Zoning and entitlement review
  • Leasing strategy formulation
  • Capital investment assessment and return analysis
  • Financing activities
  • Redevelopment plan formulation
  • Asset valuation, investment return and sensitivity analysis
  • Cash management and treasury services
  • Construction and tenant improvement oversight
  • Environmental and engineering oversight
  • Property tax and insurance review
  • Buy/hold analysis
  • Liquidation strategies

We achieve successful outcomes for troubled or transitional assets that require repositioning, ownership restructuring, recapitalization, or other complex problem-solving to stabilize and recover investment value, as well as stable assets where a higher degree of operating expertise can help investors avoid future problems and generate incremental return.

Recent examples of our work:

Financial Turnaround of 500 Unit Apartment Property:
Arcturus advised a U.S. lender on the repositioning and eventual sale of an underperforming, garden-style property located in a southwest U.S. city that had been foreclosed on. Arcturus’s asset management professionals executed a financial turnaround of the property by utilizing our operational knowledge and a hands-on approach to increase occupancy, implement expense reduction strategies, and boost NOI. The effort resulted in a successful sale process above the Client’s expectations.

Asset Management and Disposition of NYC Office Portfolio: 
Arcturus provided asset management and transaction management services to a high net worth owner seeking to optimize the performance of, and then liquidate, a portfolio of Class B office assets in NYC. Arcturus performed a comprehensive assessment of each asset, developed value enhancement strategies to increase NOI, oversaw leasing and management, and ultimately led the sale process. The multi-year engagement resulted in improved financial results and the successful liquidation of the client’s investments substantially above initial pricing expectations.

Repositioning of 500k SF Lifestyle Center: 
Arcturus advised on the acquisition and repositioning of a 500k sf retail center in the Western U.S. for a large alternative investment manager. Our investment and asset management team led the acquisition process, developed a business plan, and executed a multi-year strategy to reposition the property from a traditional apparel-driven lifestyle center to an entertainment and dining driven center, driving tenant demand and modernizing the customer experience.