Arcturus provides a variety of solutions for owners, users, developers, lenders, and investors of office properties. Our expertise covers all segments of the asset class, from Class A CBD assets in gateway markets to Class B suburban assets in secondary markets. Our senior professionals have acquired and operated tens of millions of square feet of office properties throughout their careers. They have a deep understanding of all aspects of the business, from acquisitions, development, and financing, to leasing, operations, and property management. We have an extensive network of relationships throughout the industry, including investment sales brokers, leasing and property management professionals, construction managers and design professionals, owners, tenants, lawyers, and advisors, which we leverage to help our clients meet their objectives.
Michael Denis, mdenis@arcturusgrp.com
How we support our clients:
- Property/Portfolio Assessments
- Operator/Borrower/Platform Assessments
- Market Assessments
- Investment Strategy Formulation
- Investment Origination and Underwriting
- Due Diligence
- Business Plan Development
- Transaction Structuring
- Capital Markets
- Asset Management, Leasing, and Operations Oversight
- Revenue and Expense Management
- Capital Expense Planning and Management
- Recapitalization
- Restructuring and Special Situations
- Litigation Support
- Stakeholder Negotiation Support/Management
- Sale and Liquidity Creation Strategies
- Sale execution
Recent examples of our work:
New Investment in Class A Office
Arcturus provided buy-side advisory services to an overseas institutional investor seeking to acquire a $350 million Class A office asset located in a U.S. gateway city. Arcturus leveraged its extensive relationships and investment experience to take a lead role in the underwriting, due diligence, transaction structuring, purchase and sale agreement negotiation, and initial business plan formulation. Our involvement secured a due diligence pricing reduction in excess of $5 million for our client, and ultimately facilitated a successful closing of the investment.
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.
Redevelopment Advisory of 1MM SF Office
Arcturus’s team provided redevelopment advisory services to a global institutional investor that was evaluating the potential redevelopment of a 1 million sf office property it owned in a U.S. gateway city. We leveraged our extensive relationships, in-house construction resources, and redevelopment experience to evaluate the project’s scope, cost, and resulting investment alternatives. Arcturus’s involvement provided the client with the information it required to determine, obtain internal consensus on, and implement a successful investment strategy for the property.
Office Portfolio Evaluation
Arcturus conducted a portfolio assessment for a high net worth owner seeking to better understand its holdings and improve the performance of a $250 million portfolio of interests in office properties. The Arcturus team performed a “deep dive” analysis including individual asset valuation, leasing strategy review, and operations and management assessment. The deliverable included a comprehensive overview of the portfolio, a summary of findings, and specific, actionable operational recommendations to enhance the value of the individual investments.
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