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Nassau Capital Advisors, LLC provides
clients with a core menu of financial services:
Debt
and Equity Financing for Income Property:
- Conventional mortgage loans
- Joint venture equity
- Securitized debt
- Participating loans and mezzanine funding
- Government agency financing for multi-family and economic development
projects.
We represent only borrowers, not lenders. This means our efforts
and allegiance are focused exclusively on the interests of our clients
in procuring the most competitive financing package in the market.
| Case Study: Nassau Capital
Advisors, LLC recently procured $26 million in construction
and permanent financing to fund the construction of a 166,000
s.f. package distribution facility for Federal Express in New
York City. Our client, a leading developer of commercial properties
in the Northeast, arranged a 20-year lease with Federal Express
for a build-to-suit development on a leasehold interest in Lower
Manhattan. Our financing package included a construction and
non-recourse permanent loan commitment through a single lending
source, and a forward 15-month rate-lock commitment on the permanent
loan which was issued at commencement of construction of the
project. |
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Project Management Services:
Nassau Capital Advisors, LLC provides a full spectrum of project management and development services which focus on the proper planning, design and execution of real estate development projects. We specialize in the management and development of mixed use, downtown redevelopment projects, as well as public/private partnerships formed to undertake development.
| Case Study: Our team managed the planning, design and development of the Park Plaza Redevelopment in downtown Princeton, NJ. This project included the design and construction of a new 500-car municipal parking deck and public square for the Borough of Princeton, along with design and construction of two five-story commercial buildings as part of the redevelopment. The two commercial buildings feature 77 units of upscale rental apartments along with first-floor retail stores. The project has been developed pursuant to a public/private partnership between the municipality and our client, a related private development company. The project won the coveted “Smart Growth” award for 2005 from New Jersey Future for excellence in redevelopment planning and design, as well as innovations in project financing. Visit the project website at www.princetondowntownliving.com. |
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Investment
Sales of Income Property:
- Portfolio dispositions
- Single building sales
- Joint venture transactions
- Forward commitments to acquire development of new income property.
| Case Study: The principals of the firm
recently completed the sale of a Class A suburban office portfolio
in the Philadelphia market as exclusive agent for the Henderson
Group. The property included three office buildings totaling
371,000 s.f. of space plus a pad approved for an additional
135,000 s.f. Following a very competitive process and analysis
of multiple offers, we assisted the client in consummating a
sale with Mack-Cali Realty, a national REIT organization based
in Cranford, NJ. |
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Strategic
Development Advice:
- Assessing the profitability of proposed development opportunities
- Assembling development sites quickly and efficiently
- Negotiating and structuring new development or redevelopment
projects
- Restructuring existing leases or debt arrangements to create
new value for clients
| Case Study: The firm provided
extensive financial advisory services to a private development
corporation and the City of Trenton (NJ) in connection with
the design, financing, and development of a 200-room hotel and
corporate conference center under construction in downtown Trenton.
The $55 million project will be managed by Marriott Corporation,
and is the centerpiece of the City's ambitious downtown renewal
program. The project is distinguished by a number of innovative
financing structures which our firm helped organize, including
substantial capital contributions by public agencies, long-term
state lease in an adjacent parking garage, and low-interest
financing for the hotel and an attached parking garage. Nassau
Capital Advisors, LLC also provided substantial assistance to
the development corporation in negotiating contracts with the
project design team, construction manager, bond underwriters
and other key consultants. |
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Economic
Development Incentives:
As a leader in the field of structuring economic development incentives
for major corporations, Nassau Capital Advisors, LLC can assist
clients in procuring financial incentives from state and local development
agencies. Such incentives can often reduce the capital costs of
a project by 15% or more. Such incentives frequently include:
- Real estate tax abatement
- Long-term, low interest subordinated financing
- Sales tax exemption on purchase of equipment
- Substantial energy cost reductions
- Grants for customized worker training
- Loans and grants for infrastructure improvements such as roads
and utility services
In connection with its incentives practice, Nassau Capital Advisors,
LLC works closely with its affiliate, Stadtmauer Bailkin,
LLP, a law firm based in New York City. Stadtmauer Bailkin,
LLP provides an extensive national practice of economic development
incentives for scores of leading corporations.
| Case Study: Nassau Capital Advisors,
LLC and Stadtmauer Bailkin, LLC have represented Merrill Lynch
& Co. in connection with the procurement of approximately
$23 million in economic development incentives from the State
of New Jersey for the development of a 1.5 million square foot
office campus in Hopewell Township, NJ. In addition, our incentives
group arranged $22 million in economic development incentives
for Merrill Lynch from the City and State of New York for a
700,000 office acquisition in New York City. And most recently,
we have arranged $31 million in development grants to Merrill
Lynch in connection with the firm's leasing of 300,000 of office
space in Jersey City, NJ for its expanding brokerage and investment
banking operations. In each case, we worked closely with senior
real estate officials at Merrill Lynch to prepare a strategy
for incentives. We represented the firm in the negotiations
for such incentives, and our legal group assisted Merrill Lynch
in completing the necessary agreements with the public agencies.
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Our values are an essential part
of the service we provide to clients.
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Uncompromising trust and integrity form the
essential foundation of each of our client relationships. Our
commitment to the interests of our clients is total, and we
understand that we reach our goals only when our clients reach
theirs. The reputation of our principals for integrity and honorable
dealing, hard-won over many years of successful transactions
in the real estate capital markets, enhances our ability to
execute and close transactions for our clients efficiently and
without needless delays or complications.
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We are tenacious on behalf of our clients, whether
the project involves a $5 million refinancing, a $25 million
economic development incentive package or a $100 million portfolio
sale. Our negotiating prowess is second-to-none. Our mission
is to exceed your expectations on every project.
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We believe creative, entrepreneurial solutions can add
the most value to a client's business, so we bring our
broad experience in real estate development and finance, both
as agents and principals, to each assignment. Our clients have
been extremely pleased with our performance in executing transactions
such as debt offerings or investment sales. But most will agree
that our greatest value is the advice we provide throughout
the transaction concerning the development of a strategy and
identification of unexpected opportunities to create value across
all elements of the firm's business. Perhaps these qualities
we bring to our assignments explain why we have developed so
many multiple-project relationships with our growing roster
of clients.
Our clients deserve the very best market data, analytical
prowess, and technological support in executing an assignment,
and we are committed to delivering those services. We have invested
substantial resources in establishing and maintaining one of the
industry's most extensive capital markets databases, so that our
clients have the benefit of full, competitive access to the hundreds
of specialized capital sources around the world in seeking funding
for a project. By employing the highest and most advanced analytical
standards in the industry, we insure that a client's offering will
be distinguished by the quality and integrity of its presentation.
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