Services

Property Management

Our Property Management team is dedicated to provide the highest level of property management services for individuals and investors alike in the industry. With over 50 years of combined experience of owning and managing shopping centers, our team understands that property management is not just a relationship between Landlord and Tenant, but a partnership between Owner and Client. Our team of dedicated professionals understands the level of importance relating to all leasing and property management issues.

Our goal is not only to meet our customers’ expectations but to surpass them.

We are forward-thinking professionals who understand the business of property management today, with a commitment to create opportunities for tomorrow…

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Leasing

Leasing by Altus means moving away from the typical “sign-generated” leasing program and stepping up service with Altus’ more advanced market-driven approach, which has been honed by nearly 50 years of exceptional experience in leasing shopping centers. Our advantage evolves around our process of determining demographic spending relative to the competition in the trade area. This process enables us to focus on under-served tenant categories with the highest probability of long-term success. The next step is using our extensive tenant relationships to focus on the best operator per category that is not serving a given trade area. In addition, Altus does not just rely on its reputation. We actively pursue and prospect for new tenants from competing centers, because we prefer tenants that have demonstrated an ability to profit in a given trade area.

What does all this mean?
Our properties stay fully leased resulting with a greater NOI, and more value creation for our clients.

Tenant Transactions:
Starbucks, Chick-fil-A, Subway, McDonald’s, Verizon, Liberty Mutual, Talbots, Jos. A. Bank, Lucky’s Farmers Market, Regus and Aspire Fitness.

 

TENANT REPRESENTATION

Our team is driven by building and developing relationships based on the needs of the tenants we represent. Our mission is to provide the best results for our clients.

Acquisitions/Disposition

In the current real estate cycle, ALTUS’ overall strategy is to exploit and take advantage of the value gap between stabilized, core, near core and value added properties. Our goal is to enhance value for low demand assets that require seasoned real estate professionals to improve them. To this end, we focus on a diverse portfolio of investments. Whereby substantially improving the value through intensive leasing, marketing, operational and financial management. All the while, enhancing value for our partners!

ALTUS’ extensive experience in pursuing this strategy through all parts of the real estate cycle and across a broad range of property types and investment structures has resulted in many valuable lessons learned and a further focusing of its investment strategy to capitalize on ALTUS’ competitive strengths.

Although current market conditions prove to create a difficult environment for real estate performance, Altus believes that a highly attractive real estate investment environment is available to investors with proven real estate expertise, local market knowledge and the ability to execute sophisticated investment strategies. ALTUS believes that its track record and extensive market awareness give it the qualifications and competitive advantages necessary to successfully invest and manage its investments.

Property Types: Retail, Office, Industrial and Net Lease.

Geographic: Major Markets throughout the United States

Investment: $2 MM to $50 MM

Special Situations: Distressed note and partnership recapitalizations

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ADDITIONAL SERVICES

ASSET MANAGEMENT

We have developed, managed, repositioned, and leased over 3 million square feet of investment properties.

Our extensive experience in all aspects affecting the life cycle of a real estate investment provides a greater certainty of reaching our client’s financial goals.

Our team combines experience with broad market awareness and extensive cyclical experience.

EXPERT WITNESS

Howard’s areas of expertise are:

  • Commercial Real Estate/Shopping Centers/Office
  • Special Master
  • Property Management
  • Leasing
  • Land Use/Valuation
  • Landlord/Tenant
  • Asset Management

To learn more about Mr. Ball, please click here.

For more information, please contact Howard directly.

DEVELOPMENT

With over 50 of years combined experience, the Principles at Altus have developed, managed, repositioned, and leased over 3 million square feet of income-producing properties, with a primary focus on retail, office, and mixed-use land developments, both as primary developer, or as the equity joint venture partner to other developers.

Tenant relationships developed in the past include: Aspire Fitness, Sports Authority, Verizon, Brinker International, Gold’s Gym, Kroger, Waffle House, Shell Oil, Blockbuster, Massage Envy, Cingular Wireless and numerous other regional and national chains.