We provide professional full service commercial real estate sales, leasing, marketing and buyer/tenant brokerage representation since 1987 to the tri-state area of Pennsylvania, New Jersey and Delaware.
Prestige Group relieves the Owner of the day to day obligation of property management.
We are capable of handling all of our client’s property’s needs with comprehensive property management for the commercial, investment, industrial and flex building property owner.
Prestige Group also offers Real Estate Consultation which promotes the growth of our Clients’ investments.
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PROPERTY MANAGEMENT
FINANCIAL MANAGEMENT
LEASE ADMINISTRATION & NEGOTIATION
MARKETING
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Prestige Group’s strong relationships with allied professionals are part of the services we offer.
The successful negotiation of an Agreement of Sale or Lease is only the first step in the completion of the deal. Typically, contingencies must be met before a successful settlement.
We are able to assist our clients by maintaining a list of various professionals in whom we have great confidence.
Legal
Real estate professionals are not lawyers and vice versa. Situations frequently demand legal expertise. We know experienced proficient Real Estate and Business Attorneys who utilize their skills and knowledge to best advise our clients and who seek to fulfill our clients’ goals by working through the legal aspects in a deal to get the property to settlement.
Engineering
Occasionally a deal is dependent upon precise engineering information. Often, the Client does not have the professional contacts necessary to get the accurate information to resolve the issues. Because Prestige Group is actively involved in many deals involving engineering, we are able to suggest the best engineer for the job. Our relationships are strong and guarantee quick response time, which is critical in this business.
Title
Our strong working relationships with several of the leading Title Companies are an unseen, value added asset for our Clients. Title searches are done promptly to give us time to handle any issues which may arise. We have the confidence that if a title problem does surface, these Title Companies have the resources and expertise to resolve it.
Financing
Sound financial structuring of deals is critical. In providing value-added services to our clients, Prestige Group collaborates with major national, regional and local financial institutions and mortgage lenders who offer a variety of financial products to suit almost every situation. The professional working relationships that Prestige Group enjoys with these mortgage lenders and financial institutions ensures that our Clients receive competitive financial terms and a smooth proficiently administered settlement process.
Environmental
In the rapidly changing and increasingly litigious world of environmental issues, it is crucial to know experts. A sound professional can proficiently and rapidly advise of and or remediate the environmental issues backed with knowledge of the most current governmental guidelines and on-site experience. Most Buyers and Sellers, not being familiar with these issues, find it very comfortable dealing with environmental specialists.
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PRESTIGE GROUP IS HIGHLY SKILLED TO
MEET THE CHALLENGES OF A BROAD RANGE OF COMMERCIAL REAL ESTATE
MULTI FAMILY SALES
The Prestige Group reputation precedes itself! Our expertise in this field is unparalleled!
With over 7,000 units sold in the region and a sales volume exceeding $200 million, it is easy to see that we are “The Multi Family Specialists”.
Our Multi Family Sales Team is uniquely suited to represent apartment Owners and Buyers.
Being able to understand and analyze financial statements, the neighboring marketplace, market trends as well as comparable sale values enable us to more accurately value a property prior to marketing for a Seller or beginning negotiations on behalf a Buyer.
Our in-depth review and assessment of multi family properties often yield the Sellers more for the property than the Sellers originally anticipated.
COMMERCIAL SALES
Our experienced sales staff has handled all types of commercial properties; from converted bank buildings, retail buildings, gas stations to garden centers and commercial land for development. Having experience listing and selling one of a kind properties adds to our knowledge of real estate sales that makes us even more able to successfully market the next “one of a kind property”.
INVESTMENT PROPERTIES
We are the best choice for investment sales in the region!
Members of the Prestige Group Team have in-depth expertise and knowledge that is vital for understanding the complexities and nuances of Investment real estate. We understand a profit and loss statement, financial analysis, forecasting, market trends as well as know the marketplace and comparable sales. These are key to successful transactions.
INDUSTRIAL & FLEX PROPERTIES
The underserved market of industrial and flex properties has a dynamic and vibrant home at Prestige Group!
Our specialists in this field have backgrounds in industrial and manufacturing. They have first hand experience dealing with issues that are specific to the industrial and flex real estate world; zoning, environmental, governmental agencies, ability to read a blue print and space fit-out, to name a few.
Whether a sale or lease, these transactions are often complicated. Our sales team has the know how to get these deals done.
SENIOR HOUSING AND HEALTH CARE FACILITIES
The Senior Housing Division of Prestige Group specializes in brokerage, mergers and acquisitions for the health care industry.
Our immersion in each transaction and dedication to the Senior Housing Market enables us to deliver successful results to our Clients. Through our national, regional and local relationships, we are deeply connected to the industry and can see movement in the market as well as identify trends as they develop.
Ron Krieger has been with Prestige Group’s Senior Housing division for over fifteen years. He is one of the nation’s leading experts in the demanding and complex field of Sales, Mergers and Acquisitions of Senior Housing and Health Care Facilities.
Ron has negotiated more than $200,000,000 in transactions including the sales of facility owners’ corporate business assets and real estate.
For more information about Senior Healthcare Facilities: www.PrestigeGroupSeniorHousing.com
Contact Ron Krieger: RKrieger@prestigegroup.com or 800-866-5876 ext.102
OFFICE LEASING
From individual office suites to small and mid-range office buildings, we are knowledgeable of Tenant and Landlord needs. Having a proficient understanding of office leasing makes the negotiation process much smoother for all parties. We assist in the entire negotiation process from price, length of lease though tenant fit-out.
Knowing that Prestige Group is deft at office leasing eases the anxiety of the inexperienced Tenants. Landlords are confident to have Prestige Group market their office building because they know they have employed a professional real estate organization committed to diligently market their property.
Our success is measured by our many repeat clients!
LAND DEVELOPMENT SALES
With President and Founder, Richard Natow, at the helm of the Land Development Sales Division, our success in dealing with land owners, builders and developers has been tremendous!
Natow’s 25+ years of dealing with all aspects of land sales and land development make him the builders and developers choice to locate land for development and then market the new homes.
Sound understanding of the complexities of the development process includes the permitting and construction process, demographic modeling, traffic count data, zoning issues, density, flood plains, ability to read blue prints as well as environmental issues.
This enables Natow and his team to advise land Owners and Buyers as to the value of the land by determining its development potential.
Our niche of locating and marketing land is unique in this marketplace. There is no Broker in the industry with the expertise, knowledge, relationships and history of successful land transactions as Prestige Group!
Our data base of Owners and Builder/Developers is second to none! Our knowledge of the marketplace and keeping a watchful eye on industry trends keeps us on the cutting edge of this field.
Under the direction of Richard Natow, Prestige Group has been awarded numerous prestigious awards for marketing by various regional Builder Associations.
Natow’s expertise, relationships, experience and intuitive feel for the land business makes him the Builders Choice!
NEW HOME SALES
The marketing of new home developments is a hallmark of Prestige Group. Having over 25 years experience selling new homes in the region as well as being the recipient of numerous industry awards for new construction marketing makes us truly “The Builders Choice”.
Under the direction of Richard Natow, President, all of our new home developments get his personal approach to marketing. We handle all aspects of the marketing; from advertising, on-site sales staff, contract preparation, negotiations, selections and change orders through settlement.
Our expertise in this field makes the co-operating Brokers jobs easy. Our well trained, proficient on-site sales teams are ready to answer the Buyers questions. Our settlement department is adept at dealing with the nuances and specifics of a new construction transaction.
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OUR PROVEN MARKETING SYSTEM
ACHIEVES SUCCESS FOR OUR CLIENTS
The Prestige Group is dedicated to provide value added professional real estate services to our clients by being fully knowledgeable of the marketplace as well as our Clients’ individual goals.
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PROPERTY EVALUATION
Successful marketing of commercial and investment real estate properties begins with proper pricing. To achieve the maximum price for a property requires accurate evaluation.
Prestige Group’s professional sales team does exhaustive research to best market each property. We develop a knowledgeable profile of the specific property as well as the marketplace.
We implement professional standards in our valuation process such as review of income and expense sheets, rent rolls, vacancy factors, neighborhood and regional trends as well as comparable property sales and leases.
We conduct a pre-market evaluation of the property that includes historical and current financial information, performance, potential up-side, asking price range and capitalization rate calculations etc.
We combine our empirical data with our experience of Investors and Sellers goals to properly value the property.
Our in-depth assessment of a property often yields the Seller/Landlord more for the property than the Seller/Landlord anticipated.
MARKETING
Our years of developing relationships with decision makers in the commercial real estate business, (Investors, Owners, Users and Institutional Buyers) are key to the success of our proven marketing system.
A specific marketing plan is developed for each of the properties we market.
Brochures
Target Marketing
E-Advertising
Advertising
Brokerage Community Cooperation
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SELLER/LANDLORD SERVICES
Prestige Group offers comprehensive Seller/Landlord Representation Services; from planning, positioning and marketing a property, determining the value, identifying, soliciting and qualifying buyers/tenants, through negotiating the deal to the closing.
We represent companies and individuals in selling and leasing their properties.
Seller Services
Landlord Services
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BUYER/TENANT SERVICES
We are able to find the best real estate solutions for our Buyers/Tenants through collaboration with property owners with whom we have deep relationships . We work with Buyers/Tenants on an exclusive basis and represent their best interests during the entire process of searching for a property, negotiations and settlement or occupancy.
We assist our Buyer clients by helping them create a reliable investment strategy by utilizing our resources to find properties best suited to their individual goals.
Buyer Services
Tenant Services
1031 EXCHANGE and TENANT IN COMMON (TIC) TAX DEFERRED EXCHANGES
The Prestige Group team understands the complexities and strategies needed for a successful 1031 exchange. Time being of the essence in a 1031 or Tenant in Common tax deferred exchange, Prestige Group works diligently to complete the transaction. Our exclusive client representation enables our client to get the needed peace of mind that a real estate professional is diligently working on their behalf to achieve a successful 1031 or TIC Exchange.
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WHY PRESTIGE GROUP?
EXPERIENCE ■ EXPERTISE ■ RELATIONSHIPS
It’s the approach that gets the job done!
We have the experience, market knowledge, deep relationships, specialization,
unique marketing system and old fashioned street smarts to get the job done!
PRESTIGE GROUP IS THE ONLY NAME YOU NEED TO KNOW
FOR COMMERCIAL AND INVESTMENT REAL ESTATE BROKERAGE!