OUR ADVISORY APPROACH: THINK LIKE AN OWNER
Drawing upon more than 50 years of experience and as a complement to our legacy advisory services, PJSC offers clients a suite of services dedicated exclusively to maximizing their real estate assets.
Whereas many firms in advising real estate do so only as intermediaries, PJSC advises from the unique position of having been principals and owners of real estate. As a result, we are able to analyze opportunities from our clients’ perspective.
PJSC's partnership with JOSS Realty Partners, in its $100mm PJSC-JOSS Real Estate Fund, has produced a unique set of tools when it comes to representing clients.
HELPING CLIENTS DERIVE VALUE FROM REAL ESTATE
We understand that optimizing real estate is not just about maximizing real estate value but also involves strategy to have the real estate maximize the value of the business. Our professionals bring together a wealth of knowledge and creativity to address the real estate assets of a company. We position and monetize them as efficiently as possible and determine the best course of action for a company’s portfolio.
THE REAL ESTATE MARKETS: A CHANGING TIDE
Over the last 20 years there has been a seminal change in how real estate is valued and financed. Real Estate is now considered a valuable long term asset that can be efficiently financed and capitalized. As a result of this change, many companies, whose real estate holdings up until recently simply sat on balance sheets, are able to rethink these assets and extract significant value from them.
The maturity and breadth of today’s landscape offers more capital sources than ever before, which translates to more options for companies. This enables PJSC to present multiple options for a real estate transaction, whether it be stand alone or as part of a corporate financing or M&A assignment.
RECENT ADVISORY WORK
Select recent transactions include advising a New York City family office on the valuation and partial sale of a $250mm portfolio of downtown New York City office buildings and producing a valuation study for a for-profit post-secondary institution vis-à-vis its $300mm New York City portfolio.
REAL ESTATE TRANSACTIONS
- Mortgage Financings
- Prop Co / Op Co Structures
REAL ESTATE ASSET TYPES
- Retail Stores
- Office Buildings
- Distribution Facilities
- Data Centers