Acquisitions

Walter & Samuels, Inc. places great emphasis on the expansion of its real estate portfolio. Our specialty lies in identifying and acquiring undervalued properties, using strategic capital investment to enhance value. Our general goal is to hold these assets in our portfolio for the long term. Through our aggressive management and leasing programs we are able to turn these assets around over time, generating profits for our investors. David I. Berley, our long-time chairman, is renowned in New York for his unique ability to anticipate changing market conditions, and for responding to them with innovative financing strategies that provide our clients significant returns.

As soon as a potential real estate asset is identified, the sophisticated acquisition team at Walter & Samuels, Inc. mobilizes into action. Drawing upon our extensive management and leasing talent pool, we conduct a thorough neighborhood market analysis to quantify current demand for space. This data is used to generate market leasing assumptions and tenant-improvement cost estimates. Next we look at the existing rent rolls and assess the strengths and weaknesses of the current tenants. Possible capital improvements are considered as to how they would impact the marketability of the asset. Operating expenses are analyzed on a per square foot basis and compared with similar buildings both in and out of our portfolio to identify anomalies and possible savings. Using sophisticated computerized projection programs, data is assimilated and future cash flows are projected under a variety of assumed market conditions. Financing structures are formulated to optimize the returns for our investors, and minimize risk. Finally, graph models clearly show net present values and internal rates of return for each financing structure.

Walter & Samuels, Inc. employs creative financing arrangements and tax structures which enable our partners to capitalize on our investment opportunities. To facilitate an acquisition, Mr. Berley will form limited partnerships, or enter into joint ventures with individual investors or financial institutions.

When it comes to tapping into the hidden potential of real estate, nobody outperforms Walter & Samuels, Inc. Investors trust us for a reason: for over half a century we have been making fortunes for our investors in New York real estate.