With the goal of optimizing performance, our asset management group oversees all aspects of each real estate asset with an eye toward maximizing its value to ensure future profitability. With this vision for long-term growth, we keep projects moving forward by providing the kind of comprehensive management and performance that produce results.
THIRD PARTY SERVICES
CASTO provides services to clients that want a single-source company for all their real estate needs, as well as those that need a specific third-party service. Helping owners achieve their financial objectives by leveraging core competencies, market strengths and competitive advantages in ways that maximize value and produce returns, we are able to craft innovative solutions within critical time constraints.
Our third-party services include (but are not limited to) Property Management, Leasing, Development, Tenant Coordination, Commercial Maintenance, Real Estate Tax Consulting, Acquisitions, Dispositions and Financial Services.
The property management team is responsible for the physical maintenance of our properties, tenant and resident management, tenant coordination, lease compliance and accounting. From service contracts to annual budgets and procedures, every operational aspect of our commercial and residential properties, including rent collection, CAM, taxes and insurance, energy management and maintenance contracts, is continuously analyzed to achieve ownership objectives.
Setting the new standard for commercial maintenance, we now offer the full range of services that we apply to our own properties to third-party owners of retail, office, industrial and warehouse properties. Companies seeking a single-source for their maintenance needs can rely on CASTO's commitment to client service and our ability to enhance the value of real estate assets. Exceeding our clients' expectations of what third-party maintenance should be, we deliver what we promise.
Why choose CASTO for your commercial maintenance needs? The decision to contract for commercial maintenance services allows owners the freedom to do what they do best and leave the nitty-gritty of maintenance to the experts. It is our goal to provide quality, responsive maintenance services that focus on cost control and expense reduction while safeguarding the long-term physical and economic value of each real estate asset. We believe that consistent attention and scrutiny is the far-sighted and cost-effective way to avoid huge costs in the future.
Leasing is a business of relationships and our clients benefit from our customer base of over 1,000 current national, regional and local tenants. For more than eight decades, we have demonstrated success across all property types, including neighborhood, community and power centers, single-entity, mixed-use, lifestyle and urban properties, as well as development and redevelopment projects. We believe that the best mix of dynamic anchor tenants, complementary retailers and service providers plus the diligent selection of outparcel users create excitement, define the personality of each property, and provide the opportunity to realize maximum achievable rents, mutual goals and profitability.
Our team of leasing professionals currently provides services for more than 23 million square feet of commercial properties. Our leasing services include:
- Targeting tenants
- Tenant retention strategies
- Negotiation of new leases and renewals
- Rent abatement negotiations
- Tenant mix analysis
- Overall market study
- Creating marketing collateral
To assist with leasing efforts, we utilize our in-house marketing team to develop and implement effective marketing plans that utilize various media alternatives, including internet, social media, email broadcasts, signage and collateral materials, as well as public relations efforts.
CASTO provides comprehensive financial management of each asset for our owners and investors. Our financial services include mortgage banking, commercial mortgage loan servicing, and construction loan, equity investment, mezzanine financing and brokerage services. We have established and continue to maintain excellent relationships with financial institutions, institutional lenders and equity investors to facilitate capital formation for the financing of real estate developments, construction and acquisitions as well as the refinancing of existing commercial and multi-family properties.