February 23 2015
Allegiancy CEO Steve Sadler to speak about Successfully Stepping into Secondary Markets in Commercial Real Estate at iGlobal’s 12th Real Estate Private Equity Summit
Allegiancy shares insights based on a decade of success in managing assets in middle market
New York – Allegiancy CEO Steve Sadler will speak in a general session panel about succeeding in secondary markets at iGlobal Forum’s 12th Real Estate Private Equity Summit on March 4 in New York.
The secondary markets panel will cover hot topics for today’s commercial real estate leaders, including identifying opportunities in non-core markets; understanding the economic base of secondary and tertiary markets; focusing on the exit; knowing the risks of secondary markets and minimizing your downside; capital availability and liquidity through cycles; and which markets developers like.
The secondary and tertiary market — where assets are generally under $50 million – has market fundamentals that are solid and improving. The increasingly aggressive capital market has made money more available and is driving prices to a place where the risk profile may be changing. These dynamics make expertise all the more essential.
As the leader of a firm that manages commercial real estate assets in the U.S. middle market, Sadler will share several insights specific to secondary markets, including why achieving operational efficiencies is both more difficult and more essential to generate better returns for investors; how acquisition analysis in smaller markets differs from gateway cities; and what nimble looks like and how to achieve it.
Sadler believes that mid-market commercial properties require expert asset management whether they are well-occupied or in foreclosure. Allegiancy’s track record demonstrates that properties can remain profitable, even when market conditions are difficult, through excellent tenant service, careful operations, strategic evaluation, and efficient implementation — which keep buildings full and cash flowing in the right direction.
***Steve Sadler will be available for interviews with the media Wednesday.***
Other speakers for the REPE secondary market panel include Todd Liker, managing director of Oaktree Capital Management; Tim Wang, senior vice president of Clarion Partners; Jim Clayton, Ph.D, vice president of research for Cornerstone Real Estate Advisers; and Nathan Agnaschi, vice president of Capital Markets for Garrison Investment Group; and Jeff Adler, vice president of Matrix products for Yardi Systems.
ABOUT iGlobal’s 12th Real Estate Private Equity Summit
iGlobal Forum’s 12th Real Estate Private Equity Summit on March 3-4 in New York will address the global macro-economic drivers of real estate value and capital flows, and will analyze what they mean for U.S. real estate investors. The summit will exclusively gather more than 200 senior-level representatives from leading real estate private equity firms, pension plans, endowments, foundations, family offices, insurance companies, investment banks, distressed debt firms, real estate asset managers, consultants, owners and developers. Visit http://www.iglobalforum.com/repe12.html for more information.
Allegiancy is changing the business of asset management for commercial real estate owners and investors. With an advanced technology platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor to an often poorly understood business. Combining its proactive Value Assurance? operational rigor with an intense focus on cash flow and profitability, Allegiancy is expanding on a track record of more than four decades of success.
Headquartered in Richmond, Va., and led by a team of seasoned professionals with more than 100 years of experience, Allegiancy manages properties that have outperformed their peers by 45 percent since 2006. The company has more than $300 million in assets under management (AUM) and delivers clients attractive returns and profitable, hassle-free investments in commercial real estate.
More information about Allegiancy may be found at www.allegiancy.us. To schedule an interview with Allegiancy’s leadership, contact Audrey Bevel at email@example.com or 866.842.7545 ext. 204, or (804) 201-7161.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Allegiancy, LLC’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the offering circular dated January 14, 2014 and filed by the Company with the U.S. Securities and Exchange Commission on January 15, 2014. The offering circular, and any supplements or updates thereto, is available on the EDGAR system located on www.sec.gov.
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