TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
Intro content. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Curabitur iaculis sapien sagittis, accumsan magna ut, blandit massa. Quisque vehicula leo lorem, a tincidunt eros tempor nec. In quis lacus vitae risus egestas tincidunt. Phasellus nulla risus, sodales in purus non, euismod ultricies elit. Vestibulum mattis dolor non sem euismod interdum.
-
Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
-
The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
-
SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
-
SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
-
It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
-
It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
-
It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
-
Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
-
Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
-
How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
-
Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
-
A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
-
Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
-
Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
-
Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
-
The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
-
Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
-
Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
-
“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
-
Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
May 20, 2021
Source: A&G Real Estate Partners
Boutique real estate firm ‘played an integral role in helping tenants cope with the challenges of the COVID-19 pandemic,’ says CRE publication.
GlobeSt. Real Estate Forum named A&G Real Estate Partners to its annual list of retail real estate influencers, citing the firm’s success in saving American tenants $1.8 billion in occupancy costs and helping them stave off thousands of store closures last year.
A&G—which works across multiple real estate sectors—was one of just seven recipients in the Company category of this year’s influencers list from the online and print CRE publication, which also honored Individuals and Teams for their contributions to retail real estate.
As noted by GlobeSt Real Estate Forum, A&G “played an integral role in helping tenants cope with the challenges of the COVID-19 pandemic.” The work included handling negotiations on 13,600 leases on behalf of 61 tenants nationwide—including retailers, restaurants, supermarkets, fitness and entertainment concepts and personal services companies—in 2020.
Through those efforts, A&G negotiated lower rents on 10,450 leases and secured termination agreements on 950. This transaction activity “had a huge impact for tenants,” the editors observed.
A&G Co-President Andy Graiser said he was delighted to see the approximately 35 executives, staff members and consultants at A&G receive recognition for their contributions during one of retail real estate’s biggest crises. “Our dedicated teams worked nights and weekends throughout 2020 to achieve these results on behalf of our clients,” he noted. “I am extremely proud of them and the good work they’re continuing to do to help the industry adapt.”
In addition, the CRE industry magazine and news website cited A&G’s work on behalf of American businesses prior to the pandemic. As noted by A&G Co-President Emilio Amendola, the industry has been going through a dramatic transition as a result of factors such as the rise of e-commerce and continuing shifts in patterns of consumer spending and traffic.
“That has really created an urgent need for many retailers to restructure leases, dispose excess assets, relocate or resize stores, and execute on other strategies geared toward optimizing real estate performance,” he said. “Our teams have been there for them every step of the way.”
Since 2018, GlobeSt Real Estate Forum noted, A&G has renegotiated 18,750 leases for 110 clients, saving a total of $2.8 billion in occupancy costs. “This included managing major reorganizations on behalf of tenants,” the editors observed. “One example is reducing occupancy costs for 2,700 stores for Mattress Firm as part of a Chapter 11 filing.”
GlobeSt.com also acknowledged A&G’s efforts to educate retail real estate executives and professionals in the insolvency, turnaround and financial services industries through its appearance on numerous industry association panels.
To read the A&G profile, visit: https://www.agrep.com/who-we-are/news/ag-named-globest-real-estate-forum-retail-influencer
About A&G Real Estate Partners
A&G is a team of seasoned commercial real estate professionals and subject matter experts that delivers strategies designed to yield the highest possible value for clients’ real estate. Key areas of expertise include occupancy cost reductions, lease terminations, dispositions, real estate sales, real estate due diligence, valuations, acquisitions, and facilitation of growth opportunities. Utilizing its marketing knowledge, reputation and advanced technology, A&G has advised the nation’s most prominent retailers and corporations in both healthy and distressed situations. The firm’s team has achieved rent-reduction and occupancy-cost savings approaching $8 billion on behalf of clients in every real estate sector, while selling more than $12 billion of non-core properties and leases. Founded in 2012, A&G is headquartered in Melville, N.Y. For more information, please visit: http://www.agrep.com/
Press Contacts for A&G: Jaffe Communications (908-789-0700), Bill Parness, bill@jaffecom.com or Elisa Krantz, elisa@jaffecom.com
