Multifamily Housing Specialist Opens Regional Office
“Establishing a regional office enables us to better serve our growing list of clients in the New York area,” said Recap CEO Todd Trehubenko.
Boston, MA (PRWEB) August 3, 2010
Recap Real Estate Advisors (Recap), one of the nation’s recognized experts in the finance, restructuring, and asset management of multifamily residential properties, today announced the opening of its first regional office. The office, located at 909 Third Avenue (at 54th Street) in New York City, officially opened for business on August 2. Recap is the financial services and asset management group of Consolidated American Services, Inc., the parent company of Riverstone Residential Group, one of the largest third-party multifamily management companies in the United States.
“For many years we have worked very successfully in the New York City market, assisting our clients and financial partners in maximizing the value of their investments in multifamily residential housing,” said Recap CEO Todd Trehubenko. “Establishing this office enables us to better serve our growing list of clients in the New York area, and better positions us to identify and execute new business opportunities in and around the City.”
Recap Real Estate Advisors’ services include multifamily asset management, financial transactions, strategic planning, capital needs assessments, energy audits and green physical needs assessments. Its capital planning services are provided by On-Site Insight, a Recap Real Estate Advisors company. The company currently employs 27 professionals.
About Recap Real Estate Advisors:
Recap Real Estate Advisors is a Boston-based financial services company that provides solutions to complex multifamily asset problems. It is the financial services and asset management group of Consolidated American Services, Inc. Over the company’s history, Recap has completed transactions on more than 800 properties nationwide, with aggregate property value of more than $2.7 billion. It currently manages $4 billion in multifamily assets. On-Site Insight, a Recap Real Estate Advisors Company, has performed more than 6,000 capital needs assessments. Visit http://www.recapadvisors.com for more information.
About Riverstone Residential Group:
Riverstone Residential Group is one of the largest third-party multifamily apartment management companies in the United States. Focused exclusively on the delivery of unparalleled property management services including utility management services, resident screening and receivables services, client and resident insurance, and purchasing services, the company manages a portfolio of multifamily assets valued at more than $15 billion for leading institutions, pension funds, developers and other major owners. Located in metropolitan markets across the nation, the more than 650 managed apartment properties include high-rise, mid-rise, and garden-style communities in conventional, affordable and receivership assets. The company is headquartered in Dallas, TX. For additional information, visit http://www.RiverstoneRes.com or e-mail ClientServices (at) RiverstoneRes (dot) com.
Thank You National Apartment Association. I will do my best to get this very important information out ASAP to numerous owners, investors, huge property management companies (e.g., Riverstone Residential), attorneys, and judges, AND, of course, to the MANY people who are currently living in MOLD-INFESTED APARTMENT COMPLEXES right now! katy
Information about Riverstone Residential, the Louisiana Housing Finance Agency, and the owners of Jefferson Lakes Apartments in Baton Rouge, Louisiana allowing tenants to be exposed to extreme amounts of toxins from molds by intentionally concealing evidence
Irrefutable evidence indicates that Riverstone Residential, Guarantee Service Team of Professionals, & plaintiffs’ attorney, J Arthur Smith III, must have agreed to exclude evidence that would have shown the owners of Jefferson Lakes Apartments & Riverstone Residential had knowledge of the severe MOLD INFESTATION at the complex before we moved in
ARIZONA APPELLATE COURT DEFINES “OUTRAGEOUS! BEHAVIOR” AND THEN PROCEEDS TO PRACTICE IT, JUST LIKE THE SAN DIEGO COURTS HAVE FOR FIVE YEARS OVER THE SAME ISSUES – Fraud In Health Marketing By the US Chamber of Commerce et al. Submitting Known False Legal Documents By Licensed Attorneys
Political Action Committee – National Apartment Association (NAA) files Amicus Brief in mold case (two infant deaths in mold filled apt – Wasatch Prop Mgmt) citing US Chamber/ACOEM ‘litigation defense report’ to disclaim health effects of indoor mold & limit financial risk for industry
“Changes in construction methods have caused US buildings to become perfect petri dishes for mold and bacteria to flourish when water is added. Instead of warning the public and teaching physicians that the buildings were causing illness; in 2003 the US Chamber of Commerce Institute for Legal Reform, a think-tank, and a workers comp physician trade organization mass marketed an unscientific nonsequitor to the courts to disclaim the adverse health effects to stave off liability for financial stakeholders of moldy buildings. Although publicly exposed many times over the years, the deceit lingers in US courts to this very day.”
Sharon Noonan Kramer