By investing in these types of properties, Royal Oak Realty Trust is able to provide its investors with a reliable income stream while also benefiting from the potential for capital appreciation over time. Throughout this time, he was directly responsible for acquisitions, facility management, and real estate strategy. 31900 Solon Rd., 6401 Davis Industrial Pkwy., and 30600 Carter St. 1204 East Summit Street & 1725 East Maple Street. Chief Investment Officer(585) 287-5869bbender@royaloakrealtytrust.com, Director of Real Estate Acquisitions (585) 434-1669 bpeartree@royaloakrealtytrust.com. He currently serves on the board of directors for the Monroe Community College Foundation, Temple Beth El of Rochester, and is a current board member and a past President of the Jewish Community Center of Greater Rochester. Developed by Mason Digital. He has been a licensed Real Estate Broker in New York State since 1998 and is a certified Lean Six Sigma Green Belt. fill: #9aac25; stroke-opacity: 0.01; Prior to joining Royal Oak, Bruce spent 15 years at Xerox Corporation where he held numerous management positions in its global real estate organization. UPREIT Prior to joining Cambridge Street Asset Management, Matt worked for Empire Valuation Consultants in Rochester, NY. Artificial Intelligence Likely to Add New Layer of Demand for Data Center Industry, FTSE Nareit U.S. Real Estate Index Q2 in Review. Effective Marketing & Leasing services keep your properties filled and performing at their peak potential. Stans activities support our growth by providing a solid operating foundation for our portfolio and fostering new business relationships for the firm. In an UPREIT transaction, property owners exchange their real estate for operating partnership units (OP units) from Royal Oak. Eastman Kodak Company, Vaccinex, Morgan Stanley and Salomon Brothers. fill: #ffffff; } The Committee also assists in developing, establishing and monitoring strategies to expand the investor base. border-left-color: #ffffff; Such leases are frequently structured on a triple net basis. Sellers benefit from strong portfolio diversification, monthly income distributions, professional management, as well as tax and estate planning flexibility. stroke: #ffffff; 44.9% Nationwide. Royal Oak Realty Trust Inc - Company Profile and News Royal Oak Realty Trust invests in mission critical industrial and office real estate properties properties that are "mission critical" to the tenants business operations. He is also the Vice President of Operations and Business Development for the Asset Manager. 35 were here. Past performance is not a guarantee of future results and the investment involves various risks including, among other things, those set forth in Royal Oaks Private Placement Memorandum. Directions, P: 585.434.1660 Royal Oak has also worked with private equity firms to provide acquisition support through a simultaneous acquisitions/sale-leaseback transaction. The success of Royal Oak Realty Trust is largely based on our ability to provide net lease real estate solutions to property owners and tenants. Eastman Kodak Company, Vaccinex, Morgan Stanley and Salomon Brothers. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. This structure provides several benefits for both parties including predictable cash flows for investors and reduced operating expenses for tenants. Thank you for considering Royal Oak. 600 East Avenue Hank Wedow serves as an Acquisitions Analyst for the Asset Manager, Cambridge Street Asset Management LLC. Dan serves on the Royal Oak Board of Directors, as one of the Asset Manager-nominated directors. Suite 200 He also serves as Chairman of the Compensation Committee and as a member of the Audit Committee for Arbor. Prior to joining Royal Oak, he served as an Analyst at a regional real estate development company. stroke-width: -1; Charlie is a partner in Cambridge Street Asset Management, LLC. border-bottom-color: #000000; Preceding Wachovia, Bill was employed at Banc of America Securities where he founded and operated the Commercial Mortgage Conduit Program. Phil additionally serves on the Board of Directors of the University of Rochester, Rochester Institute of Technology, American Rock Salt, CEA Fresh Farms, Lewis Tree, CurAegis Technologies, Western New York Energy, and the Young Entrepreneurs Academy. #hotspot-1380 .leaflet-tooltip-right:before { He earned his MBA from Loyola University Maryland. Bob has been involved in over $750 million of real estate transactions during the course of his 30-year career. Tom is currently the founder and Senior Council of The Bonadio Group, a company he founded in 1978. Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. In this role, Matt actively analyzes Royal Oaks portfolio assets from a financial, business, industry and real estate market perspective. fill-opacity: 0; Each plays a key role in the continued success of Royal Oak. E: info@royaloakrealtytrust.com, Copyright 2020 Royal Oak Realty Trust. stroke: #000000; Bruce earned an MBA in Finance and Corporate Accounting from the Simon Graduate School of Business at the University of Rochester in Rochester, NY, as well as a Bachelors degree in Business Administration from the University of South Florida in Tampa, FL. Pay bills. Working with Royal Oak to acquire your property can potentially provide potential tax efficiencies as well as the ability to use the proceeds of the sale to pay off a mortgage or other long-term debt which can strengthen the companys balance sheet. The Royal Oak Foundation | New York NY - Facebook In 2007, Dan was named a partner in Buckingham Properties LLC. } fill: #ffffff; Copyright 2023 The Royal Oak Foundation. Sale-Leaseback In a sale-leaseback, a business owner sells the real estate it owns to Royal Oak while simultaneously signing a long-term lease to continue to occupy and use the property. Royal Oak Offers Realty and Property and Community Management Rochester, NY 14607 We hope we can count on your support. In addition, Bill formerly served on the Board of Directors of the Colleges of Hobart and William Smith. Royal Oak Realty and Property Management is a full-service licensed real estate and property management brokerage in Denver, Colorado. Ed served as Chief Executive Officer, President and as a Director of Home Properties, Inc. (NYSE: HME), a $7+ billion apartment REIT, until its sale in October 2015. Royal Oak is a private, non-traded Real Estate Investment Trust (REIT). Sellers benefit from strong portfolio diversification, monthly income distributions, professional management, as well as tax and estate planning flexibility. Royal Oak Realty Trust owns a net leased portfolio of office and industrial buildings with credit worthy tenants under long-term leases and is geographically focused in the northeast, southeast and midwest. Royal Oak uses a proprietary risk rating model that derives scoring for each existing and prospective investment. Address: 600 East Ave Ste 200 Rochester, NY, 14607-2089 United States Phone: Website: www.royaloakrealtytrust.com He is also the Vice President of Operations and Business Development for the Asset Manager. #hotspot-1380 .leaflet-rrose-content-wrapper { He also serves as the Vice President of Acquisitions of the Asset Manager, Cambridge Street Asset Management LLC. } REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers, infrastructure and hotels. Phil also received the Rochester Business Journal Icon award in 2018. #hotspot-1380 .hotspot-title, Prior to joining Royal Oak, Bruce spent 15 years at Xerox Corporation where he held numerous management positions in its global real estate organization. Decided: July 02, 2001 Raymond P. Blanchard, P.A., of Portsmouth (Raymond P. Blanchard on the brief and orally), for the plaintiffs. Past performance is not a guarantee of future results and the investment involves various risks including, among other things, those set forth in Royal Oaks Private Placement Memorandum. The seminal garden was the hub of Gertrude Jekylls planting experiments which had a huge influence on garden design in Britain and beyond and the Arts and Crafts house showcases her collaboration with architect, Sir Edwin Lutyens. Royal Oak offers creative and flexible leaseback structures and work towards win-win outcomes with each transaction. Overall, Royal Oak Realty Trust offers investors an attractive opportunity to participate in the growing industrial real estate sector through a diversified portfolio of high-quality assets located throughout the United States. The clear and consistent cash flow stream derived from the net-leased and mission critical characteristics of these real estate investments ensures we continue to generate strong investment returns for our shareholders. Rochester, New York, United States 1-10 Private www.royaloakrealtytrust.com/ 453,828 Highlights Contacts 14 Similar Companies 1 Recent News & Activity News Dec 14, 2020 Here are some of the most common acquisition structures: At Royal Oak Realty Trust, we value our relationships with commercial real estate brokers and encourage them to make Royal Oak the first contact when a reliable, all cash buyer is needed. Click on any one of our featured properties below to learn more. In the pandemic year of 2020, the aptly named Royal Oak Realty Trust provided shelter and growth for accredited investors during the pandemic. Prior to these banking assignments, Bill gained eight years of real estate development and real estate finance experience in the greater New York area with bothprivate and public firms. He actively engages in dialogues with business owners, private equity firms, real estate companies, accountants, attorneys and other parties who might be interested in sale-leasebacks, UPREITs or other transactions. Oops! In an UPREIT transaction, property owners exchange their real estate for operating partnership units (OP units) from Royal Oak. He also serves as the Vice President of Acquisitions of the Asset Manager, Cambridge Street Asset Management LLC. color: #000000; 46%. Our relationships within regional and national commercial real estate markets allows us to gain traction on acquisition opportunities across the United States. 1-202-739-9400 Through Strategic Advisors, Chuck provides consulting and advisory services to numerous companies seeking capital, transactional and financial guidance. [source] REITs Headquartered [source] 46. color: #000000; Royal Oak has also worked with private equity firms to provide acquisition support through a simultaneous acquisitions/sale-leaseback transaction. Last Name First Name Middle Name; Goldstein: Daniel: J. 585.434.1660. Royal Oak Foundation is raising $1 Million to help the National Trust restore the grandeur and elegance of the Bath Assembly Rooms. In his most recent role with the bank, Mark served as the Upstate New York Region Executive for the Commercial Bank and was responsible for the Rochester, Syracuse, Southern Tier (NY) and North Central Pennsylvania corporate client markets. He has been a licensed Real Estate Broker in New York State since 1998 and is a certified Lean Six Sigma Green Belt. The Royal Oak business strategy is driven by performance and predictability: maintain a diversified real estate portfolio comprised of "mission-critical" industrial and general office properties, net leased to . Share of Households Invested in REITs. Charlie serves as a board member and Vice President of the board of Big Brothers Big Sisters of Greater Rochester, as a member of St. John Fisher College School of Business Deans Leadership Circle and as a member of the Leaders Build Committee at Flower City Habitat for Humanity. He is recognized as one of Western New Yorks leading commercial and industrial real estate professionals. ROYAL OAK REALTY TRUST v. MORDITA REALTY TRUST Supreme Court of New Hampshire. Directions, P: 585.434.1660 Additionally, Ed serves as the Lead Independent Director on the board of Manning & Napier, Inc., a publicly traded asset management firm (NYSE: MN). Bruce E. Bender is Vice President, Chief Investment Officer and Assistant Secretary of the Corporation. .featherlight .featherlight-content.lightbox-1380 .bc-product__title a { He has been a member of the board of director at Life Storage since 1995, and previously served as chair of its Governance Committee and is currently a member of its Audit and Compensation Committees. In addition, Phil is an owner of Countryside ALFC, a commercial real estate company. #hotspot-1380 .leaflet-rrose-tip { During the past twenty years, Chuck has been an executive officer of several non-public companies. } border-top-color: #ffffff; He actively engages in dialogues with business owners, private equity firms, real estate companies, accountants, attorneys and other parties who might be interested in sale-leasebacks, UPREITs or other transactions. As compensation for his service to the Asset Manager as an independent member of the Asset Acquisition Committee, the Asset Manager pays Pat $3,000 on a quarterly basis. Directions, P: 585.434.1660 Royal Oak then acts as a stable and supportive landlord willing to continue to invest additional capital for upgrades and improvements. Royal Oak Realty Trust Inc. ("Royal Oak") was established in 2013, as a private, non-traded Real Estate Investment Trust ("REIT"). Stan has over 25 years of experience in investment banking, corporate finance and corporate development roles at firms including Manning & Napier. Real Estate Acquisition Services - Royal Oak Realty Trust With strong operational performance and balance sheets, REITs are well-positioned to navigate economic and market uncertainty in 2023. Data center REITs see pipeline of new opportunities and long-term demand potential. Mark is a past honoree of Rochester Business Journals Forty Under 40 for business and civic contributions. Matt is a Certified Public Accountant (CPA) and an Accredited Senior Appraiser (ASA) with the American Society of Appraisers. This website uses analytical and tracking cookies to improve your user experience and for statistical purposes. Prior to joining Home Properties in 2001, Ed was President of Charter One Bank of New York and Executive Vice President of Charter One Financial, Inc. We continuously work to enhance and expand our diversified portfolio through each new acquisition to benefit Royal Oak shareholders. Dan earned a Bachelors degree from the University of Michigan, Ann Arbor, before returning to Rochester, NY in 1993 to begin a career as a public accountant. In addition to its focus on mission critical industrial facilities, Royal Oak Realty Trust also places a strong emphasis on geographic diversification. #hotspot-1380 .hotspot-default.hotspot-active { #hotspot-1380 .leaflet-popup-scrolled { Net leases are agreements between landlords and tenants where the tenant assumes responsibility for paying certain expenses associated with operating the property such as taxes, insurance, and maintenance costs. #hotspot-1380 .hotspot-Custom:hover, F: 585.434.1670 Hank earned a BA in Financial Economics from the University of Rochester in Rochester, NY. color: #00587d; A Section 721 UPREIT exchange is a tax deferral/tax avoidance strategy for property owners facing capital gain tax liabilities on the sale of appreciated property with a low tax basis. In this position, he evaluates, recommends and acquires commercial real estate on behalf of Royal Oak. 2021 - Annual Report - Royal Oak Realty Trust. The formula for success for the private non-traded real estate investment trust is a fairly unique approach. Our risk rating model evaluates the tenant profile, the underlying real estate market, and the characteristics of the real estate to be acquired. Find company research, competitor information, contact details & financial data for Royal Oak Realty Trust Inc. of Rochester, NY. In 2003, he was a honoree of Rochester Business Journals Forty Under 40 for business and civic contributions. New York | REITs Across America Stans activities support our growth by providing a solid operating foundation for our portfolio and fostering new business relationships for the firm. These tenants typically operate in industries such as logistics, e-commerce, and manufacturing where the facilities they occupy are essential to their operations. In this position, he evaluates, recommends and acquires commercial real estate on behalf of Royal Oak. Royal Oak then acts as a stable and supportive landlord willing to continue to invest additional capital for upgrades and improvements. Dan transitioned out of Buckingham Properties LLC in early 2014 to focus on the role of President and CEO of Royal Oak. Bill was employed at Starwood Capital Group from December 2007 until June 2009 where he was responsible for the debt investments transactions of the firm and for the Starwood Debt Fund II in 2008. .featherlight .featherlight-content.lightbox-1380 { You are unauthorized to view this page. E: info@royaloakrealtytrust.com, Copyright 2020 Royal Oak Realty Trust. 20 W 44th Street, Suite 606, New York, New York 10036-6603. Trustburn.com. For investment property owners and party wall communities, we provide a range of management services that make life easier. where he also serves as the Chair for the Audit Committee, and on the Compensation Committee and the Nominating and Corporate Governance Committee. Phil is a recipient of an honorary Doctorate of Commercial Science from Paul Smiths College. Prior to joining Royal Oak, he served as an Analyst at a regional real estate development company. The monetization of real estate assets may make strategic and financial sense to separate the value of the real estate from the value of the business. By continuing to browse on this website, you agree to the use of such cookies. Support from Royal Oak will help the National Trust breathe new life into one of England's most stunning gathering places. Royal Oak Realty Trust Inc. ("Royal Oak") was established in 2013, as a private, non-traded Real Estate Investment Trust ("REIT"). Another key aspect of Royal Oak Realty Trust's investment strategy is its use of net leases. We chose to specialize in the management of party wall communities because it is a unique multi-family class in the Denver area which presents an interesting mix of challenges when compared to managing a other multi-family homes or large homeowners associations. Nos. In these roles, Stan oversees the portfolio management, property management and business development functions for the firm. Bob is co-owner of Moore Corporate Real Estate, Rochester, New Yorks oldest commercial real estate brokerage firm established in 1969. Sellers also benefit from locking in a clear, long-term plan for the use of their real estate, which can help with business succession and ownership transition in the future. During his time at Empire, he was involved with over 500+ valuations of privately-held companies across numerous sectors, including real estate, investment management, entertainment, consumer durables and industrials. Enjoy the common areas you share in your community without worrying about the details. Chairman of Board of Directors & Chief Executive Officer. In a triple net lease, the business owner continues to retain operational control over the property and is responsible for the majority of property and operational expenses, including property taxes in exchange for a lower monthly rent. In 2003, he was a honoree of Rochester Business Journals Forty Under 40 for business and civic contributions. Tom is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. He served in a variety of capacities with Rochester Community Savings Bank before joining Charter One Financial. The clear and consistent cash flow stream derived from the net-leased and mission critical characteristics of these real estate investments ensures we continue to generate strong investment returns for our shareholders. A Model Built to Provide Investment Strength, Consistent Returns and Investor Confidence, Chairman of the Board of Directors & Chief Executive Officer, Independent Director / Chairman of Independent Directors Committee, Independent Director / Audit Committee Chairman. Royal Oak values win-win acquisition opportunities that instill confidence in brokers and sellers that our transactions will close efficiently and as scheduled. Our team is supported by committed Board of Directors and Committee Members recognized business and community leaders with public board experience, including publicly traded REITs, who are active participants in our company strategy and key stakeholders in our success. Past performance is not a guarantee of future results and the investment involves various risks including, among other things, those set forth in Royal Oaks Private Placement Memorandum. The Committee will examine and evaluate several criteria, including: property type, lease term, rental rates, net leased facilities, and diversification. Here are some of the most common acquisition structures: At Royal Oak Realty Trust, we value our relationships with commercial real estate brokers and encourage them to make Royal Oak the first contact when a reliable, all cash buyer is needed.
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