Besen Advisory Group offers qualified, experienced professionals who contribute conscientious strategies for smart investment decisions, risk management and maximizing returns. Our selection of senior commercial real estate, accounting and market research specialists and experts are committed to assist your current and future property investments.
Why we’re different
Our advisory group’s thought leaders and consultants have adopted our personal “like it’s our own” treatment for each property and take their work very seriously. It is just one more reason why we are positioned as a top commercial real estate firm in NYC. Besen Advisory Group is ready to help you with:
- Asset management including property management, leasing, and financial reporting.
- Due diligence analysis and assessments on potential investments.
- Investment strategies for asset allocation, diversification, and risk management.
- Exit strategy development and execution through asset sale or refinancing.
- Market research and evaluation of various investment opportunities.
- Transaction support with negotiations, legal and tax implications, and financing options
PROPERTY MANAGEMENT
NYCM works closely with managers and lends administrative support and big picture thinking to maximize their investment. We provide maintenance, leasing, tenant relations and financial management solutions as well as advertising vacancies and screening new tenants.
ASSET RESOLUTION SERVICES
NYCM works closely with managers and lends administrative support and big picture thinking to maximize their investment. We provide maintenance, leasing, tenant relations and financial management solutions as well as advertising vacancies and screening new tenants.
INVESTMENT SALES
Founded in 1988, Besen Partners is a leading investment sales brokerage firm, consistently ranked as a top performer by transaction volume. Our company has a deep track record of closing transactions, with numerous case studies attesting to our success. Client focus is a core value at Besen Partners – when we are engaged to sell or manage your valuable asset, we are focused on your needs first and exceeding expectations. We seek to provide solutions to address problems and serve as trusted advisors.
Beyond the core focus of investment sales, the firm has since created other divisions to meet the increasing demand for related services. We offer clients comprehensive and strategic solutions to maximize the value of their assets. We also offer deep knowledge and sophisticated analytical tools to handle all facets of commercial real estate transactions. Be it a sale, re-positioning or operating challenges, Besen can customize the appropriate solution to suit your needs. We work with a range of investors, from single-property owners to institutional and private equity investors with larger portfolios, effectively handling various aspects of investment real estate.
RETAIL ADVISORY
Besen Retail has been providing clients with expert guidance and insights into the retail market since 2005. Our deep understanding of the local market dynamics, consumer behavior and industry trends touch all facets of leasing space and are maximized to help landlords, tenants, investors and developers make informed decisions to build a sustainable retail business.
Our retail advisory experts have successfully represented real estate owners and asset managers of all sizes from large portfolios and investment funds to smaller family-owned portfolios, investment groups and first-time owners. We are also proud of the tenant rep business we’ve built alongside longtime partners and clients and are happy to discuss successful examples with you.
HOTEL ADVISORY
In 2018, Besen Partners launched the Hotel Advisory Group to provide insights and guidance with middle market investors and operators nationwide. Having sold hotels in NYC, one of the most desired locations in the world, we have expertise that traditional investment sales brokers cannot match.
Private owners, private equity investment funds, hotel executives, special servicers and lenders all rely on us to optimize the sale process and to leverage our established relationships at the major umbrella companies. Our operational management is second-to-none and our knowledge of boutique, limited service, select service, extended stay to full-service properties adds to our stellar reputation for being experts in hotel sales.
ACCOUNTING ADVISORY
Baron & Baron LLP
Our third-party real estate financial and business services are designed to evaluate tax strategies, maximize cash flow, and provide you with intelligent business information to make informed real estate decisions. You can count on the experience of their accountants to help you capitalize on real estate’s tax advantages and enhance your chances for success.
Service Highlights Include:
- Financial statements (audit/review/compilation)
- Income tax planning and preparation
- 1031 Exchange analysis
- Foreclosure analysis and tax planning
- Financial support services including report preparation for SEC regulated entities
- Investment partnerships
- Cost segregation analysis
Baron & Baron LLP
108 West 39th Street
Suite 1306
New York, NY 10018
Russell Baron
Managing Partner
(212) 586-8070
rbaron@baronandbaroncpa.com
INSURANCE ADVISORY
Garber Atlas Fries & Associates, Inc.
Our third-party insurance vendor offers packages that are tailored for different types of businesses. Whether it is insurance for your building, business property, equipment, inventory or company vehicles, we offer products and services to protect your business. In addition, we offer group health and retirement plans.
Property Insurance
Property Insurance covers the risk of property loss in a variety of commercial situations, including commercial buildings, equipment, furniture, fixtures, inventories, business records, supplies and other physical items.
Property Insurance may cover two types of property losses:
- Direct losses may be covered when property is lost, stolen, damaged or destroyed.
- Indirect or consequential losses related to direct losses may also be covered.
Commercial General Liability Insurance
Casualty Insurance consists primarily of liability coverages, which protect an insured party against injury or damage claims made by other parties.
Policies provide coverage for liability arising out of:
- Premises and Operation
- Fire Damage Liability (damage by fire to premises rented to insured)
- Personal and Advertising Injury
- Medical Payments
- Products/Completed Operations
You may want to consider a Business Owners Package which combines your Liability, Property and other types of coverage into one comprehensive policy and which can help you save time and money on your total insurance program. And since we live in an age of million-dollar lawsuits, you may also want to add extra liability protection in the form of a Commercial Umbrella Policy. We can tell you more about these plans and if they make sense for you.
Business Auto Insurance
Business Auto coverage insures vehicles that are owned, leased, hired or borrowed by businesses, whether they are associations, corporations, partnerships or sole proprietorships. Business Auto coverage may be used to insure private passenger autos and all types of trucks, trailers, semitrailers and commercial vehicles designed for use on public roads. We can give you more details about specific coverages and deductibles and about tailoring a Business Auto plan that’s right for you and your business.
Workers' Compensation
Workers' Compensation coverage applies to bodily injury and diseases arising out of and in the course of employment. Any bodily injury must be accidental, and the term includes death resulting from the accident. Only occupational diseases, which are unique to the occupation, are covered.
Workers' Compensation provides for the payment of four types of benefits:
- Medical benefits
- Income benefits
- Death benefits
- Rehabilitation benefits
A representative can provide you with complete details on Workers' Compensation Insurance and recommend cost-effective ways to control expenses through safety engineering and claim services.
Garber Atlas Fries & Associates, Inc.
3070 Lawson Boulevard
Oceanside, NY 11572
Steven Garber, CIC
President
(516) 837-1100
sgarber@gafinsurance.com
