Advisory

Our seasoned team at the helm of Advisory Services delivers peace of mind to our clients, so that the complexities of commercial real estate can be confidently navigated. Greysteel gives our clients access to a specialized suite of services intended to introduce unique NOI growth opportunities, take full advantage of tax benefits, and engage with proven, essential commercial real estate professional services.

Advisory Services is expressly designed to give our private- and middle-market clients access to specializations that:

Grow NOI

Property Tax Appeals
Renegotiate Utility Costs
Reduce Security Costs

Secure Tax Benefits

1031 Exchange
Opportunity Zones
Incentives & Abatements
45L/179D
Cost Segregation

Engage Experts

Restructuring Distressed Assets
Appraisals
Asset Management
Insurance Coverage
Leasing Services
Legal Counsel
Title Companies
General Contractors

Read More About Each of These Services.

- Grow NOI
  - Property Tax Appeals: The potential impact on profitability and value makes it imperative to manage and mitigate your business and property tax liability. By taking a holistic approach to assessing and appealing where appropriate the business and property taxes, and putting in place a mechanism for management, compliance, and administrative challenges associated with taxable assets, our Advisory Services partners provide customized services that add value to your bottom line.
  - Utility Costs: Utility costs are one of the top three expenses that can drag down net operating income. Our Advisory Services partners renegotiate, monitor, and arrange for operational savings in Electric, Waste and Recycling and Water contracts. Payments for these services are not out of pocket, payments are made as a percentage of savings.
  - Remote Guarding & Security Costs: Remote guarding services, through digital presence, is a trending need at commercial real estate assets.

- Secure Tax Benefits
  - Incentives & Abatements: When you’re navigating the complicated world of incentives and abatements, it’s easy to leave money on the table. Getting the best corporate incentives — and staying compliant so you receive your awards — is key to maximizing your bottom line. Our Advisory Services partners usher our clients through these important milestones.
  - 45L Energy Efficient Home Credit. 45L is a lucrative incentive for a wide range of real estate professionals. Real estate investors, commercial developers, single family home developers, manufactured home developers, and design professionals such as architects, engineers, and contractors all have the chance to benefit from 45L, if certain energy efficiency standards are met (up to a $2,000 tax credit for each unit placed into service (meaning sold or rented)).
  - 179D Energy Efficient Commercial Building Deduction. 179D is designed for those who design, develop, or own and operate commercial properties. This deduction is an opportunity for real estate professionals making energy efficient choices with respect to their buildings’ interior lighting, HVAC systems, and/or building envelopes to receive a sizeable tax deduction…if certain energy efficiency requirements are met (e.g. a multifamily property that is at least four stories tall; or any other type of commercial building (office, retail, industrial, etc.) regardless of size).
  - Cost Segregation: Significant tax-saving opportunities may be hidden in your construction or purchase costs, and cost segregation specialists can help you identify depreciation opportunities you may have never considered.

Engage Experts
- Appraisals. Our team of appraisal professionals, state-licensed and credentialed in MAI, assess commercial real estate values to support transactions, estate planning, development, insurance, internal reviews, and loan, equity or financial reporting. We are enabled by proprietary AI-technology that brings cost-effectiveness, consistency, and robust analysis.
- Asset Management: Asset Management is an opportunity for revenue creation for our clients. Think Portfolio Analysis, Value Enhancement Projects, Business Planning, Audit Protocols, Financial or Operational Reviews, Contract and Franchise Negotiations and Management Agreement work.
- Restructuring Distress: Distressed commercial real estate assets require operational stabilization and value recreation, and our Advisory Services partners can care for your asset during the pendency of a workout, restructure, receivership, or deed in lieu situation.
- Other Experts in: Insurance Coverage, 1031 Exchanges, Opportunity Zones, Asset Leasing, Attorneys, Title Companies and General Contractors.

If you are or would like to be a client of Greysteel’s Advisory Services — or if you provide services in these areas and would like to join Greysteel’s network as a partner or advisor — or to hear more about these services, please complete the form below.