New Brand Positions Company to Promote Comprehensive Financial Solutions for Multifamily Residential Properties
DALLAS, May 4 – PRNewswire – CAS Partners, a world-class property and asset management services company, today announced the rebranding of its leading-edge financial advisory services and asset management business unit, formerly known as Recap Advisors, to CAS Financial Advisory Services. The new brand highlights the ability of CAS Financial Advisory Services to offer sophisticated financial analyses and asset management services for multifamily and affordable properties on a national scale.
“Recap Advisors has been an acknowledged expert in the finance, restructuring and asset management of multifamily residential properties,” said Toni Portmann, CAS Partners CEO. “Rebranding under the CAS Partners’ umbrella allows us to provide a continuum of asset and property management at a time when properties, already susceptible to market turbulence, can benefit.”
For two decades, CAS Financial Advisory Services, headed by CEO David Smith, has provided financial solutions for nearly 800 multifamily and affordable properties with assets in excess of $4 billion. The company’s capital planning arm has also overseen more than 6,000 capital needs assessments. Large institutional owners, capital providers and congressional policymakers have utilized the company’s depth of knowledge in complex commercial real estate financing.
Currently the company oversees $4 billion in multifamily assets in four major asset classes: condominium loans, bonds and loans (including tax-exempt loans), sponsor equity and mezzanine loans.
“Our team of experts demonstrates a comprehensive understanding of the asset class,” said Smith. “Combined with the CAS Partners’ platform, we can address larger, more complex projects to effectively position multifamily and affordable housing owners amid shifting markets and government regulations.”
Smith will continue to lead CAS Financial Advisory Services as the firm’s CEO, and Todd Trehubenko will continue as president. As in the past, the firm will provide complete financial services, including: asset management, advisory assistance, transaction design and execution, physical needs assessments and capital planning, plus energy and green audits.
The rebranding includes a rollout of a new Web site (www.casfas.com), along with identity materials and a new CAS Financial Advisory Services icon. The company has recently relocated to new offices within Boston’s financial district at 38 Chauncy Street, Suite 600, and can be reached by calling (617) 338-9484.
About CAS Partners
CAS Partners is a world-class property and asset management services company. The company’s integrated business approach provides clients with a comprehensive array of multifamily real estate business services. CAS Partners’ unique network of services includes property management, financial advisory services, insurance services, construction management, utility services, credit services, and purchasing services. For more information, visit CAS Partner’s Web site at http://www.CASPartners.com.
SOURCE CAS Partners