CAS Financial Advisory Services, one of the nation’s acknowledged experts in the finance, restructuring, and asset management of multifamily residential properties, announced today that it will be rebranded as Recap Real Estate Advisors, a version of its original name, Recap Advisors.
Boston, MA (PRWEB) April 1, 2010 – CAS Financial Advisory Services, one of the nation’s acknowledged experts in the finance, restructuring, and asset management of multifamily residential properties, announced today that it will be rebranded as Recap Real Estate Advisors, a version of its original name, Recap Advisors. Recap’s capital planning services will be provided by On-Site Insight (OSI), a Recap Real Estate Advisors Company.
Recap Real Estate Advisors remains a CAS Partners company, under the direction of its experienced executive team of David Smith, Todd Trehubenko, and Christopher Hesen. Returning to an enhanced expression of the original company name reflects the market’s awareness of the original Recap and OSI brands.
“Our clients have tremendous loyalty to the Recap and On-Site Insight brands. In making this change, we are listening to the market,” said Todd Trehubenko, the firm’s President. “This will be a very natural transition.”
In 2007, CAS Partners acquired Recap Advisors, and in 2008 Recap in turn acquired On-Site Insight. The combined platform was renamed CAS Financial Advisory Services. Dallas-based CAS Partners is a world-class property and asset management services company that offers owner a wide range of property services through its family of companies, including Riverstone Residential Group, the largest privately-owned third-party residential management company in the United States.
“Even with our name change, we’re committed to growing the service capacity of the overall CAS platform and value proposition,” added CEO David A. Smith. “Our look may be new but we’re the same. Customers and colleagues who knew us as CAS Financial Advisory Services will find that our experience, insight, integrity, and commitment to results are unchanged.”
The company’s flagship capital-planning product, the Green Capital Needs Assessment, will be marketed under the On-Site Insight name, as will its suite of other capital planning services.
About Recap Real Estate Advisors and On-Site Insight
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 CAS Partners. 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 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, screening services, and purchasing services. CAS Partners is the trade name of Consolidated American Services, Inc.
About Riverstone Residential Group
Riverstone Residential Group, a subsidiary of CAS Partners, is the largest privately owned third-party residential management company in the United States. Focused exclusively on the delivery of unparalleled property management services, the company manages a portfolio of 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 700 managed properties include high-rise, mid-rise, and garden-style communities in both conventional and affordable assets. The company is headquartered in Dallas, TX. For additional information, visit http://www.RiverstoneRes.com or e-mail ClientServices (at) RiverstoneRes (dot) com.
Information on Riverstone Residential, the Louisiana Housing Finance Agency, and the owners of Toxic Mold Infested Jefferson Lakes Apartments in Baton Rouge, Louisiana continuing to allow tenants to be exposed to extreme amounts of mold toxins
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
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