royal oak realty trust

July 9, 2023 gradle get property or default By canal street, new orleans

Real Estate Acquisition. Developed by Mason Digital. Suite 200 #hotspot-1380 .leaflet-rrose-tip { border-color: #ffffff; In this position, he evaluates, recommends and acquires commercial real estate on behalf of Royal Oak. Royal Oak offers creative and flexible leaseback structures and work towards win-win outcomes with each transaction. This has resulted in our ability to meet, since inception, our annual dividend targets. Royal Oak uses a proprietary risk rating model that derives scoring for each existing and prospective investment. Royal Oak Realty Trust: Employee Directory | ZoomInfo.com With its experienced management team and disciplined investment approach focused on mission critical facilities leased by creditworthy tenants under long-term net lease agreements - this REIT stands out among others as an excellent choice for those seeking stable returns over time while minimizing risk exposure through geographic diversification strategies combined with expert analysis techniques used when evaluating potential acquisitions or dispositions within their portfolio holdings! Dan is a past honoree of Rochester Business Journals Forty Under 40 for business and civic contributions. 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. R. Stan Holland - Chief Operating Officer - Royal Oak Realty Trust Ed currently serves as a Director on the board of Life Storage, Inc., a publicly traded self-storage REIT (NYSE: LSI) as well as serving as the Chair of its Nominating and Governance Committee. Tom is currently the founder and Senior Council of The Bonadio Group, a company he founded in 1978. 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. In addition, Chuck serves on the Board of Directors of Post Process Technologies, as well as several other private companies. This investment strategy increases the probability of lease extensions and renewals, minimizing the risk of tenant relocation. He is the recipient of Camp Good Days and Special Times 1998 Teddi Award and RIT's 2005 Herbert W. Vanden Brul Entrepreneurial Award and 2017 Volunteer of the Year Award. Industrial REITs own and manage industrial facilities and rent space in those properties to tenants. Joint Venture 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. 20 W 44th Street, Suite 606, New York, New York 10036-6603. In this position, he assists in the evaluation, recommendation and acquisition of commercial real estate on behalf of Royal Oak. #hotspot-1380 .leaflet-rrose-content-wrapper { William C. Green serves as one of the Asset Manager-nominated directors and was elected to the Board of Directors of the Corporation on May 18, 2018. Each plays a key role in the continued success of Royal Oak. T: 212.480.2889 | 800.913.6565. Oops, there was an error sending your message. Robert Moorebecame a member of the Asset Acquisition Committee of the Asset Manager in November 2017. All team members have been critical contributors to both the success and growth of our company and its investment. } Royal Oak values win-win acquisition opportunities that instill confidence in brokers and sellers that our transactions will close efficiently and as scheduled. .featherlight .featherlight-content.lightbox-1380 { fill: #ffffff; Stan has earned a Bachelor of Arts degree in Economics and English from Duke University and Master of Business Administration and Juris Doctor with Honors from the University of North Carolina. We help place tenants in properties that are a great fit for them and their needs. If you are seeking to monetize a commercial real estate asset; find a landlord who works as your partner; or develop a creative real estate solution to fit your specific business situation, Royal Oak can help. About - Royal Oak Realty Trust He began his career in leasing, property management and development roles at the Bissell Companies, a southeastern commercial real estate firm. This approach helps mitigate risk by spreading investments across multiple regions rather than relying heavily on any one market. Royal Oak Realty Trust is part of the Finance industry, and located in New York, United States. #hotspot-1380 .hotspots-placeholder, } Mr. BonadioTom has extensive experience in all areas of business practice, having served thousands of clients during his professional career and specializes in providing business consulting services to privately-held companies. Daniel J. Goldstein, CPA, is Chairman of the Board of Directors and Chief Executive Officer of the Corporation. The Burke Group specializes in retirement plan consulting and administration, actuarial services and compensation consulting for corporate, non-profit, and public sector clients. Chuck is a co-founder of Life Storage, Inc., a New York Stock Exchange-traded REIT(symbol LEI). #hotspot-1380 .hotspot-default:hover, Eastman Kodak Company, Vaccinex, Morgan Stanley and Salomon Brothers. For investment property owners and party wall communities, we provide a range of management services that make life easier. Chuck has also served as a principal in, as well as an advisor for, numerous commercial real estate ventures throughout his career. In support of the Rochester community, Stan has served in leadership roles for Gildas Club, High Tech Business Council, Duke University Alumni Association and the Country Club of Rochester. Copyright Nareit 2023. Phil is a past inductee of the Rochester Business Hall of Fame. Mr. E. Philip Saunders became an Independent Director of Royal Oak in June 2014 and also serves as a member of the Royal Oak Audit Committee. The team at Royal Oak has extensive experience in the commercial real estate industry and uses a rigorous due diligence process to evaluate potential investments. Bob is co-owner of Moore Corporate Real Estate, Rochester, New Yorks oldest commercial real estate brokerage firm established in 1969. Benefits of logging in Enter benefit text here. Royal Oak Realty Trust Inc. Company Profile | Rochester, NY Prior to 1995, Chuck was active in the Self-Storage industry for many years. Independent DirectorAudit Committee Chairman. Tom is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. Patrick C. Burkebecame the independent member of the Asset Acquisition Committee in January 2014. Such leases are frequently structured on a triple net basis. The same characteristics that define Royal Oak Realty Trust - a private, non-traded industrial-focused REIT that invests in "mission critical," single tenant, net leased commercial facilities in growing US markets. Bradley Herman - Property Portfolio Manager - Royal Oak Realty Trust Real estate focused Royal Oak Realty Trust flourishes in pandemic Mark joined the Asset Manager in 2016 following a 15-year banking career at JPMorgan Chase Bank. Hank Wedow began his commercial real estate career as an Analyst at Townhouse Partners Consulting, a boutique consulting firm in New York City where he was responsible for the underwriting of commercial real estate properties and portfolios prepared for CMBS securitization on behalf of major lending institutions. Rochester, NY 14607 We hope we can count on your support. Cambridge Street Asset Management also serves as Royal Oak's property manager. Stay connected and informed with built-in messaging, notifications, and emailing tools, all with fully mobile functionality to simplify collaboration. In this position, he assists in the evaluation, recommendation and acquisition of commercial real estate on behalf of Royal Oak. 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. Sellers benefit from strong portfolio diversification, monthly income distributions, professional management, as well as tax and estate planning flexibility. color: #000000; He served as Global Head of Real Estate Capital Markets at Wachovia Securities for eight years helping to grow the firm into a leading provider of capital in the commercial real estate space. Prior to joining Royal Oak, Bruce spent 15 years at Xerox Corporation where he held numerous management positions in its global real estate organization. 600 East Avenue, Suite 200 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. background: #ffffff; Prior to joining Royal Oak, Charlie served as the Assistant Controller at Ametek Power Instruments, where he was responsible for oversight of organizational accounting functions, budgeting and forecasting of financial data. Get the latest business insights from Dun & Bradstreet. Clear and predictable cash flows are more likely when operating costs are paid by the tenant. Royal Oak has also worked with private equity firms to provide acquisition support through a simultaneous acquisitions/sale-leaseback transaction. Critical to our success is the oversight and experience provided by a strong and fully engaged Board of Directors, including our Independent Directors Committee. He currently serves on the boards of directors of two public companiesPaychex Inc. (PAYX), where he is a member of their companys Audit Committee; and CurAegis Technologies (CRGS), where he chairs the Audit Committee. 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. Rochester, NY 14607 With Demand Outstripping Supply, Industrial Remains a Darling Sector. } Bath Assembly Rooms. }, Chief Operating Officer(585) 434-1674sholland@royaloakrealtytrust.com, Managing Director, Portfolio Management(585) 434-1667mzappia@royaloakrealtytrust.com. We have an extensive, proven network of third-party and legal due-diligence experts that allow us to close real estate transactions quickly and efficiently. Matt has over 15 years of consulting, finance and accounting experience. Royal Oak Realty Trust Location lectures@royal-oak.org The net cash flows remaining after payment of the Company's obligations fund monthly dividend payments to shareholders, as declared by the Board of Directors. Previously, Tom served as Chairman and CEO of The Bonadio Group for 40 years. Copyright 2023 The Royal Oak Foundation. border-bottom-color: #000000; Royal Oak Realty Trust Charlie Knittle Current Workplace Charlie Knittle has been working as a Vice President & Chief Accounting Officer at Royal Oak Realty Trust for 9 years. 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. About Us - Royal Oak Realty Trust 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. Royal Oak is a well-capitalized, all-cash buyer with no financing contingencies. 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. Royal Oak offers flexible leaseback terms that help business owners (the former property owners) to achieve at or below market rental rates, more attractive renewal options, and certainty about future obligations. border-right-color: #ffffff; Ed serves as the Vice Chairman of the Board of Trustees of Syracuse University and is the Board Chair Emeritus of the Geneseo Foundation Board of Directors. 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. Royal Oak is a private, non-traded Real Estate Investment Trust (REIT). Pat has agreed to purchase shares of our common stock with his compensation. Royal Oak Realty Trust Jan 2022 - Present1 year 6 months Rochester, New York, United States Financial Analyst/Project Management Intern VAST Enterprise Solutions May 2021 - Jan 20229 months. Hank earned a BA in Financial Economics from the University of Rochester in Rochester, NY. fill-opacity: 0; Address: 600 East Ave Ste 200 Rochester, NY, 14607-2089 United States Phone: Website: www.royaloakrealtytrust.com We continuously work to enhance and expand our diversified portfolio through each new acquisition to benefit Royal Oak shareholders. He also serves on the Asset Acquisition Committee and the Investor Relations Committee. The Investor Relations Committee is responsible for overseeing all marketing, communications and other services related to the investment offering of Royal Oak. The Royal Oak Foundation | New York NY - Facebook 99-380, 99-826. Support from Royal Oak will help the National Trust breathe new life into one of England's most stunning gathering places. [source] REITs Headquartered [source] 46. We hope we can count on your support. During the past twenty years, Chuck has been an executive officer of several non-public companies. Stan Holland is Vice President, Chief Operating Officer and Assistant Treasurer of the Corporation. In addition to being a Certified Public Accountant since 1971, Tom earned a BA in Accounting from St. John Fisher College in Rochester, NY, where he was awarded an honorary degree of Doctor of Law. Dividends, as declared, are paid monthly to our shareholders. Stan has earned a Bachelor of Arts degree in Economics and English from Duke University and Master of Business Administration and Juris Doctor with Honors from the University of North Carolina. Related Persons. Artificial Intelligence Likely to Add New Layer of Demand for Data Center Industry, FTSE Nareit U.S. Real Estate Index Q2 in Review. It's easier to follow in the footsteps of Lizzie and Darcy or Elinor and Marianne than you might think. The stable cash flow stream derived from this portfolio of properties through the net-lease strategy and mission critical nature of these facilities helps ensure the generation of predictable, strong and consistent investment returns for our shareholders. Nos. Prior to joining Royal Oak, Bruce spent 15 years at Xerox Corporation where he held numerous management positions in its global real estate organization. Directions, P: 585.434.1660 Bruce is a partner in Cambridge Street Asset Management LLC. #hotspot-1380 .hotspot-Custom { fill: #ffffff; Royal Oak will also partner with institutional investors, real estate developers and other firms to acquire portfolios of single tenant, net-leased real estate assets that fit our acquisitions criteria. F: 585.434.1670 Acquired properties are stabilized in that they are fully occupied on the date of Royal Oak's acquisition, by credit-worthy tenants under long-term lease contracts with a minimum term of eight years. The net cash flows remaining after payment of the Company's obligations fund monthly dividend payments to shareholders, as declared by the Board of Directors. 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. 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. stroke-width: -1; Effective Marketing & Leasing services keep your properties filled and performing at their peak potential. 46%. Royal Oak Realty Trust | LinkedIn 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. Tenants are responsible for the costs of operating and maintaining their facilities, leaving rents net to the REIT. He also serves on the Cornell University Deans Advisory Board and on the Advisory Council of Cornells Entrepreneurship and Personal Enterprise Program. New York | REITs Across America The company's focus on industrial properties has allowed it to build a strong portfolio of assets that generate stable cash flows and provide long-term value for its investors. UPREIT 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. Acquisitions Analyst(585) 434-1666hwedow@royaloakrealtytrust.com. Sale-Leaseback Ever wished to take a peek inside Netherfield, or admire Pemberley from across the lake? In these capacities, he drives the accounting and financial reporting responsibilities for the Royal Oak real estate portfolio, all financing related activities, manages the full suite of internal and external insurance programs, as well as all other corporate business. As we like to say, "we offer service with distinction". Mark is a partner in Cambridge Street Asset Management LLC. 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. #hotspot-1380 .leaflet-tooltip-left:before { Bob is a lifelong resident of Rochester, NY and he holds a Bachelors degree from Rochester Institute of Technology. stroke-width: -1; Royal Oak Realty Trust. In 2003, he was a honoree of Rochester Business Journals Forty Under 40 for business and civic contributions. He is a Beta Gamma Sigma International Honor Society inductee which represents the highest recognition a business student can receive in a business program accredited by AACSB International. National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). } 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. #hotspot-1380 a.leaflet-rrose-close-button { 2019 - 2023. Through Strategic Advisors, Chuck provides consulting and advisory services to numerous companies seeking capital, transactional and financial guidance. 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. background: #ffffff } This structure provides several benefits for both parties including predictable cash flows for investors and reduced operating expenses for tenants. 585.434.1660. Such leases are frequently structured on a triple net basis. 600 East Avenue #hotspot-1380 .bc-product__title a, Please consider making a gift to Royal Oak today to support educational events, undertake substantial conservation and preservation projects and provide essential scholarship opportunities. The Company acquires, owns, and operates commercial net leased real estate properties. Dan serves as the Managing Partner of the Asset Manager and Property Manager for Royal Oak. 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. He holds an MBA from the Whitman School of Management at Syracuse University and a Bachelor of Arts degree from the State University of New York at Geneseo. 600 East Avenue, Suite 200 Rochester, NY 14607 Directions, P: 585.434.1660 F: 585.434.1670 E: info@royaloakrealtytrust.com, Copyright 2022 Royal Oak Realty Trust. Royal Oak Realty Trust Inc. Street Address 1 Street Address 2; 600 EAST AVENUE: City State/Province/Country ZIP/PostalCode Phone Number of Issuer; ROCHESTER: NEW YORK: 14607: 585-434-1660: 3. 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. stroke-opacity: 0; #hotspot-1380 .leaflet-popup-scrolled { Support from Royal Oak will help the National Trust breathe new life into one of Englands most stunning gathering places. The net lease concept ensures that cost fluctuations do not impact the cash flow to Royal Oak. He is a member of the Livonia Central School Athletic Hall of Fame and the National Association of Travel Centers Hall of Fame. 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. Bruce is a partner in Cambridge Street Asset Management LLC. 1-202-739-9401 (fax). Throughout this time, he was directly responsible for acquisitions, facility management, and real estate strategy. All rights reserved. REITs Owning Property [source] 114. Royal Oak then acts as a stable and supportive landlord willing to continue to invest additional capital for upgrades and improvements. If you're a Jane Austen fan, the names of the settings in her stories are as readily recognizable as those of her characters. Chief Investment Officer(585) 287-5869bbender@royaloakrealtytrust.com, Director of Real Estate Acquisitions (585) 434-1669 bpeartree@royaloakrealtytrust.com. One of the most majestic trees in the world. 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. #hotspot-1380 .hotspot-title, Quickly submit maintenance requests that go directly to our maintenance queue. Matt J. Zappia, ASA, CPA is Managing Director, Portfolio Management for Cambridge Street Asset Management LLC, the Asset Manager for Royal Oak. Royal Oak is raising $1 Million to help the National Trust restore the grandeur and elegance of the Bath Assembly Rooms. Directions, P: 585.434.1660 He is also the Sponsor of the Corporation, which he founded in 2013 with his friend and partner, Laurence Glazer. Stan has over 25 years of experience in investment banking, corporate finance and corporate development roles at firms including Manning & Napier. Royal Oak Realty Trust Connect to CRM Summary People Technology Signals & News Similar Companies About Royal Oak's concentration is on industrial and office net leased properties. He is a past Chairman of the Board of Trustees of St. John Fisher College. Positive Resident Relations, Agreement & Lease Compliance keeps everyone happy. Royal Oak offers flexible leaseback terms that help business owners (the former property owners) to achieve at or below market rental rates, more attractive renewal options, and certainty about future obligations. In this role, Matt actively analyzes Royal Oaks portfolio assets from a financial, business, industry and real estate market perspective. He earned his MBA from Loyola University Maryland. Find company research, competitor information, contact details & financial data for Royal Oak Realty Trust Inc. of Rochester, NY. Please. Bill serves as the lead Independent Director on the Board of Directors of Arbor Realty Trust, Inc., a publicly traded REIT (NYSE: ABR) that specializes in commercial and residential lending.