REAL ESTATE DEVELOPMENT
Our Development division is made up of a team of visionaries who have the experience to react to and foresee market demands to create real estate developments that are meeting the needs of communities and consumers. We execute plans based on the best economic structure and apply our expertise in all aspects of a project from planning to finished construction – including site planning and schematic design, due diligence and pre-construction services, design review and management, value engineering, project and construction management, scheduling and cost estimating, site development and owner representation.
As a principal developer, we have engaged in the development of more than 80 projects including mixed-use, power centers and neighborhood centers across the U.S. and Caribbean that comprise 11 million square feet and more than $1.4 billion in value.
For more information on development and construction management, please e-mail email@example.com.
When it comes to asset and property management, you want to minimize risk and maximize performance. Cypress’ asset management team has extensive experience in retail, office and residential markets, and is strategic about helping clients develop a systematic approach to management. The asset management team works in partnership with the property management team to simplify life for Cypress clients, alleviate worries and handle the day-to-day details that increase efficiency.
Cypress provides direct oversight to each property in a portfolio and maintains constant communication with local or on-site staff; identifies, secures and directs property management and leasing teams that are best suited for the asset; formulates strategic plans and operating budgets; defines and implements owners’ cash management strategies for surpluses and deficits; provides monthly financial reviews to ensure accurate reporting and compliance; and capitalize on real estate tax and insurance savings.
Furthermore, Cypress uses its extensive expertise and collaborative approach to offer clients an array of property management services, including:
• Rent collection
• Tenant correspondence/inquiries
• Site inspections
• Property maintenance
• Vendor bidding and selection
• Service contract negotiation
• Budget preparation
• Lease abstracting
• Rent escalations and annual reconciliations
• Preparation of monthly financials
• Variance reports
Marketing & Leasing
Our marketing professionals embrace the unique service that is retail real estate marketing. We develop marketing plans that identify sales and promotional opportunities, attract target retailers, capitalize on local trends and build awareness to attract customers. This is accomplished by:
➢ Defining market position
➢ Compiling complete property detail packages
➢ Developing a brand position
➢ Producing collateral materials
➢ Constructing interactive and user-friendly websites
➢ Deploying online marketing and social media programs
➢ Building advertising campaigns
➢ Keeping our clients’ news in the spotlight through public relations initiatives
➢ Creating community goodwill through community relations
➢ Coordinating special events and promotions
➢ Assembling sponsorship opportunities
Our leasing teams work closely with big-box anchors, junior anchors, restaurants, specialty, lifestyle, entertainment and small shop retailers all across the country. As a result, we understand how a project is created, leased and operated. We also understand the delicate balance retailers play in making a center successful. Our principal leasing strengths include:
➢ Working with the project team to develop leasing plans and strategies for each asset that focuses on market conditions, strategic positioning of the asset and economic objectives
➢ Identifying and executing a leasing strategy for each asset that maximizes an optimal tenant mix through our tenant relationships with the retail and brokerage communities
➢ Managing deal progress including overseeing and evaluating the activities and progress of leasing agents, contractors, vendors and consultants
➢ Inspecting the assets, as is necessary, to further define and meet the leasing goals for each project
➢ Preparing weekly reporting packages and presentations for all properties in the portfolio. This drives a detailed understanding of the key market, micro- economic political and real estate trends affecting each of the assets, including economic growth, supply/demand, demographic trends, competitive projects, future projects, rental market preferences (rates, terms, etc.), zoning, expense trends and agent/broker compensation.
For more information on marketing and leasing, please contact Michael Wheat.
Cypress Equities currently owns and operates a premier portfolio of high quality assets valued at more than $1.4 billion, consisting of a variety of retail, office and residential real estate properties. Our current portfolio features more than 11 million square feet of retail along with 800 residential units and more than 450,000 square feet of office space. Our retail properties showcase an array of property types including mixed-use centers, urban retail centers, lifestyle centers, power centers, enclosed regional malls, and neighborhood centers.
Cypress Equities maintains a reputable property management program to ensure we exceed our resident and commercial tenants’ expectations and employ a variety of consumer marketing tactics that position our properties in a positive light within the communities we serve.
As Cypress Equities serves as both owner and operator, we have sustained a strong reputation in efficiently managing real estate assets.