"This is the aspect of the real estate industry that we began in the early 1990s and our achievements are rooted in our collection of cross-disciplinary, in-house resources and special outside relationships among prominent financial institutions, development partners, private investors and municipal and state agencies," Klatt says, adding that this has allowed the company to address challenges and opportunities during all cycles and in all elements of the real estate development process.
Roseland's consulting services will offer a turnkey property and asset management operation. The firm will direct planning, entitlements and regulatory compliance of these projects to regain value and eventually recycle them back into the market.
The company will also take responsibility to assess and complete construction of partially built projects; manage the marketing, leasing and on-going property management; and prepare and sell assets to create incremental value and a pathway to liquidity.Roseland's skill set is best exemplified through its large-scale, multiphase high-density urban and suburban sites, Roseland principal Carl J. Goldberg points out. These include the 200-acre, mixed-use Port Imperial community along the Hudson River waterfront in New Jersey; the 471-unit, two-tower Battery Park City project in Lower Manhattan; and the 93-acre, master-planned Overlook Ridge community in Malden and Revere, MA.
"Combined with Roseland's community building skills, master planning, environmental remediation expertise and accessibility to public and private sources of capital," Klatt tells GlobeSt.com, "our asset recovery services will help clients stabilize their investments and recover as much capital as possible on these."
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