(Mark your calendars: RealShare Orange County, Aug. 18, 2011 in Newport Beach, CA)
NEWPORT BEACH, CA-GlobeSt.com has learned that locally based Voit Real Estate Services has added 14 new properties, totaling 944,656 square feet, to its portfolio of asset and property management assignments throughout the Western US. The assignments, all won within the past 45 days, span three states, with properties located in Orange County, CA and San Diego; Phoenix; and Las Vegas.
Cary Calkin, director of asset services for Voit, points out that, “The strategic platform Voit launched in 2009 to provide an owner/operator perspective to distressed real estate was absolutely on track. We looked ahead and realized that owners of distressed real estate would require true real estate expertise to help them navigate through the market. We therefore created a dedicated group of senior real estate experts at Voit, and have expanded our teams with boots on the ground throughout each of our geographic markets.”
Today, Voit is performing work on 126 properties, having successfully completed assignments on another 11 assets. This work is being performed on behalf of a variety of financial institutions including Bank of the West; Iron Point Titan; LAMCO LLC; among others. The company’s current assignments include distressed industrial, retail, office and land projects.
“The unique part of Voit’s platform is that we employ individuals who can support all the needs of a distressed property as a team,” Calkin explains. “We’ve built a ‘one-stop-shop’ for distressed real estate.”
Calkin continues that the firm can “present realistic strategic financial options to our clients, and then actually perform the work required to bring the selected option to fruition. Our inhouse team includes asset service experts, property managers, brokers, entitlement specialists and construction managers. That way, the client has a single-source contact and all of the activities are orchestrated through our team.”
The 126 assignments currently managed by Voit are located throughout Voit’s service regions in the Western US, and are divided as follows: In Orange County, Voit manages 30 assignments; Voit’s Las Vegas office currently manages 22 properties; 16 distressed assets are currently managed from Voit’s Newport Beach headquarters; Voit’s Phoenix team manages 15 assignments; In Sacramento, the Voit team manages 33 properties; and Voit’s San Diego office currently manages 10 distressed assets.
As GlobeSt.com previously reported, the firm has been putting “boots on the ground” by creating new offices in the Western US. For example, the firm opened a Sacramento office last year, and recently expanded there. And most recently, the company opened an Inland Empire office.
To read more about the company’s “strategic platform,” as Calkin mentioned, check out the feature story on Voit by clicking here.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
