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Crossman & Company has a staff with extensive experience in asset management for both private, absentee individual owners as well as institutional groups including pension and life companies, traditional banks, and special servicers. Our team’s extensive experience enables us to maximize NOI from each asset in our portfolio through the joint efforts of our property management, leasing, operations, and ultimately our investment sales teams.
Our asset management team meets with each tenant, vendor, and other stakeholders, including community organizations, city / regional tourism and chambers of commerce as well as adjacent property owners. We educate ourselves about any special circumstances pertaining to the property and utilize these advantages in operating the property.
Our team’s hands-on approach affords us the ability to work with any tenants who are struggling to find a long-term solution where they can be profitable – and thus pay higher rent over time. We also work proactively to minimize late or missed payments and regularly interview vendors to maximize the net income for the property.
Our asset management team has unique capabilities in marketing properties through traditional and digital media channels. We have created and executed specially tailored marketing plans for traditional grocery-anchored shopping centers, town centers, regional malls, mixed-use and lifestyle properties that have produced significant increases in tenant sales, as well as overall occupancy within the center.