Ajax provides asset management services utilizing a hands-on approach developed through its experience owning and managing a diverse portfolio. By continually reassessing performance, we ensure that each property’s management staff, leasing strategies and capital planning are focused on creating value. By combining financial advisory services with a broad range of asset management and development management capabilities, Ajax is uniquely positioned to offer comprehensive asset management solutions.
Asset Management
Ajax’s rigorous underwriting and due diligence process ensures that the risks of each potential acquisition are well understood and are justified based on expected returns. During due diligence, Ajax devises a comprehensive asset strategy, with operational, development, marketing, and financial components individually tailored to realize the full potential of the asset. Leveraging its excellent network of private and public sources of debt financing, Ajax creates a capital structure that complements the operational strategy and maximizes equity returns. Once acquired, Ajax executes its operational plans with a hands-on approach and by continually reassessing the property’s performance. For opportunities that involve new construction or redevelopment, the team will leverage its construction and development experience along with strong relationships with local development partners in key markets. The team’s financial markets expertise allows Ajax to identify, evaluate, and execute investments in performing or non-performing loans backed by commercial properties, in addition to direct investments in properties.
Principal Investing
Financial Advisory
Ajax Partners specializes in restructuring services and sourcing debt, mezzanine and equity capital for institutional and entrepreneurial real estate owners. The team’s broad experience in commercial real estate principal investment, equity raising/capital formation, finance, and structured finance through multiple market cycles provides Ajax with differentiated and unique insight into the current market environment as it unfolds. This insight, coupled with unparalleled access to the broader real estate capital community allows Ajax to better serve the needs and objectives of our clients.
Ajax achieves ideal solutions in difficult situations through attention to detail and thorough analysis of borrower and lender strengths and weaknesses. The key objectives are to develop productive working relationships, ensure that the property/borrower are prepared, and convince the lender that the borrower will maximize the lender’s outcome.
Restructuring Solutions
Ajax offers a unique and thoughtful approach to both the debt and equity marketplaces. Our goals include cost effective execution of assignments, delivery of the optimal capital structure, and minimizing the likelihood of renegotiation. We save our clients money by drawing on our in-depth knowledge and experience, as well as our extensive industry contacts. We benefit the capital sources and reduce negotiation by providing efficient and reliable information on each property combined with a first-hand understanding of the requirements to close transactions from a capital source’s perspective.
Capital Placement
Our
Businesses
Ajax Partners is a real estate investment management company that specializes in principal investment, asset and development management and financial advisory within the real estate sector. Ajax’s principal investment strategy focuses on supply-constrained markets along the East Coast, with an emphasis on second tier markets and secondary submarkets of top tier markets. Ajax identifies well-located properties in markets that it believes are under-valued or under-utilized. Ajax’s investments will often be transitional in some respect, including lease-up, repositioning, rehabilitation, redevelopment, recapitalization situations, and ground-up development. Ajax has current assets under management of approximately $200 million.
Ajax provides third party asset management and property management services utilizing a hands-on approach developed through its experience owning and managing its own portfolio. By continually reassessing each property’s performance, we ensure that each property’s management and maintenance staff, leasing strategies and capital planning are focused on creating value. Ajax also provides third party ownership with owner’s representation, project management and execution for their large construction and capital projects. Members of our team serve as project managers and construction managers on projects ranging from new construction to renovation/retro-fits of existing structures and spaces. By combining financial advisory services with a broad range of asset management and development management capabilities, Ajax is uniquely positioned to offer comprehensive asset management solutions to both lenders and owners.
Asset & Development Management
Financial Advisory
Ajax Partners specializes in restructuring services and sourcing debt, mezzanine and equity capital for institutional and entrepreneurial real estate owners. The team’s broad experience in commercial real estate principal investment, equity raising/capital formation, finance, and structured finance through multiple market cycles provides Ajax with differentiated and unique insight into the current market environment as it unfolds. This insight, coupled with unparalleled access to the broader real estate capital community allows Ajax to better serve the needs and objectives of our clients.
Ajax achieves ideal solutions in difficult situations through attention to detail and thorough analysis of borrower and lender strengths and weaknesses. The key objectives are to develop productive working relationships, ensure that the property/borrower are prepared, and convince the lender that the borrower will maximize the lender’s outcome.
Restructuring Solutions
Ajax offers a unique and thoughtful approach to both the debt and equity marketplaces. Our goals include cost effective execution of assignments, delivery of the optimal capital structure, and minimizing the likelihood of renegotiation. We save our clients money by drawing on our in-depth knowledge and experience, as well as our extensive industry contacts. We benefit the capital sources and reduce negotiation by providing efficient and reliable information on each property combined with a first-hand understanding of the requirements to close transactions from a capital source’s perspective.
Capital Placement