A&G

Adaptive Reuse to Drive Distressed Investing in 2024 and Beyond

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水曜日, 5月 8, 2024
Education, ROI, Feature article, A&G, Port, Bankruptcy, Distress, Freemasonry, COVID-19, Environment, Bed Bath & Beyond, Bed, College, CMBS, JCR, Multimedia, Creativity, FDIC, College of New Rochelle, Cazenovia College, Commercial property

NEW YORK, May 8, 2024 /PRNewswire/ -- Distressed investing will be a prime focus in commercial real estate in 2024 and beyond, with the office market continuing as the largest source of stress, advised a real estate sales veteran from A&G Real Estate Partners. 

Key Points: 
  • "At $518 per square foot, this price is heavily discounted versus replacement cost and an example of an adaptive use triumph."
  • In retail real estate, reuse opportunities include backfilling vacant anchor spaces with the likes pickleball courts, self-storage facilities, daycare/early education centers or residential buildings.
  • Two recent A&G deals in New York illustrate the potential for adaptive use to benefit this sector.
  • "These imaginative solutions," Koulichkov concludes, "can provide the distressed investor with a valuable edge" in producing higher cash-on-cash yields.

Off-Premises Dining Changes the Game in Restaurant Real Estate

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金曜日, 3月 1, 2024
A&G, Real estate, Multimedia, Investment, Growth, COVID-19, Q&A, Usog, Ageing, Running

CHICAGO, March 1, 2024 /PRNewswire/ -- Many restaurant franchisees could take better advantage of the trend toward off-premises dining by using their real estate to drive higher throughput, said a veteran operator and investor during an online Q&A for Restaurant Finance Monitor.

Key Points: 
  • "Much has changed since Covid with the rapid growth of off-premises dining," Balis said.
  • "Restaurant brands need to look carefully at their revenue channels and build their sites to optimize performance.
  • The Feb. 29 webinar ("VIDEO: Restaurant Real Estate: Insights from a Veteran Investor and Operator ") offered a deep dive into real estate as an essential part of any restaurant chain's road to success, whether a multi-unit franchisee or an independent operator.
  • However, making "defensive" real estate investments can be just as important as organic growth, Balis said.

Clarivate Reports Fourth Quarter and Full Year 2023 Results

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火曜日, 2月 27, 2024
MarkMonitor, IP, Acquisition, ACV, A&G, Growth, Intellectual property, Patent, Organic, Cryptocurrency

LONDON, Feb. 27, 2024 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT) (the "Company" or "Clarivate"), a leading global provider of transformative intelligence, today reported results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Revenues for the fourth quarter increased $8.4 million, or 1.2%, to $683.7 million, and decreased 0.6% on a constant currency basis(2).
  • Subscription revenues for the fourth quarter increased $11.8 million, or 3.0%, to $410.8 million, and increased 1.1% on a constant currency basis(2).
  • Re-occurring revenues for the fourth quarter increased $6.4 million, or 5.7% to $119.1 million, and increased 3.8% on a constant currency basis(2).
  • Transactional and other revenues for the fourth quarter decreased $9.8 million, or 6.0%, to $153.8 million, and decreased 7.5% on a constant currency basis(2).

Clarivate Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
火曜日, 2月 27, 2024
MarkMonitor, IP, Acquisition, ACV, A&G, Growth, Intellectual property, Patent, Organic, Cryptocurrency

LONDON, Feb. 27, 2024 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT) (the "Company" or "Clarivate"), a leading global provider of transformative intelligence, today reported results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Revenues for the fourth quarter increased $8.4 million, or 1.2%, to $683.7 million, and decreased 0.6% on a constant currency basis(2).
  • Subscription revenues for the fourth quarter increased $11.8 million, or 3.0%, to $410.8 million, and increased 1.1% on a constant currency basis(2).
  • Re-occurring revenues for the fourth quarter increased $6.4 million, or 5.7% to $119.1 million, and increased 3.8% on a constant currency basis(2).
  • Transactional and other revenues for the fourth quarter decreased $9.8 million, or 6.0%, to $153.8 million, and decreased 7.5% on a constant currency basis(2).

A&G Gears Up to Seize New Opportunities in Today's Turbulent Commercial Real Estate Market

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水曜日, 2月 14, 2024
Sprouts, Rite Aid, A&G, Hardee's, Growth, Sale, Burger King, Houlihan Lokey, Partner, Property management

NEW YORK, Feb. 14, 2024 /PRNewswire/ -- A&G Real Estate Partners has retained the real estate group at Houlihan Lokey, Inc. to assist the Company in its efforts to seize fast-emerging opportunities in today's turbulent commercial real estate markets.

Key Points: 
  • NEW YORK, Feb. 14, 2024 /PRNewswire/ -- A&G Real Estate Partners has retained the real estate group at Houlihan Lokey, Inc. to assist the Company in its efforts to seize fast-emerging opportunities in today's turbulent commercial real estate markets.
  • The global investment bank is actively searching for investment partners to provide growth capital that will enable A&G to launch complementary new products and offerings.
  • A&G is on the front lines of lease restructuring, lease disposition and portfolio-optimization across all sectors of real estate.
  • Demand for good real estate in distressed situations has continued to fuel A&G's business in recent years.

A&G Plans to Offer Additional Rite Aid Store Leases in 11 States

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月曜日, 12月 4, 2023
Sale, United, Rite Aid, United States bankruptcy court, Bartell Drugs, Bankruptcy, Greystar Real Estate Partners, A&G

PHILADELPHIA, Dec. 4, 2023 /PRNewswire/ -- A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corporation ("Rite Aid" or the "Company"), today announced plans to market for sale an additional tranche of neighborhood pharmacy leases, pending approval by the U.S. Bankruptcy Court for the District of New Jersey.

Key Points: 
  • PHILADELPHIA, Dec. 4, 2023 /PRNewswire/ -- A&G Real Estate Partners , in its capacity as real estate advisor to Rite Aid Corporation ("Rite Aid" or the "Company"), today announced plans to market for sale an additional tranche of neighborhood pharmacy leases, pending approval by the U.S. Bankruptcy Court for the District of New Jersey.
  • The latest grouping comprises 79 store leases that will be made available in private sales, pending court approval.
  • To date, A&G has marketed 180 Rite Aid and Bartell Drugs leases, and 73 of which have been removed due to a sale or rejection of the lease.
  • As part of this process, Rite Aid continues to assess its property portfolio and may close additional stores to optimize its real estate footprint and improve its overall financial performance.

A&G Accepting Offers on 225 Acres of College Real Estate in Unity, Maine

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水曜日, 8月 9, 2023
Unity College, College of New Rochelle, Maintenance, Kaplan University, Dowling College, University, A&G, Education, Bed, Cazenovia College, Bloomfield College, Head, Multimedia, Organization, Internet, Greystar Real Estate Partners, Student, Running, Laboratory, Growth, ESG, Interstate 95, Interstate Highway System, Biomass, Property management, Management, Tunnel, Tourism

NEW GLOUCESTER, Maine, Aug. 9, 2023 /PRNewswire/ -- Unity Environmental University—a nonprofit, fully accredited institution with a main campus in New Gloucester—is offering for purchase its 225-acre, secondary teaching location at 90 Quaker Hill Rd. in Unity.

Key Points: 
  • "The University is bucking the trend of distress in higher education in a remarkable way," noted Emilio Amendola , Co-President of A&G and head of the New York-based firm's real estate sales division.
  • "It is a beautiful location, situated on 225 acres surrounded by woodlands and hills and just a short walk from downtown Unity, with an abundance of amenities."
  • "These facilities are well-maintained, with buildings totaling more than 100,000 square feet and with approximately 600 beds in all," noted Christian Koulichkov , Managing Director, Real Estate Sales, A&G Real Estate Partners.
  • "By acquiring these assets in addition to the real estate, a school could be up and running with up to 600 students very quickly."

A&G Named 'Real Estate Restructuring Firm of the Year' in 15th Annual Turnaround Atlas Awards

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金曜日, 8月 4, 2023
Sprouts, Network, A&G, Metropolitan Club, Marketing, Sale, Situation, Greystar Real Estate Partners, Hardee's, Admiration, Burger King, Real estate, Property management, Cineworld, CBD

NEW YORK, Aug. 4, 2023 /PRNewswire/ -- Global M&A Network has named A&G Real Estate Partners "Real Estate Restructuring Firm of the Year" as part of its 15th Annual Turnaround Atlas Awards—the latest recognition of A&G's national role as a provider of portfolio-optimization strategy, lease-restructuring and real estate sales.

Key Points: 
  • Graiser and A&G Co-President Emilio Amendola received the awards during Global M&A Network's gala event at The Metropolitan Club of New York.
  • "We're honored once again to receive industry recognition for our work in real estate restructuring," Graiser said.
  • A&G continues to be on the front lines of lease restructuring, lease disposition and portfolio-optimization across all sectors of real estate.
  • Along with the 2023 award, Global M&A Network named A&G "Real Estate Restructuring Firm of the Year" in 2019, 2020, 2021 and 2022.

New York State Police to Sign Two-Year Cazenovia College Lease

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水曜日, 7月 26, 2023
College of New Rochelle, Kaplan University, A&G, Cazenovia College, Head, Sale, Greystar Real Estate Partners, Hyatt Grand Central New York, Central New York, Management

CAZENOVIA, N.Y., July 26, 2023 /PRNewswire/ -- Cazenovia College will serve as the home of the New York State Police Auxiliary Academy in a lease transaction arranged by A&G Real Estate Partners and announced by Governor Kathy Hochul.

Key Points: 
  • Located in the heart of Cazenovia—a scenic village 20 miles south of Syracuse in Central New York—the nearly 200-year-old college ceased operations this past spring.
  • "Along with Governor Hochul, we're extremely pleased to announce this creative and constructive outcome."
  • Part of Governor Hochul's plan to bolster public safety in New York state, the leased space is large enough to allow up to 275 recruits and 115 instructors, according to the governor's office.
  • The New York-based firm's past engagements in the education sector include ITT/Daniel Webster College, Dowling College, The College of New Rochelle, Career Education Corp., and Kaplan University.

A&G Taking Offers Now on 49 David's Bridal Leases

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木曜日, 6月 1, 2023
David's Bridal, Interest, Greystar Real Estate Partners, United States bankruptcy court, Bankruptcy, United States Bankruptcy Court for the Southern District of New York, United, A&G, Eyler, Chapter 11, Title 11, United States Code

NEW YORK, June 1, 2023 /PRNewswire/ -- A&G Real Estate Partners is entertaining offers on 49 David's Bridal leases across the United States—transactions that must be presented for bankruptcy court approval by June 30.

Key Points: 
  • NEW YORK, June 1, 2023 /PRNewswire/ -- A&G Real Estate Partners is entertaining offers on 49 David's Bridal leases across the United States—transactions that must be presented for bankruptcy court approval by June 30.
  • Acting in its capacity as real estate advisor to the Conshohocken, Pennsylvania-based retailer, A&G also plans to hold a July bankruptcy auction of an additional select group of David's Bridal leases, pending court approval of bid procedures and determination of the auction date and deadline.
  • The company's portfolio includes inline, end cap and freestanding locations in well-located retail districts all over the United States.
  • For the store list and additional information, visit https://www.agrep.com/index.php/real-estate-for-sale
    Interested parties can contact Mike Matlat, (631) 465-9508, [email protected] ; or Todd Eyler, (914) 325-1602, [email protected] .