SKB acquires well-located office, retail, industrial and hospitality assets in supply-constrained markets of the Western United States. We focus on value-add and core plus investments ranging from $10 million to $150 million in properties that are impaired or undervalued due to temporary market conditions, management, leasing, or financing challenges.
SKB has a strong reputation for executing swiftly and decisively, and we have extensive experience as investors and asset managers. We have built numerous relationships with sellers, buyers, lenders, brokers, property managers and tenants.
SKB has a long history of successfully partnering with institutional equity partners and individual private investors. We have established relationships with 20 institutional investors managing over $2 trillion combined. Institutional equity partners have co-invested with SKB in transactions representing over $2.38 billion in asset value. Including the value of assets acquired by SKB with its high net worth and family office investors, SKB has acquired $4.71 billion in commercial real estate.
Opportunities arise for recapitalization of real estate assets through note acquisitions. SKB’s approach to loan acquisitions focuses upon subjective evaluation of the business plans of each borrower and/or asset to optimize stabilization and revenue growth over the prescribed holding period.
Generations worth of intellectual capital amassed by the SKB team have enabled it to advise its clients in numerous situations and across a spectrum of capacities. SKB’s nimbleness and creativity paired with its ability to comprehend complex challenges in compressed timeframes and positively affect outcomes, suit clients who expect expert, results-driven advice on a time-sensitive basis.
SKB differs from other advisory groups in that we integrate the best available data with our operational experience, expertise and breadth of relationships to empower our clients with the knowledge to make informed decisions.
Assets often require a creative and resourceful team capable of solving operational challenges and executing innovative strategies to address them. SKB has experience in resolving complex situations that present opportunities to create value. Through our customized accounting and reporting platform, SKB delivers institutional grade reports to investors.
SKB’s asset management department boasts an experienced team accustomed to managing a wide range of assets across several property types, investment risk profiles and geographic markets on behalf of investors ranging from high net worth individuals to institutions. On a daily basis, asset managers oversee property activities and the vast teams of professionals that work together to execute each asset’s business plan. Asset management oversees and forms a cohesive unit with SKB’s in-house property management team to generate above market results for investors.
SKB delivers industry leading property management as a fee-based property manager. Our seasoned team of more than fifty professionals is recognized for their ability to maximize investment value, capitalize on available resources, add value through sustainability and deliver Best-in-Class customer service. SKB’s vertically integrated, team building approach creates a bond between employees, investors and assets that can’t be replicated by third-party providers and distinguishes SKB in the marketplace.
The entrepreneurial spirit of SKB leads to innovative processes, creativity and synergies that create a cohesive property management experience rarely seen in the commercial real estate investment realm. Owner representation and lease administration are geared toward building tenant relationships and exceeding their expectations, adding long-term value to investments. In addition to its involvement in nearly all of the SKB owned portfolio, property management also considers third-party assignments.
SKB leverages its professional asset and property management experience to successfully protect receivership assets on behalf of owners and lenders. SKB has performed receivership functions for several assets in the West. SKB’s receivership services include: