Asset Management

Driving Value with Asset Management

VEREIT’s Asset Management team focuses on managing risk within our owned and managed property portfolios

Asset Management

Our team actively engages with our in-house experts, tenants and local market resources to evaluate:

 

» Assets within three years of lease expiration
» Assets where submarket conditions or tenant credit deterioration expose us to abnormally high risk
» Cases where the level of secured debt or the loan structure puts incremental investment in the property at unusually high risk
» Cases where we believe we can achieve mutually beneficial lease modifications

 

At the property level, VEREIT seeks to preserve or create value by:

 

» Understanding the importance of the property to the tenant
» Underwriting the quality and condition of the real estate, both to the tenant and within the local real estate market
» Extending leases with existing tenants
» Repositioning the property and replacing the tenant when necessary
» Managing the investment of new capital to ensure an appropriate risk-adjusted return while minimizing portfolio vacancy

 

On a portfolio level, the Asset Management team helps monitor and manage risk arising from:

 

» Shifting local market conditions
» Accruing property obsolescence
» Concentration of exposure to a particular tenant, submarket or property type
» High likelihood that excessive capital will be necessary to retain a tenant or maintain an asset

Asset Management Contacts

VEREIT

Our Commitment

As a full-service real estate operating company, VEREIT is driven to serve our tenants, stakeholders and employees through discipline, transparency and consistency.