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The Kornfeld Group assists lenders and other parties who own distressed commercial real estate by providing comprehensive interim asset management solutions.  We assist owners in stabilizing the property, managing the asset and repositioning the property for future sale.  We are uniquely qualified as property owners, developers and leasing agents ourselves.  Our principals bring decades of experience in asset management, leasing and property management to every project we manage.  We actively operate our own commercial properties, and we apply our thorough understanding of today’s rapidly changing commercial environment to both our own portfolio and those of our clients.   

Our Commercial Real Estate Stabilization Services Include:

  • Overall Analysis of the Real Estate Asset, Including Physical Assessment with Recommendations; Tenant Evaluations; Revenue/Expense Analysis;  Competitive Market Analysis and Valuation Estimate;

  • Meet With Client to Develop Property Strategy; 

  • Asset Management Including Stabilization of Operations; Supervision of Leasing and Property Management; Detailed & Customized Reporting to Owner;

  • Development & Implementation of Workable Strategies to Improve Property Value; 

  • Identify Value-Enhancement Opportunities; 

  • Property Management of Commercial Real Estate Assets with High Quality & Reliable Maintenance Services & Regular Property Inspections; 

  • Proactive Tenant Retention Program; 

  • Aggressive Marketing & Leasing to Attract Qualified Tenants; 

  • Construction Management Including Completing Unfinished Physical & Maintenance Projects; 

  • Instituting Necessary Repair & Maintenance Programs to Improve a Property’s Functionality & Improve Its Value; 

  • Evaluate & Challenge Assessor Values; 

  • Customized & Detailed Reporting to Owners Including Monthly Income & Expense Reports; and 

  • Assist Owner in Facilitating Disposition of the Property. 

Asset Classes & Locations 

The Kornfeld Group assists clients with all types of commercial properties, including retail, office, multi-family and industrial.  From single-user buildings to large mixed-use properties, we treat each asset and client with dedication.  Our services are available nation-wide.  We have an experienced team of property managers, brokers, vendors, accountants and lawyers to professionally manage commercial properties regardless of their location.  For some remote markets, we occasionally retain veteran professionals locally and closely supervise them to ensure peak performance. 

Uniquely Qualified 

The Kornfeld Group is uniquely qualified to assist clients who have reclaimed their distressed properties and whose primary business  is unrelated to managing  commercial real estate.   For nearly 30 years The Kornfeld Group’s affiliated companies have been active in the commercial real estate market as an owner, landlord, broker and property manager. Our principals’ experience includes commercial real estate development, real estate asset management, leasing, property management, construction management, consulting, legal and other related endeavors.  Each of them brings their own unique set of skills, and together they provide superior asset management for their clients.  The group is not merely a third-party consultant, but rather a designate owner who manages our clients’ assets as though they were our own. 

Our clients include financial institutions, other lenders, governments, developers, property owners, hotel owners and operators, retailers and restaurants.  As a full service company, we have the knowledge and infrastructure already in place to immediately manage daily operations for any commercial property.  Additionally, as owners ourselves, we will make decisions to benefit the property’s long-term value, rather than  choosing an inferior short-term solution. 

Over the past 3 decades, The Kornfeld Group has experienced all facets of the real estate cycle.  We understand how to both stabilize a property and capitalize on the opportunity created by a down market.  By partnering with the Kornfeld Group, you will be working with a dedicated, knowledgeable boutique commercial real estate firm that will provide your portfolio with the personal attention necessary to have a positive return on your investments.