Posts Tagged ‘Management’

Richard Fonash of Aberdeen Asset Management Headlines Dallas Ivy Family Office Forum

Tuesday, October 8th, 2013

Dallas, TX (PRWEB) October 01, 2013

Richard Fonash of Aberdeen Asset Management Inc. headlined the Ivy Family Office Network Dallas Forum with a discussion on Portfolio Allocations. The Forum was held on September 17th, 2013 in Dallas, TX.

According to Mr. Fonash, This is a challenging time for portfolio allocators, as we begin the transition away from asset markets driven heavily by central bank policy-making to markets that are more driven by underlying economic fundamentals. While growth momentum in the U.S. remains generally positive, the near to medium term contains numerous potential headwinds around Federal Reserve policy and leadership succession, the U.S. fiscal situation and rapidly evolving geopolitical concerns.

He continued, With so much uncertainty across financial markets, we believe it continues to be prudent to pursue a globally diversified, multi-asset approach to portfolio allocations. From a multi-asset point of view, diversification can be achieved with a portfolio mix of diversified equity exposures, selected fixed income segments, real assets and liquid alternatives. We believe it is important that investors operate with as broadly diversified an investing canvas as possible when assembling and allocating within their portfolios.

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Richard Fonash is a Senior Investment Manager at Aberdeen Asset Management Inc. and is a member of the firms Aberdeen Solutions team. Aberdeen Solutions aims to solve investment problems by combining the global resources of the Aberdeen group within customized portfolios. These portfolios seek to meet investment objectives whether expressed as relative return, absolute return, real return, targeted volatility or liability driven. Depending upon the requirement, we blend in-house capabilities, third party managers and passive exposures where appropriate. In this role, he is responsible for both asset allocation and manager selection, with a focus on multi-asset class investing that integrates non-traditional and alternative investments into allocation models. Richard co-manages Aberdeens US-based multi-asset allocation strategies as well as a diversified mutual fund of alternative investments. He graduated with a BS in finance from Villanova University and MBA in finance from the Simon School at the University of Rochester and is a CFA

Prudential PenFed Realtys Property Management Tips: Property Management Services vs Managing the Property Yourself

Saturday, July 13th, 2013


Washington, D.C. (PRWEB) July 03, 2013

The decision to use a property management company to manage your investment property versus managing the property yourself can often times be a difficult one. Even if you feel that you cannot afford the services of a property management company you should think twice and take a moment to interview with a company to see what they can do for you. You may find that its cheaper to go with a property management company for both financial and mental health reasons.

Peace of mind

Trust is another reason that landlords choose to manage their own property. Can I trust anyone else to take care of my property?

“Owners can rest easy knowing that a professional property management company will provide bi-annual inspections during each tenants lease term to ensure that the property is being well maintained,” said Teresa Irby, senior property manager with Prudential PenFed Realtys Property Management Division.

Oftentimes homeowners will ask family members or friends to be a point of contact for vendors when needed. While it may seem like the landlord is saving money by lining up people willing to help manage the property: it may create more problems down the road. A friend or family member most likely will not have as much experience as a property manager when it comes to dealing with property maintenance and vendors.

“Peace of mind that maintenance issues will be handled quickly and efficiently is particularly important to those living abroad or across the country as well as in the next town,” said Donna Brewer, manager of business development at Prudential PenFed Realtys Property Management Division.

Landlords who choose to use a property management company to take care of all elements of their propertys lease and maintenance are taking advantage of a wide variety of services.

Tenant

If you use a property management company to secure a tenant for your property they will market the listing and screen applicants which includes working with credit reporting companies to evaluate applicants credit worthiness. The property management company has all of the tools and experience necessary to ensure a proper condition inspection prior to all tenant occupancies. “This information is invaluable to protecting your investment,” said Alana Alger, director of property management with Prudential PenFed Realtys Property Management Division.

Accounting

All of the accounting is handled by the full-service property management company. Were talking about tracking expenses and income, tax documents, and paying HOA fees. The landlord never has to worry about dealing directly with the tenant to collect rent. It is the property management companys job to ensure that the landlord is paid in a timely manner.

Maintenance

No landlord, while theyre on vacation, wants to get a phone call from a tenant at 2a.m. with a maintenance request to fix a leaking hot water heater. A property manager will always be on call to handle these situations for you. The property manager works with utility companies and vendors to make sure issues are resolved quickly and professionally.

“We strive to get the landlords the best deals out there. We have such good working relationships with vendors that it never takes long to contact someone and get the problem solved,” said Tina Williams, property services coordinator with Prudential PenFed Realtys Property Management Division.

Law

Tenants often dont understand the legal requirements of the landlord and a professional property management company is current on all local, state, and federal laws regarding licensing, environmental, fair housing, eviction, and more. The company will always be fair to the tenant while ensuring that the rights of the landlord are maintained. In the event of a lawsuit, the professional property management company will contact its affiliated attorney.

Taxes

Did you know that property management fees and leasing fees are tax deductible? All of the provided end-of-year statements and 1099s make tax preparation much easier.

“The relationship between owner and tenant is strictly business since it is mediated by the property management company. This truly makes your home more of an investment property,” said Tausha Magrum, leasing coordinator with Prudential PenFed Realtys Property Management Division.

It is important to remember that if you decide not to go with a professional property management company then you, as the landlord, will be responsible for everything.

“There is peace of mind knowing that your biggest investment is being watched over by a professional company. It is the best insurance you can buy,” said Alana Alger, director of property management with Prudential PenFed Realty.

If youre interested in learning more about what our property management division can do for you and your investment property, please call Donna Brewer at 800-550-2364 or email at donna(dot)brewer(at)penfedrealty(dot)com.

About Prudential Real Estate and HSF Affiliates LLC

Prudential Real Estate is a part of the HSF Affiliates LLC real estate brokerage family, which includes Real Living Real Estate and the new Berkshire Hathaway HomeServices brand available later in 2013. Prudential Real Estate franchises are independently owned and operated.

HSF Affiliates LLC, based in Irvine, Calif., is a joint venture of HomeServices of America and Brookfield Asset Management.

Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities and are used under license with no other affiliation with Prudential.

About Prudential PenFed Realty

Prudential PenFed Realty, wholly owned by PenFed (Pentagon Federal Credit Union), is a full-service real estate company with an annual sales volume over $ 1.7 billion; serving PenFed members as well as the general public. Recognized as a leading real estate company in its service area, it is ranked among the top Prudential affiliates nationwide. Over 1,700 top-notch sales professionals work out of Prudential PenFed Realtys 49 offices to provide complete real estate services in Delaware, Florida, Kansas, Kentucky, Maryland, North Carolina, Northern Virginia, Pennsylvania, Texas, Washington, D.C. and West Virginia.

Prudential PenFed Realty is an affiliate of the Brookfield/Home Service Franchise (Formerly Prudential Real Estate) Residential Property Services network. Its franchises are independently owned and operated. The network provides franchises with numerous benefits, including access to Prudential Real Estates Online Seller Advantage

Under New Management – A Glimpse Into a Life at Reynolds Plantation on Lake Oconee Georgia

Wednesday, July 3rd, 2013


Atlanta, Georgia (PRWEB) June 29, 2013

Real Estate Scorecard celebrates the harmony Metlife has brought to an avid golfers paradise in Central Georgia. Reynolds Plantation is an award winning gated Georgia lake community with six championship golf courses. Its new owner, Metlife, wasted no time making substantial investments into the communitys infrastructure. Renovations began last year on the Great Waters and The Landings golf course. The Oconee Course and The National Course renovations began this month. On the horizon, construction of the new National Clubhouse is planned.

The Reynolds Golf Academy is a top ranked instructional facility with six head golf pros on staff. The Linger Longer Invitational, Reynolds Ramble, member tournaments, and global group travel are just a few of the superb golfing activities club members enjoy. From Real Estate Scorecards research, there are only a handful of gated golf communities with amenities at this level. The Lake Club Tennis Club is also impressive. The tennis center has 16 tennis courts, double court stadium seating and an incredible tennis social calendar.

Reynolds Plantation has the advantage of being located away from the coast and the threat of hurricanes, yet it borders beautiful water, the stunning 18,000 acre Lake Oconee, Georgias second largest lake. If golf or tennis isnt your cup of tea, property owners here have incredible water sports to enjoy. Its no surprise fishing clubs are popular at this best Georgia lake community. Lake Oconee Anglers held their first fishing tournament of the season last week and thats just one of the fishing clubs. Lake Oconee Anglers meets each month on Tuesdays. At Reynolds, theres no need to own a boat. Reynolds Plantation has a new fleet of pontoon boats available to rent at one of their four full service marinas.

A day in the life of Reynolds includes holiday celebrations such as Red, White & Boom, the communitys spectacular upcoming Fourth of July celebration. More fun social events include Reynolds Plantations cooking demonstrations by their fabulous chefs, themed dinners, summer concert series by the pool, and the Plantation Chefs Market every Saturday, an old-fashioned street Farmers Market inside this community.

When stars begin to light up the moonlit sky, Reynolds Linger Longer Living Series kicks into full gear. The entertainment series on property includes Lectures & Discussions, Workshops, and Prelude Dinner & Concert events. Heres whats happening in July:

July 15 – Basket Making Workshop taught by Peggie Wilcox

July 18 – Prelude & Dinner Concert by Appalachian Band Speaking in Tunes

July 22 – Lecture & Discussion about The First 200 Years of Kew Gardens

July 29 – Lecture & Discussion about The Civil War

July 31 – Lecture & Discussion about Southern Architecture

Reynolds Plantation has its own town village (Lake Oconee Village) complete with restaurants, retailers, a five-star resort hotel, and nearby new hospital. This best Georgia lake community offers it all including activities for the kids and grandkids. Kids programs include:

Reynolds Adventurers Summer Program – June & July

Family Campout in the Commons – June & July

Summer Youth Soccer Camp – July

Kindermusik Summer Program – July

Kids Night Out – June & July

Whether buyers are relocating Baby Boomer or desire a vacation home on the lake, Reynolds Plantation offers a fun filled lifestyle to everyone.

About Real Estate Scorecard

Real Estate Scorecard writes unbiased real estate reviews providing in-depth information about popular gated communities in Florida, Georgia, North Carolina, South Carolina and Tennessee, all in an effort to help people discover where to retire in the Southeast.

Website: http://realestatescorecard.com







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Turner School of Construction Management Graduates 101 Contractors

Thursday, May 9th, 2013


Washington, DC (PRWEB) May 05, 2013

Turner Construction Company held its largest graduation ceremony yesterday for the Turner School of Construction Management in DC at Howard Universitys Blackburn University Center. The 2013 Turner School of Construction Management (TSCM) was hosted by the DC Small Business Development Center at Howard University where Council member Muriel Bowser attended as the keynote speaker. Turner Senior Vice President of Community Affairs, Hilton Smith, Associate Dean of Howard University, and Ann-Marie Waterman were among other dignitaries and University officials present. TSCM is an 8-week curriculum developed by Turner to provide management training and certification to potential subcontractors. Beginning on March 13 and running through May 1, the Turner School provided educational opportunities to over 150 companies in the Greater Washington, DC area.

In the most moving part of the ceremony, class appointed speakers engaged the room with their poignant stories and lessons learned. The most prevalent theme surrounded the value of relationships propelling business success. One speaker reminded the class of a lesson from the first session, presented by Ken Jones, Vice President and General Manager of Turner Construction Company. Do you want to be right, or do you want to be married? She reminded graduates that when partnering with service providers and working with clients, you have to think ahead and be mindful of consequences affecting relationships.

Since 1969, the Turner School of Construction Management has strived to expand the opportunities available to growing businesses. For this years program, Turner partnered with the DC Small Business Development Center –a collaborative initiative of Howard University, the Small Business Administration (SBA), and District of Columbia small business community stakeholders– to increase the prospects of growth for small, local and disadvantaged contractors by teaching them how to successfully bid, propose to, and work with a company the size of Turner. The hope is for the TSCM to better prepare the subcontractor market to win and successfully conduct work in the Washington, DC area.

Each course topic in the TSCM program was taught by Turner staff and select industry partners who have spent years in the field and are regarded as subject-matter experts. This years topics included project management, accounting & banking, construction estimating & scheduling, safety, and sales & marketing.

Since its inception, the program has helped participants build networks, form long-term business relationships, and establish successful joint ventures to win contracts with Turner and other industry leaders. The TSCM mission is aligned with the DC Small Business Development Center Network which continues to provide no-cost technical assistance to the attendees. The Turner School provides us with a great opportunity to partner with clients and industry professionals to continue to grow the capacity of our emerging and minority owned businesses, said Ken Jones, Vice President and General Manager of Turner Construction Company.

Turner has awarded more than $ 1 billion in contracts a year to minority-owned businesses for the past 8 years running and awarded over $ 1 billion to MBE contractors in 2012. Many graduates of the Turner School of Construction Management become eligible for and perform work on Turner projects and joint-ventures. Last year, the District of Columbia SBDC provided training and resources to over 400 small businesses throughout the city with recent clients receiving almost $ 4 million in capital formation. With collaborations like that with the Turner School of Construction Management, the Center has increased its positive impact on our local economy.

Turner established TSCM to effectively give back to the community through the sharing of knowledge, promoting the empowerment of small businesses in the construction arena. Turner has previously held smaller TSCM programs in Prince Georges County, MD, Richmond, VA, and Washington, DC regionally, as well as many more across the nation. This was the second largest graduating class in the history of TSCM. 272 graduates completed the TSCM program in Atlanta, GA in 1983.

About Turner Construction Company

Turner is a North America-based, international construction services company. Founded in 1902 in New York City, Turner has 5,200 employees worldwide and works on 1200 projects each year, for an annual construction volume of $ 8 billion. As the largest general builder in the United States, Turner ranks first or second in the major market segments of the building construction field, including healthcare, education, sports, commercial, telecommunications, and green building. The firm is a subsidiary of HOCHTIEF, a publicly traded company, and one of the worlds leading international construction service providers.

For more information please visit http://www.turnerconstruction.com.

About DC Small Business Development Center

The DC Small Business Development Center (DC SBDC) Network is a collaborative initiative of Howard University, the US Small Business Administration (SBA), and District of Columbia small business community stakeholders. The DCSBDC Network provides free management and technical assistance and affordable training in all phases of business development to small business owners. The District of Columbia SBDC trained and skilled business consultants provide confidential, one-on-one management assistance educating small business owners and potential owners on how to successfully start, operate, expand or buy and sell small businesses.

Through the Networks established relationships with lenders, DC SBDC helped small businesses get approved for millions in financing. Last year, the District of Columbia SBDC served over 400 small businesses throughout the city; recent clients have received almost $ 4 million in capital formation. The DC SBDC Network is a member of the Association of Small Business Development Centers (ASBDC).

For more information please visit http://www.dcsbdc.org.

About HOCHTIEF

HOCHTIEF is one of the leading international providers of construction-related services. With more than 80,000 employees and a sales volume of EUR 23.28 billion in FY 2011, the company is represented in all the worlds major markets. With its core competencies in development, building and operation, the Group delivers services for the entire life cycle of infrastructure projects, real estate and facilities. The focus of the related business activities is on four strategic areas: energy infrastructure, transportation infrastructure, major cities, and resources. With its subsidiary Leighton (HOCHTIEF share around 54 percent), the Group is market leader in Australia. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006. Further information is available at http://www.hochtief.com/press.







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Sutton Group – Canwest Recommends IXACT Contacts Real Estate Contact Management System to Their 150 REALTORS

Monday, April 29th, 2013


Toronto, Ontario (PRWEB) April 25, 2013

IXACT Contact and Sutton Group – Canwest have partnered together to provide IXACT Contacts world-class real estate contact management system to Sutton Group Canwest agents.

We believe that all of our agents should get on board with IXACT Contacts real estate contact management system because we think its the best real estate CRM in the industry and will greatly help the Realtors in our office stay organized and grow their referral and repeat business, said David Lem, Managing Broker, Sutton Group – Canwest.

Sutton Group was founded in 1983 and is one of the most prominent real estate brokerages in Western Canada. Since inception, theyve always had the customer comes first mentality, and have advocated that the Realtors in their office make concerted efforts to build lifelong relationships with all of their clients. Sutton Group – Canwest is a Sutton office out of Calgary, Alberta.

Sutton is a household name when it comes to real estate in Canada and were thrilled that Sutton Group – Canwest is endorsing our system across their brokerage, said Rich Gaasenbeek, Vice President, Sales and Marketing, IXACT Contact.

In February of this year, Illustrated Properties, a luxury real estate brokerage in Florida with 25 offices and over 500 agents also partnered with IXACT Contact to roll out the real estate contact management system to all of their agents.

To learn more about IXACT Contacts Corporate/Office Program contact Rich Gaasenbeek at 1.866.665.0018 or info(at)ixactcontact(dot)com.

About IXACT Contact Solutions Inc.

IXACT Contact