Royal Oak values win-win acquisition opportunities that instill confidence in brokers and sellers that our transactions will close efficiently and as scheduled. The Royal Oak business strategy is driven by performance and predictability: maintain a diversified real estate portfolio comprised of "mission-critical" industrial and general office properties, net leased to . border-left-color: #ffffff; The Committee also assists in developing, establishing and monitoring strategies to expand the investor base. F: 585.434.1670 border-color: #ffffff; All team members have been critical contributors to both the success and growth of our company and its investment. Copyright Nareit 2023. Cambridge Street Asset Management also serves as Royal Oak's property manager. He is a Beta Gamma Sigma International Honor Society inductee which represents the highest recognition a business student can receive in a business program accredited by AACSB International. He also serves on the Cornell University Deans Advisory Board and on the Advisory Council of Cornells Entrepreneurship and Personal Enterprise Program. Developed by Mason Digital. Bob has a long history working with buyers of mission critical industrial real estate. A symbol of strength and confidence. Address: 600 East Ave Ste 200 Rochester, NY, 14607-2089 United States Phone: Website: www.royaloakrealtytrust.com 600 East Avenue, Suite 200 Rochester, NY 14607 Directions, P: 585.434.1660 F: 585.434.1670 E: info@royaloakrealtytrust.com, Copyright 2022 Royal Oak Realty Trust. He is recognized as one of Western New Yorks leading commercial and industrial real estate professionals. In support of the Rochester community, Stan has served in leadership roles for Gildas Club, High Tech Business Council, Duke University Alumni Association and the Country Club of Rochester. Past performance is not a guarantee of future results and the investment involves various risks including, among other things, those set forth in Royal Oaks Private Placement Memorandum. 44.9% Nationwide. Restoring the Georgian Splendor of Bath Assembly Rooms, general@royal-oak.org Get on-demand access to financial statements, monthly summaries, year-end tax statements, and important documents from anywhere using our robust mobile capabilities. In addition, Chuck serves on the Board of Directors of Post Process Technologies, as well as several other private companies. Royal Oak Realty Trust. In addition to being a Certified Public Accountant since 1971, Tom earned a BA in Accounting from St. John Fisher College in Rochester, NY, where he was awarded an honorary degree of Doctor of Law. Charlie is a partner in Cambridge Street Asset Management, LLC. Chief Investment Officer(585) 287-5869bbender@royaloakrealtytrust.com. } In addition to his current board service, Phil previously served as a member of the Board of Directors of the American Red Cross, Boy Scouts of America, Fleet Bank, Genesee Valley Trust Company, Hahn Automotive, Excellus of New York, Ryder Systems, National Association of Truck Stop Operators (NATSO), Rochester General Hospital, and Roswell Park. Royal Oak then acts as a stable and supportive landlord willing to continue to invest additional capital for upgrades and improvements. The majority of Bills early career was in the banking industry. Charlie serves as a board member and Vice President of the board of Big Brothers Big Sisters of Greater Rochester, as a member of St. John Fisher College School of Business Deans Leadership Circle and as a member of the Leaders Build Committee at Flower City Habitat for Humanity. We continuously work to enhance and expand our diversified portfolio through each new acquisition to benefit Royal Oak shareholders. The clear and consistent cash flow stream derived from the net-leased and mission critical characteristics of these real estate investments ensures we continue to generate strong investment returns for our shareholders. Royal Oak Realty Trust is a private, non-traded real estate investment trust (REIT) that specializes in investing in mission critical, single tenant, net leased commercial facilities located in growing US markets. The Royal Oak board is comprised of six directors, four of whom are elected by shareholders as Independent Directors, and two who are nominated by the asset manager - Cambridge Street Asset Management, LLC, who serve as non-Independent Directors. We hope we can count on your support. Ed currently serves as a Director on the board of Life Storage, Inc., a publicly traded self-storage REIT (NYSE: LSI) as well as serving as the Chair of its Nominating and Governance Committee. Independent DirectorChairman of Independent Directors Committee. From Morocco, the New Economy Gateway series brings together regional leaders to discuss, analyze and propose solutions to the global economys most pressing problems. For 60 years, Nareit has led the U.S. REIT industry by ensuring its members best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking. fill-opacity: 0; background: #ffffff; He also serves as the Vice President of Acquisitions of the Asset Manager, Cambridge Street Asset Management LLC. Hank Wedow serves as Director of Real Estate Acquisitions for the Asset Manager, Cambridge Street Asset Management LLC. Stay connected and informed with built-in messaging, notifications, and emailing tools, all with fully mobile functionality to simplify collaboration. We help place tenants in properties that are a great fit for them and their needs. Royal Oak manages dozens of residential units along with a large number of communities, primarily made up of new construction in the Central Denver area. Bruce has over 30 years in the industry, and Bruce has acquired a unique blend of commercial real estate experience with involvement in all aspects of real estate transactions including purchasing, selling, financing and leasing. #hotspot-1380 .leaflet-popup-scrolled { Tony Tortorellabecame the independent member of the Investor Relations Committee in April 2016. OP units can be converted to common shares over time. Royal Oak looks for opportunities to acquire commercial real estate through brokered and non-brokered opportunities. Support from Royal Oak Foundation will help the National Trust breathe new life into one of Englands most stunning gathering places. Royal Oak is a private, non-traded Real Estate Investment Trust (REIT). Royal Oak Realty Trust Inc. ("Royal Oak") was established in 2013, as a private, non-traded Real Estate Investment Trust ("REIT"). The company's focus on industrial properties has allowed it to build a strong portfolio of assets that generate stable cash flows and provide long-term value for its investors. Past performance is not a guarantee of future results and the investment involves various risks including, among other things, those set forth in Royal Oaks Private Placement Memorandum. Royal Oak Realty Trust Inc. ("Royal Oak") was established in 2013, as a private, non-traded Real Estate Investment Trust ("REIT"). With Demand Outstripping Supply, Industrial Remains a Darling Sector. A Section 721 UPREIT exchange is a tax deferral/tax avoidance strategy for property owners facing capital gain tax liabilities on the sale of appreciated property with a low tax basis. [source] REITs Headquartered [source] 46. Earlier in his career, Charlie performed auditing, tax, consulting and accounting services for the public accounting firm of Davie Kaplan, CPA, PC in Rochester, NY. He is the recipient of Camp Good Days and Special Times 1998 Teddi Award and RIT's 2005 Herbert W. Vanden Brul Entrepreneurial Award and 2017 Volunteer of the Year Award. 2021 - Annual Report - Royal Oak Realty Trust. Mark is a partner in Cambridge Street Asset Management LLC. stroke: #000000; Performance Details 1 year Return N/A 2 year return N/A 3 year return N/A 5 year return N/A 10 year return N/A Market Cap N/A Dividend Yield fill: #ffffff; #hotspot-1380 .leaflet-tooltip-bottom:before { stroke-opacity: 0; If you are seeking to monetize a commercial real estate asset; find a landlord who works as your partner; or develop a creative real estate solution to fit your specific business situation, Royal Oak can help. In the pandemic year of 2020, the aptly named Royal Oak Realty Trust provided shelter and growth for accredited investors during the pandemic. The success of Royal Oak Realty Trust is largely based on our ability to provide net lease real estate solutions to property owners and tenants. Royal Oak manages dozens of residential units along with a large number of communities, primarily made up of new construction in the Central Denver area. Support from Royal Oak will help the National Trust breathe new life into one of Englands most stunning gathering places. He has been a licensed Real Estate Broker in New York State since 1998 and is a certified Lean Six Sigma Green Belt. In these roles, Stan oversees the portfolio management, property management and business development functions for the firm. The net lease concept ensures that cost fluctuations do not impact the cash flow to Royal Oak. United States. In this position, he evaluates, recommends and acquires commercial real estate on behalf of Royal Oak. Royal Oak Realty and Property Management is a full-service licensed real estate and property management brokerage in Denver, Colorado. Charles R. Knittle, CPA is Vice President, Chief Accounting Officer, Treasurer and Secretary of the Corporation. Hank Wedow began his commercial real estate career as an Analyst at Townhouse Partners Consulting, a boutique consulting firm in New York City where he was responsible for the underwriting of commercial real estate properties and portfolios prepared for CMBS securitization on behalf of major lending institutions. Oops, there was an error sending your message. He is also a member of the Royal Oak Audit Committee. In addition, Bill formerly served on the Board of Directors of the Colleges of Hobart and William Smith. Royal Oak has also worked with private equity firms to provide acquisition support through a simultaneous acquisitions/sale-leaseback transaction. If you are seeking to monetize a commercial real estate asset; find a landlord who works as your partner; or develop a creative real estate solution to fit your specific business situation, Royal Oak . The net cash flows remaining after payment of the Company's obligations fund monthly dividend payments to shareholders, as declared by the Board of Directors. Suite 200 Directions, P: 585.434.1660 F: 585.434.1670 Charlie is a Certified Public Accountant. Royal Oak Realty Trust Jan 2022 - Present1 year 6 months Rochester, New York, United States Financial Analyst/Project Management Intern VAST Enterprise Solutions May 2021 - Jan 20229 months. He is a former board member of CenterState CEO and Big Brothers Big Sisters of Greater Rochester. 31900 Solon Rd., 6401 Davis Industrial Pkwy., and 30600 Carter St. 1204 East Summit Street & 1725 East Maple Street. Charlie is a 2020 honoree of Rochester Business Journals Forty Under 40 for business and civic contributions. The company invests primarily in growing US markets where there is strong demand for industrial space from tenants across various industries. UPREIT A Section 721 UPREIT exchange is a tax deferral/tax avoidance strategy for property owners facing capital gain tax liabilities on the sale of appreciated property with a low tax basis. This has resulted in our ability to meet, since inception, our annual dividend targets. In a triple net lease, the business owner continues to retain operational control over the property and is responsible for the majority of property and operational expenses, including property taxes in exchange for a lower monthly rent. He actively engages in dialogues with business owners, private equity firms, real estate companies, accountants, attorneys and other parties who might be interested in sale-leasebacks, UPREITs or other transactions. } Net leases are agreements between landlords and tenants where the tenant assumes responsibility for paying certain expenses associated with operating the property such as taxes, insurance, and maintenance costs. He currently serves on the boards of directors of two public companiesPaychex Inc. (PAYX), where he is a member of their companys Audit Committee; and CurAegis Technologies (CRGS), where he chairs the Audit Committee. Matt is a Certified Public Accountant (CPA) and an Accredited Senior Appraiser (ASA) with the American Society of Appraisers. His most recent position was President and CEO of Ovation Payroll, which was acquired by Heartland Payment Systems, Inc. in 2013. The Royal Oak business strategy is driven by performance and predictability: maintain a diversified real estate portfolio comprised of "mission-critical" industrial and general office properties, net leased to . He began his career in leasing, property management and development roles at the Bissell Companies, a southeastern commercial real estate firm. Positive Resident Relations, Agreement & Lease Compliance keeps everyone happy. Stan Holland is Vice President, Chief Operating Officer and Assistant Treasurer of the Corporation. Manage strategic financial planning processes, annual budgeting processes, rolling financial forecasts, and the underlying financial . 600 East Avenue, Suite 200 We have an extensive, proven network of third-party and legal due-diligence experts that allow us to close real estate transactions quickly and efficiently. Past performance is not a guarantee of future results and the investment involves various risks including, among other things, those set forth in Royal Oaks Private Placement Memorandum. News. Our risk rating model evaluates the tenant profile, the underlying real estate market, and the characteristics of the real estate to be acquired. .featherlight .featherlight-content.lightbox-1380 .hotspot-title, All rights reserved. The Investor Relations Committee is responsible for overseeing all marketing, communications and other services related to the investment offering of Royal Oak. Charles E. Lannonbecame an Independent Director of Royal Oak in January 2014 and is the Chairman of the Independent Directors Committee of the Board of Directors. Bruce has over 30 years in the industry, and Bruce has acquired a unique blend of commercial real estate experience with involvement in all aspects of real estate transactions including purchasing, selling, financing and leasing. Selling your real estate to Royal Oak Realty Trust allows property owners who frequently also own the business occupying the property to monetize a commercial real estate asset and redeploy that capital into their core business. 600 East Avenue Bruce E. Bender is Vice President, Chief Investment Officer and Assistant Secretary of the Corporation. Our team is supported by committed Board of Directors and Committee Members recognized business and community leaders with public board experience, including publicly traded REITs, who are active participants in our company strategy and key stakeholders in our success. You dont have JavaScript enabled. The success of Royal Oak Realty Trust is largely based on our ability to provide net lease real estate solutions to property owners and tenants. Bruce is a partner in Cambridge Street Asset Management LLC. Speakers discussed the impact of the slowing global economy, rising food and energy prices, supply-chain shocks and the growing risk of sovereign debt distress. The Royal Oak business strategy is driven by performance and predictability: maintain a diversified real estate portfolio comprised of mission-critical industrial and general office properties, net leased to credit-worthy tenants operating under long-term lease contracts. color: #000000; In this position, he evaluates, recommends and acquires commercial real estate on behalf of Royal Oak. He has been a member of the board of director at Life Storage since 1995, and previously served as chair of its Governance Committee and is currently a member of its Audit and Compensation Committees. Real Estate Acquisition. Matt also provides strategic input to Royal Oaks acquisition team by analyzing the creditworthiness of potential tenants and guarantors. Matt has over 15 years of consulting, finance and accounting experience. The team at Royal Oak has extensive experience in the commercial real estate industry and uses a rigorous due diligence process to evaluate potential investments. Royal Oak Realty Trust Connect to CRM Summary People Technology Signals & News Similar Companies About Royal Oak's concentration is on industrial and office net leased properties. As we like to say, "we offer service with distinction". fill-opacity: 0.51; He is also the Vice President of Operations and Business Development for the Asset Manager. Directly send funds for owner contributions, including emergency maintenance repairs, renovations, or reserves via eCheck or Debit Card. Developed by Mason Digital. He is a member of the Livonia Central School Athletic Hall of Fame and the National Association of Travel Centers Hall of Fame. T: 212.480.2889 | 800.913.6565. Royal wholesale electric (ced) - san leandro. A Journey Through the Wonderful Heritage of Wales, South of England Stately Homes & the Isle of Wight. By investing in these types of properties, Royal Oak Realty Trust is able to provide its investors with a reliable income stream while also benefiting from the potential for capital appreciation over time. The company's investment strategy is centered around acquiring high-quality properties with long-term leases from creditworthy tenants. border-right-color: #ffffff; Effective Marketing & Leasing services keep your properties filled and performing at their peak potential. He is also the Vice President of Operations and Business Development for the Asset Manager. Royal Oak Foundation is raising $1 Million to help the National Trust restore the grandeur and elegance of the Bath Assembly Rooms. Support from Royal Oak will help the National Trust breathe new life into one of England's most stunning gathering places. Royal Oak offers creative and flexible leaseback structures and work towards win-win outcomes with each transaction. Benefits of logging in Enter benefit text here. Past performance is not a guarantee of future results and the investment involves various risks including, among other things, those set forth in Royal Oaks Private Placement Memorandum. He also serves as the Vice President of Finance for Cambridge Street Asset Management LLC, the Asset Manager for Royal Oak. He is also the Sponsor of the Corporation, which he founded in 2013 with his friend and partner, Laurence Glazer. Here are some of the most common acquisition structures: At Royal Oak Realty Trust, we value our relationships with commercial real estate brokers and encourage them to make Royal Oak the first contact when a reliable, all cash buyer is needed.
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