Product Overview
Asset Management
For over 25 years, AURA has overseen property operations of all of AEGON’s equity and investment properties across the country, along with foreclosed REOs and AURA-owned facilities. With over $1.5 billion in assets under management, from the renowned Transamerica Pyramid office building in San Francisco to a 40,000-square-foot retail center, AURA’s seasoned managers have proven themselves skilled in managing all property types on a national scale, including traditional commercial real estate and renewable energy assets.
The Asset Management group, which has been rated by Standard & Poor’s and Fitch, utilizes a time tested and proven team approach to management that leverages the expertise and experience of our dedicated in-house support staff. AURA’s asset managers provide clients with:
- Meticulous attention to detail, resulting in maximization of investment returns through value creation
- Hands-on management of properties, including:
- Selection and direction of third party property management and leasing personnel
- Developing operating and capital budgets
- Preparing and implementing capital improvement and replacement programs
- Designing tenant marketing packages for lease up, renewal or re-leasing to maximize the asset’s investment value
- Executing strategic asset management plans
- Analyzing property performance regularly
- Benchmarking performance and analysis against nationally recognized indexes such as NCREIF
- Implementing and supervising asset dispositions
- Experienced managers in AURA’s New York and Cedar Rapids locations
- Each manager has over 18 years of experience, on average
- Professional designations:
- CCIM
- LEED certification
- Advanced degrees in related disciplines
- Industry affiliations include:
- IREM
- CPM
- ULI
- The Membership Council of Shopping Centers
- Supplemental services offered by AURA
- State-of-the-art accounting and reporting
- Yardi accounting system for budgeting and financial analysis
- Lease analysis
- Proprietary market research
- Ad valorem tax review
- Property and liability insurance review and placement services
- Risk management
- Engineering expertise: structural, mechanical and environmental
- In-house counsel provides leasing and sales transaction support