4B — June 23 - July 13, 2017 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


O wners , D evelopers & M anagers

Company completes another successful transition of 130 unit apartments on the Gold Coast Cervelli Real Estate & Property Management launches rebranding

he Cervelli Real Estate & Property Manage- ment team is pleased to announce the rebrand ing of our com- pany, which h a s b e e n designed to re f l ec t our growth and our full array o f r ea l es - tate, property management and consulting services. Cervelli has been providing professional real estate services T Chris Cervelli, Principal

since 1983 and continues to do so with our award-winning sales team serving private investors, hedge funds, finan- cial institutions and govern- ment agencies. Our brokerage services include nationwide investment sales, commercial leasing, distressed notes and asset repositioning, develop- ment properties and site se- lection. We also proudly hold the elite Certified Commercial Investment Member (CCIM) designation, which only 4% of commercial real estate profes- sionals hold. Our property management division provides professional services to homeowners and condominium associations, cooperatives, apartment com- plexes, office buildings, strip malls and industrial buildings. We are proud to be an Accred- ited Management Organiza- tion (AMO) with a property management team made up of Certified Property Managers (CPM) who also hold Certi- fied Professional of Occupancy (CPO) and Certified Apart- ment Manager (CAM) desig- nations. Our team currently manages over 4,000 units and approximately 1,000,000 s/f of commercial space throughout New Jersey, New York and Pennsylvania. Our growing asset portfolio allows us to take advantage of economies of scale and pass the cost savings on to our clients. As part of our consulting services, we perform property evaluations and provide expert testimony, as well as working with syndications and those in receivership. We specialize in multi-family, commercial and subsidized housing. In other news, Cervelli Real Estate & Property Manage- ment is pleased to announce another successful transition of 130 unit apartments on the gold coast. The underperform- ing properties were family owned and managed for de- cades by one of the heirs. We performed a comprehensive inspection and created a plan to address revenue loss, bloated expenses and abatement of an unmanageable, long list of code violations. In less than 18 months expenses are under control, properties are generat- ing a positive income and code violations have been addressed. Call us to find out how our decades of experience can be of significant value to the suc- cess of your portfolio. 201-868- 6300. n

Union City

West New York

Cliffside Park

Real Estate: Whether you are buying or selling, our collective experience in both the residential & commercial real estate market will be your best asset in making a smart & economic choice .

Property Management : We provide hands-on, personalized service with our clients’ goals in mind. We handle all aspects of your property from maintenance to financials.

Full Service Real Estate Property Management & Consulting

Consulting: We have been providing expert advice since 1983 on a number of matters related to the real estate and property management industries.

201.868.6300 Cervelli Real Estate & Property Management Licensed Real Estate Broker

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