The key departments within AREG are:
Fund Management Department
Fund Management Department
AREG's Fund Management Department has the overall responsibility to provide institutions with customized investment opportunities in real estate funds. In this regard, it must (1) maintain relationships with global investors to understand their targets and goals, which in turn enables the development of funds that appeal to the marketplace, and (2) perform independent research to identify advantageous investment situations. Once the fund opportunity is established, the Department undertakes its structuring and marketing. Following a successful launch, the goal transforms into portfolio management, to successfully oversee the execution of the inherent strategies in order to enhance the prospects of producing the expected outcome for the investors.
Research Group
The gathering of intelligence to support all of AREG's activities is the goal of its Research team, along with the prompt dissemination of such information throughout AREG. A thorough understanding of national trends and capital markets is combined with attention to detail regarding the USA's various real estate markets (office, residential, warehouse, and retail). The department maintains a proprietary database (including information about rental levels and sales transactions) and, utilizing such information, publishes its insights twice a year as a "Review" and periodically makes presentations at meetings of investors and conferences. The importance of research to AREG is evident from the fact that the leader of the group is a member of the Investment Committee.
Investor Relations
Investor relations is a major focus of AREG. The multi-lingual IR Group provides all relevant information to current, past, and potential new investors in AREG's products, promoting the highest level of transparency. Its weekly newsletter transmits to readers news about the USA's real estate trends, transactions, and markets. In addition, the group has the overall responsibility with respect to preparing private placement offerings for AREG's commingled Funds and assisting investors in learning about the products and becoming participants.
Acquisition Department
AREG's Acquisitions Department takes full advantage of the Company's vast network of relationships to source and act upon real estate opportunities that are otherwise unknown and unavailable to the general marketplace. Understanding the importance of the acquisition process to the success of any investment, the department develops a business plan for each potential purchase with an eye toward maximizing returns and liquidity and works in concert with AREG's other disciplines to best negotiate the transaction and its related financing. A comprehensive due diligence process is designed to thoroughly understand the condition of a property and its entitlements, as well as the macro and micro real estate market environment in which it is operated.
Asset Management Department
Asset Management Department
Value-added asset management services are provided to all investments by the Asset Management Department. In performing such activities as developing leasing strategies and operating expense cost reduction plans, as well as preparing hold vs. sell analyses, the department's professionals follow procedures that emphasize regular and frequent management reporting to make certain that all information and feedback necessary to manage the assets with maximum efficiency are available to the entire team on a timely basis. Such comprehensive reporting ensures that asset managers remain accountable for investment performance and enables them to interface with top management and the Research Group before making major decisions.
Financial Control Department
Prompt and efficient reporting is necessary to provide AREG's team with the tools to succeed in their endeavors, and that is the responsibility of the Financial Control Department. Its members understand that their most important responsibility is full disclosure, which must be provided thoroughly and promptly. In addition to reporting, the department deals with such matters as settling accounts, tax issues, audit correspondence, and management of the existing Funds and their SPCs.
AAF REAL ESTATE GROUP Org
