WHO WE ARE
Sterling Management, LLC provides high-end comprehensive services, including asset management, accounting, marketing, investor relations and financial analysis. In addition, we provide transactional services, including the acquisition, disposition, investment, financing, ownership, and management of multifamily and commercial real estate properties.
SERVICES OUR TEAM PROVIDES
Asset Management
Our asset management team creates and executes property level strategy. They hire and oversee third party property managers, leasing agents and contractors. In addition, the team oversees capital improvements through internal and external vendors ensuring each asset’s long-term financial performance.
Accounting
Our accounting team ensures each REIT is compliant with SEC regulations, while also managing financial reporting, tax returns and budgets.
Investor Relations
Our investor relations team is responsible for managing our transfer agent relationship and communicating between corporate management and our investors. They are responsible for releasing timely information and handling all investor inquiries and transactions.
Financial Analysis
Our financial analysts provide the information to make informed decisions. They review market data and review portfolio and property performance through industry leading technology.
Capital Management
Our capital management team works diligently to maintain an appropriate balance of debt and equity while ensuring a low cost of capital. The group also manages key relationships with our financial institution partners across all of our markets.
Real Estate Acquisitions
Our acquisitions team works diligently to find and assess properties to buy and sell. They negotiate deal terms, complete proper due diligence and manage relationships.
WHAT IS A REIT?
An REIT is a company that primarily owns and sometimes operates income-producing real estate, such as apartments, offices, or industrial properties. The U.S. Congress created REITs in 1960 to make large real estate investments accessible to average investors.
To qualify as an REIT, a company must accumulate most of its income from real estate investments. It must also distribute at least 90% of its income to its shareholders per year. As a result, REITs often have higher dividend yields than many dividend-paying stocks and U.S. Government bonds.
REITs allow multiple individual investors to pool their money and purchase real estate they might not otherwise be able to purchase as individuals. REITs offer individual investors the distinct advantages of portfolio diversification, high dividends, and long-term performance.
There are private REITs and public REITs. Private REITs are not regulated and are not required to file with the SEC. As a result, there is very little public information available about their structure or holdings; however, public REITs are required to make regular financial disclosures to the SEC and investment industry, including annual audited financials.
