Breakwater Advisors provides institutional quality advisory services for commercial real estate owners nationwide. With a specialty practice in real estate tax appeal, Breakwater seeks to maximize cash flow at the property level.
Consulting
As lenders look to strengthen their position with borrowers, and investors demand yield preservation, maximizing cash flow is critical in today’s market. Working with investors, sponsors, and lenders, Breakwater provides an array of services to meet the client’s needs. Whether in the form of a feasibility study, portfolio analysis, or strategic asset management planning, Breakwater is well equipped to provide simple solutions for complex problems. The principals leverage both institutional ownership and advisory experience to provide their clients with superior advisory services.
Tax Appeal
Property taxes are often the single largest operating expense to property owners. If a property is over-assessed, it can significantly drag on the property’s NOI. The process of mass appraisal, which assessors use to estimate assessment values, serves municipalities well; however they may not be relied upon for accurate market values at the property level. The inefficiencies of mass appraisal cost commercial property owners billions of dollars nationwide each year. Breakwater will challenge an unfair assessment and will litigiously pursue the challenge through the court system if necessary.
