Asset Management
Why ViaWest?
Our combination of skills, values, team, and local knowledge have put us in a position to be a very effective asset manager, on a very select basis, for institutional and high net worth investors and owners of properties in the Metro Phoenix market. We have the capability to asset manage or develop across the spectrum of property types and land uses. While there are a lot of people who have, or claim to have, the skills, it is in the intangibles where we truly differentiate ourselves:
We place a very high value on our reputation and the relationships we have built
ViaWest asset manages real estate properties for our investors and clients across a broad range of property types, with a consistent approach of investment stewardship. ViaWest´s values long-term, repeat-business relationships, and we have worked very hard to build a respected reputation. We have a very select group of clients and investors, and we conduct our business with the goal of cultivating and growing these relationships over the course of many years. ViaWest takes a similar approach within the broader community. We take our fiduciary duties very seriously
As asset managers, ViaWest is highly disciplined and focused on our role as fiduciaries on behalf of ownership by providing the highest quality in asset value preservation and growth, cash management, objective performance analysis, reporting, and legal compliance.
Following are two representative asset management examples in which ViaWest manages clients´ properties in situations in which there is a true value-added component to the asset management process.
Client Examples
Condominium Conversions: ViaWest was responsible for the asset management of the Metro Phoenix properties for a national residential condominium conversion company. As part of a market-entry strategy into Phoenix, the client hired ViaWest properties to establish and oversee its operational presence in Phoenix. During the alliance, the client purchased over $250 million in property in Metropolitan Phoenix, encompassing approximately 2,000 apartment units for conversion to condominiums. ViaWest managed the entire process, including acquisition due diligence, city and state legal approvals, property renovation, vendor selection and management, HOA formation, contract closing functions and other asset management functions. ViaWest also worked closely with the third party sales companies to ensure effective communication among the various parties involved in the conversions.
Commercial Land Development: ViaWest is presently spearheading the development of 215 acres of office, retail, residential, and industrial property in Mesa, Arizona along the Santan Freeway, at Warner and Ellsworth Roads. ViaWest was selected by the landowners to work in joint venture to entitle and plan the property as a significant destination point in the Southeast Valley Submarket of Metropolitan Phoenix. The scope of work includes all aspects of entitlement, planning and marketing including, but not limited to, site planning, infrastructure planning, municipal negotiation, zoning, coordination and involvement in freeway design, condemnation, market analysis and monitoring, land sales and much more. ViaWest manages a team that includes zoning lawyers, land planners, architects, brokers, and civil engineers.