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Asset Management

Office/Retail/Residential

As mixed-use buildings increase in favor due to their ability to enliven neighborhoods and leave a smaller footprint, Stetson creates custom networks of trusted partners to service the varied needs of each building. Open and responsive lines of communication with occupants and building owners is the first step in surpassing expectations for all. LEAN initiatives can result in shared and lowered costs.

Medical Office Buildings

Management of medical office condominium buildings is a niche market. Although a medical office condominium building is built in the same way as a commercial office building, the financial capital structure dictates that the operating philosophy is completely different. Stetson’s success record for managing medical office buildings is based on its advanced knowledge of the needs of this type of ownership structure.

Non-Profits

Stetson manages non-profit buildings day-to-day operations so that they operate at optimal efficiency while also monitoring for non-profit compliance. Stetson acts as the first point of contact for vendors, provides the day-to-day guidance and support to meet customer operational needs, and keeps systems operating efficiently.

Operations Management

LEAN and Sustainable Practices

Applying LEAN thinking to space design improves operating efficiency, creates available expansion space and elevates employee morale. By leveraging people, processes and systems, the company supports problem solving that scrutinizes the day-to-day operations and applications to eliminate waste. This can substantially reduce normal practice operating costs.

Stetson embraces technology to control costs, manage building maintenance, and account for any demand for maintenance or service anywhere in the building. These are not cost cutting practices that skimp on proper maintenance of the equipment.

The rationale is clear for a corporate commitment to cultivate imagination and innovation, while integrating lean thinking and sustainable practices in the real estate investment operating value stream.

For every $10,000 operating cost reduction, asset value increases approximately $140,000 when capped at 7%.

Stetson applies LEAN capabilities to the full spectrum of real estate management practices, including:

  • Asset management
  • Operations management
  • Construction
  • Financing
  • Leasing
  • Marketing
  • Financial modeling
  • Concept development

Construction Management

With extensive Class ‘A’ office and special project construction management experience, Stetson possesses the expertise to direct the full cycle of suite build-out as well as project construction – from idea inception to occupancy – striking the correct balance of quality and cost according to the Asset Management Plan.

Account services

Bulk Purchases

Stetson leverages its buying power from its entire customer base to earn reduced bulk rates on building services such as; gas, electricity, insurance, paper goods, and cleaning services to name a few.

Cost Segregation

Stetson tracks development costs in detail to maximize depreciation and/or amortization over the shortest timeframe for tax recovery.

Account services

Bulk Purchases

Stetson leverages its buying power from its entire customer base to earn reduced bulk rates on building services such as; gas, electricity, insurance, paper goods, and cleaning services to name a few.

Cost Segregation

Stetson tracks development costs in detail to maximize depreciation and/or amortization over the shortest timeframe for tax recovery.

Stetson Management & Development LLC
875 Main Street, 2nd Floor
Cambridge, MA 02139
617 252 7400
Info@StetsonManagement.com