Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LAS VEGAS-Gatski Commercial Real Estate Services, which manages 6 million sf of real estate for investors on a fee basis, is launching a new division that will better assist clients’ in maximizing the return on their real estate assets. The service, provided free to its clients, will include yield analysis that takes into account financing, capital improvements and cost segregation, and a determination as to when would be optimum disposition window. Spearheading the new division as a managing director is Robert L. Moore, a former principal with Burnham Real Estate, which became a subsidiary of Cushman & Wakefield at the start of the year.

“I’ve known Frank for 20 years; I’ve watched his company grow,” Moore tells GlobeSt.com. “He saw a void there in the services he could offer and wanted to take it to the next level. It fell together quickly. It’s an opportunity I would have been crazy to pass up.”

Moore tells GlobeSt.com he was nine months into the formation of an asset management group at C&W’s Las Vegas office – working with banks on their REO or potential REO properties, analyzing what they could expect to get putting them on the market, and providing expert witness testimony – when Gatski approached him about expanding the service offerings at his firm.

“What we are really want to do is sit down with individual owners and assess the building they have as an investment and really figure out why they have it–for their children’s college, for their future inheritance, retirement,” he says. “Many times the small investor doesn’t really have an answer, it’s just their investment. We will help them put together an exit strategy so that they can get out of the investment at the right time because many people miss that window, and in some cases the results are devastating.”

Gatski says his personal goal in launching the new division is to bring forward the knowledge and experience that can help clients solve complex issues. “Rob adds a tremendous amount of depth to the brokerage side of our company,” he says. “We are providing a higher level of advice and counsel for our clients than ever before.”

Moore says he’s on salary and the service will not cost the client a dime. Of course, he says he stands to make a commission if he ultimately participates as the broker in any eventual transactions. “That transaction could be a 1031 exchange into a less speculative commercial real estate investment or, depending on the investors’ goals, I might advise them they ought to be in treasuries, not real estate,” Moore says. “I’d have no problem doing that.”

The plan is to be proactive in providing the service to clients. “We want to keep our head down through 2009,” he says. “We are looking at the performance of each of our existing clients’ buildings in order to suggest economic enhancements and help them plan their future during the difficult economic times this market is going through.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.