Alter Management Gaining Independence

CHICAGO—As part of a new national strategy and reorganization of the Alter Group, Alter Asset Management, an affiliate of the company, will become an independent firm, according to its president, Samuel F. Gould. The suburban Chicago-based AAM was founded in 1971 as an in-house division of Alter and also has regional offices in Phoenix and Atlanta.

AAM will provide service to third party clients as it has for the past fifteen years, he added, targeting building owners and assets that fall outside the scope of national firms and cater to boutique owners and ownership groups seeking personalized services. “Our specialty is the core and value-add properties that need dedicated “high touch” service and the significant expertise in value creation that only someone with an owner’s perspective can provide.”