REF Advisory, LLC (“REF”) was established in 1996. REF has carved out a niche, primarily in the sale-leaseback sector, that allows us to utilize our experience of accounting, corporate finance and real estate development and brokerage to provide in essence, a one stop shop for corporate real estate financial advisory services. This allows us to provide an extension of your in-house resources in completing sale-leaseback transactions as well as in providing other advisory services as summarized below.
Beginning in 1998 we have assisted many clients in acquiring section 1031 tax-free like kind exchange replacement property. Starting in 2009, REF has added a new division assisting corporate clients in evaluating and appealing real estate property tax assessments.
In total, we have closed in excess of $2,600,000,000 of transactions consisting primarily of single tenant net leased properties.
REF’s founder and President, Michael Katz (Principal), is located in our Glen Allen, VA headquarters; phone 804.934.9942 (Contact Us)
Corporate Services
REF Advisory, LLC (“REF”) was established in 1996, based upon the belief that real estate finance has, to a great extent, been overlooked in corporate America. This is based upon our experience with treasury departments, which are much more focused on public bond and merger and acquisition transactions, and real estate departments, which are trying to secure the best locations at the lowest prices, regardless of who holds title to the properties.
Now in our 16th year of operation, REF has established itself as a somewhat unique real estate financial advisor, having taken clients small and large through transactions aggregating in excess of $2,600,000,000. Our transactions have been as small as $2,000,000 for a single property transaction as large as $200,000,000 for a multi-state portfolio including 70 or more properties. (Transactions)
Services to Corporations and Individuals
In 1998, our practice expanded to include representing a specialized purchaser of real estate. With the substantial build-up of equity in real estate, many landlords have cashed in on their gains and recently become sellers of real estate. The logical follow-up for many sellers has been to look for Section 1031 tax-free like kind replacement property.
This is where our company enters the picture. We work closely with many groups who have recently acquired portfolios of free standing tenant facilities, who are looking to sell their holdings to 1031 buyers in particular. We have access to groups with desirable products, understand the 1031 buyer requirements and are best qualified to advise the purchaser of what needs to be done and how to get it done. (Services)