Phillips Development & Realty

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Getting Your Assets Back to PAR

Phillips Asset Recovery

Stalled construction projects and ineffective management have created heavy burdens for those in the business of asset investing. Through experienced, independent advice, Phillips Asset Recovery (PAR) provides timely, cost-eff ective solutions to regain balance: recovering properties to levels that not only preserve investments but allow them to appreciate.

A subsidiary of nationally regarded Phillips Development & Realty, LLC, PAR’s team has a solid reputation for judgment and 150+ years combined experience in asset management, construction management, rehabilitation, property management and property repositioning. It all starts with an analysis of your asset and leads to a comprehensive plan for success. PAR off ers full-service, in-house resources from construction and operations to market studies and collateral materials, which support the positioning of your asset.


PROPERTY MANAGEMENT

Phillips Asset Recovery

“Our mission is to satisfy our residents by providing excellent customer service while providing superior returns to our investors.”
Terry Callahan, VP of Property Management

  • 75+ years combined experience in property management and leasing
  • Management utilizing the “5 Ps”: People, Pricing, Product, Promotion and Performance
  • In-house auditing and budgeting
  • OneSite® Property Management Software
  • In-house marketing
  • Weekly reporting, including monthly financial reviews
  • Contract negotiated nationally to ensure best pricing and services

CONSTRUCTION & DEVELOPMENT MANAGEMENT

Phillips Asset Recovery

“We will surpass industry performance standards by being steadfast in our work, delivering superior quality and maintaining optimum cost control.”
Phil Baker, VP of Construction Services

  • Complete estimating/budgeting services
  • Full-service construction and project management
  • Capital assessment and repositioning
  • Project scheduling, planning and management
  • Design-build management and contracting
  • Florida Licensed, Class A general contractor - #1508393
  • Periodic project status reporting/draw certification
  • Broad experience in sectors including residential (multi/single family, condominiums), hospitality, commercial, retail, municipal, education, gaming, R & D, infrastructure, and high-rise

BROKERAGE/DISPOSITION/ACCOUNTING

Phillips Asset Recovery

“We have combined the best elements of innovative marketing with the traditions of relationship brokerage.”
Brad Minsley, Site Acquisition Manager/Partner

  • Ability to analyze project financials
  • Independent rental comp collection
  • Distressed property cash management
  • Forecast budgeting - due diligence
  • Monthly financial reporting & analysis
  • HUD 22164 financial reporting
  • Tax Bill - property tax administration
  • Timberline® Accounting Platform
  • Monthly budget comparisons
  • Insurance administration