Tuesday, August 4, 2009
NRC's Name Game
New moniker underscores "total array of real-estate services"
Source: CSP Daily News
CHICAGO – In response to its increasingly important role in the financial-advisory arena since 2004, NRC Realty Advisors LLC, a Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sales, has changed its name to NRC Realty & Capital Advisors LLC.
The name change reflects the firm's commitment to provide a total array of real-estate services to its clients.
"For more than 20 years, we have set the national standard in executing structured sales," said Dennis Ruben, managing director. "Building on that success and responding to the needs of our clients, we've evolved over the past five years into a fully integrated real-estate and financial-advisory services company. This broad service allows us to extract optimum value from each engagement, positioning our clients' operations for maximum and continued growth.
"Our new name is a reflection of that growth, befitting our excellent reputation and reflective of our past, present and future accomplishments," said Ruben.
NRC Realty & Capital Advisors offers cradle-to-grave services, providing a full array of real-estate and financial-advisory services. NRC's breadth of experience includes multi-site and portfolio divestiture; portfolio evaluation and analysis; refinancing, recapitalization and sale-leaseback financing options; and merger and acquisition advisory services.
The company's advisors have regularly been retained by major petroleum companies, multi-unit owners and operators, jobbers and franchisees to consult with and assist them in the evaluation of their existing real-estate portfolios or proposed acquisitions. In addition, NRC has helped its clients obtain more than $200 million in commitments for sale-leaseback financing.
Clients include globally recognized companies in a variety of industries, including petroleum, (BP, Shell and Sunoco), convenience stores (White Hen Pantry and Circle K), financial institutions (GE Capital, Fifth Third and Bank of America) and retail (Kmart).
© CSP Information Group, Inc. 2009