Bresler & Reiner, Inc.
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Overview

Our Properties

Acquisition Strategy

Overview
Bresler & Reiner, Inc.
(B&R) is an owner and a developer of real estate that operates in the following segments of the industry:

  • Commercial Property Ownership
  • Residential Property Ownership
  • Hospitality Property Ownership
  • Developed and Undeveloped Land
  • Commercial and Residential Condominiums
  • Development of Rental Properties

B&R has been publicly traded since 1971. (BRER.PK)

Our Properties
We own or have ownership interests in the following real estate assets:

Commercial Properties
Number of Office / Warehouse Buildings: ..................................47
Total Square Feet: .......................................................3,790,000
Metropolitan Area Locations: ................................Washington, DC
Wilmington, DE
Philadelphia, PA
Houston, TX
 
 
Residential Properties
Number of Properties: ..............................................................5
Number of Units: ...............................................................1,550
Metropolitan Area Locations: .......................................Orlando, FL
Tampa, FL
Philadelphia, PA
 
 
Hospitality Properties
Number of Properties: ..............................................................1
Number of Rooms: ...............................................................151
Metropolitan Area Location: ................................Washington, DC
 
 
Development Properties
Residential Condominiums: .............................................66 units
Residential Lots: .............................................................815 lots
Commercial Office Buildings: .................................2,166,000 sq ft
Commercial Office Condominiums: .............................37,310 sq ft
Metropolitan Area Locations: ................................Washington, DC
Maryland & Delaware Eastern Shore
Philadelphia, PA
Baltimore, MD

Acquisition Strategy

Target Properties

We target properties that have several of the following characteristics:

  • Desirable location with strong economic and demographic conditions.
  • Stable cash flows.
  • Potential for capital appreciation through better management and leasing.
  • Existing rents that are below market.

Perform Due Diligence

We perform extensive due diligence including a thorough review and analysis of the following:

  • Terms of tenant leases.
  • Current expense structure.
  • Age, construction quality and design of property.
  • Property condition, environmental and ADA compliance reports.
  • Projected cash flows.

Employ Prudent Financing

We employ the following financing strategy to maximize our return on invested equity:

  • Use strong liquidity position to effectively compete on acquisitions.
  • Obtain mortgage debt on favorable terms.
  • Refinance existing debt to increase leverage and obtain more favorable financing.
  • Where necessary, provide loan guarantees or master lease agreements to improve loan terms and amount of financing.

Engage Third Party Property Managers and Leasing Agents

We form collaborative relationships with property managers and leasing agents that have a local presence which provide the following benefits:

  • In-depth local market expertise.
  • On-site property presence to address maintenance issues and tenant concerns in a timely manner.
  • Relationships with cost effective vendors.

Asset Management Oversight

We perform intensive asset management oversight that includes:

  • Regular on-site visits and meetings.
  • Identification of revenue generation and expense reduction opportunities.
  • Establishment and testing of accounting and reporting internal controls.
  • Review of annual budgets and monthly operating statements.