Introduction
BET Investments and its related companies encompass mid-rise office buildings, office parks, retail complexes, flex office/industrial space and apartments throughout the Mid-Atlantic region. These have grown to more than 2 million square feet.
Integral to BET Investments' success is the "hands-on" involvement of principals Bruce E. Toll and Michael P. Markman and a core group of professionals with complementary skills in real estate acquisition and development, property management, finance and law. Designed for maximum synergy, our flexible team structure fosters the dynamic interaction of a creative pool of experts. In-house legal and accounting professionals also help streamline decision-making by evaluating the financial
considerations of each transaction, an advantage that permits us to close deals with a minimal turn around time and expense.
BET Investments' spectrum of real estate expertise includes land development, management, leasing/legal and joint ventures. With a reputation for excellence and a financial ability to make quick decisions in an ever-expanding geographic area, we welcome opportunities to bring expertise and value to the challenges of real estate development.
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"BET Investments believes that flexibility and responsiveness to our tenants' needs are the keys to creating excellent real estate opportunities."
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Development - Harnessing Opportunities for the Future
Responding to the challenges of a constantly evolving real estate market requires understanding and anticipating the forces that shape developments - not just today, but ten years down the road. As a result, we evaluate new developments for their potential to create long-term value as well as generate an immediate return on investment.
Actively involved at every step of the process, our development team builds value through zoning, financing, design, construction, leasing, and management. Since every undertaking is unique, we apply no standard development formula. We tailor our approach to the project, creatively working with financial institutions, sellers, consultants, and tenants to structure and implement deals that work.
Revitalization - Innovation & Creativity
During volatile real estate markets, new construction wanes but opportunities abound for converting existing inventory into value-enhanced, Incomee-producing assets. Where others see obstacles, we envision promising possibilities through repositioning and rehabilitating under-performing assets.
In addition to our new acquisitions, BET Investments successfully revitalizes properties. We have transformed outmoded properties into contemporary environments through cosmetic improvements and structural renovations.
Leasing/Marketing/Legal - A Continued Commitment
Until the lease is signed, commercial properties are not living up to their potential. Nothing serves as a more accurate barometer of property value than leasing rates. Our emphasis on marketing quality properties to the right tenants pays off in consistently high occupancy levels, with long-term leases that benefit both parties.
BET Investments' leasing services are streamlined by our in-house leasing department and the preparation of lease documents by an in-house legal team of attorneys who draft and negotiate custom documents, often within 24 hours. The legal department also handles contracts of purchase for new acquisitions, and offers legal advice to commercial property management personnel.
Management - Responsibility
Reliability and attention to detail underpin successful property management. Our success in property management has convinced us that the ideal manager is an owner with a stake in the results. Currently, we manage only properties that we own.
As owners, we work hard to protect and enhance the physical condition as well as long-term productivity of our assets. We are aggressive about upkeep and preventive maintenance, anticipating and performing repairs before they arise. Professional property managers supervise staff responsible for day-to-day operations. Accountability and quality service foster satisfied tenant relationships, contributing to high renewal rates and property profitability.
Land Development - Knowing the Process From the Ground Up
Converting raw land into a productive source of revenue is a real estate firm's ultimate challenge. We acquire land to develop properties ranging from office buildings to shopping centers, guiding the process from infrastructure improvements and zoning approvals through design, construction and leasing.
Our inventory includes tracts in Pennsylvania, New Jersey, Maryland, and Virginia with high potential for future development.
