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| FSC Realty, LLC, a privately owned limited liability company, is an operating partner/owner of apartments, shopping centers, and office buildings. Guided by Stanley R. Fimberg and his partner, Albert A. Baril, there is over 50 years of experience in the acquisition, ownership, management, financing, and disposition of all of the above property types. |
| In recent years, FSC has been involved in the acquisition, substantial renovation and repositioning of apartment properties, and some development. Despite its size, the company and its predecessors have been involved in the ownership and management of over 42,000 apartment units and 5,800,000 square feet of commercial properties. Because there are only two principals involved, FSC is able to react quickly to opportunities presented to it, including the ability to deal efficiently with the acquisition, due diligence, ownership, and operating cycles of properties, as well as the disposition of properties. This operating style has attracted both individual and institutional investors over the years who have valued the professional manner in which FSC Realty approaches the process of owning, managing and disposing of investments |
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Reaching into Diverse Markets
FSC Realty has been able to do three billion dollars of business without increasing its size and adding layers of bureaucracy through the ability to creatively source properties, to astutely make decisions, and to quickly take action. In addition to managing its current real estate portfolio, FSC is now actively involved in an acquisition program with capital provided by both high net worth individuals and institutional partners. |
Unique Acquisition Modes
The principals strongly believe their acquisition style creates real value for the investors it represents. Through its established relations with owners and brokers, FSC can access investment opportunities to allow maximum profitability. Even in this competitive economy where investors such as FSC are competing with real estate investment trusts and other institutional investors, FSC prides itself on its ability to locate unique investment opportunities for its investors. |
Sound Management
The ongoing operating and management of multi-family and commercial properties is crucial to ultimate success of its investment. FSC Realty believes that effective asset and property management is the greatest value it can offer to its investors. Through its affiliated management companies, FSC Realty offers the highest quality of property management. |
Access to Advanced and Innovative Forms of Financing
FSC is currently working to create the most profitable capital structures to realize optimum yields through the placement of senior debt, mezzanine debt, and equity. By constantly dealing with the financial marketplace, FSC is aware of the most up-to-date and financially beneficial forms of financing. The company is constantly on the frontier of the newest financing techniques that will result in the highest yields to its investors, In order to create these yields to investors, FSC balances debt and equity requirements to insure optimal yield while protecting capital. In the last seven years, FSC has financed in excess of $600,000,000. FSC has financing relationships with the following lenders: (i) FNMA, FHMC, HUD, (ii) bank financing with California Federal Bank, Citibank, Guaranty Federal Bank, Key Bank, and Residential Funding Corporation, and (iii) securitized lenders including Archon Financial, Lehman Brothers, GMAC, Wachovia, and Holiday Mortgage Corporation. |
Maximum Profit Upon Disposition
As in every asset class, there is a time to be a buyer and a time to be a seller. FSC's consistent review of operating facts and figures and its awareness of buying and selling trends in the marketplace keep it appraised as to when it is the best time to dispose of a property to create the highest yield for FSC's investors. FSC has a proven track record of executing such sales. The principals of FSC Realty have successfully disposed of over one billion dollars of assets. |
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