Thursday, August 6, 2009
NRC Realty Advisors Changes Name to NRC Realty & Capital Advisors
Source: NPN - Petroleum and Convenience
To highlight its growth in financial advisory services 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," says 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," says Ruben.
NRC Realty & Capital Advisors offers an array of real estate and financial advisory services. NRC's experience includes multi-site and portfolio divestiture, portfolio evaluation and analysis; refinancing, recapitalization and sale-leaseback financing options; and merger and acquisition advisory services. It has regularly been retained by major petroleum companies, multi-unit owners and operators, jobbers and franchisees to consult with and assist in the evaluation of real estate portfolios or proposed acquisitions. In addition, NRC has helped its clients obtain over $200 million in commitments for sale-leaseback financing. Among its clients are 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).
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