David A. Vasile, Inc.

Latest News

05/14/08
David A. Vasile, Inc. is now managing several properties in the City of Rochester for Besyata Batavia LLC.

05/5/08
We now have a wide selection of apartments ready for occupancy in Rochester, Dansville, Hornell and Elmira.

David A. Vasile, Inc. does more than collect rent. Our asset management program optimizes profits without sacrificing property condition or appearance. We implement multimedia advertising to assure maximum exposure for your property - including: signage, brochures, targeted mailings, prospecting and constant broker networking to establish your property in the market.

Our primary professional concern is the long term enhancement of the asset value of your real estate investment. As asset managers we implement short and long term strategies for value preservation and value enhancement of your property. Our goal is to maximize an asset's value through a daily hands-on personal approach. Under our asset management of your property, we would prepare the following schedules:

A detailed economic analysis of the present value of your property

A complete abstract of all tenant leases

A review of all past operating expenses

A review of all capital expenses

A square foot analysis

A market rate analysis

A ten-year discounted cash flow analysis

The following would also be
reviewed with you:

-short and long term objectives for the property

-owner's accounting procedures

-reporting format for the owner's needs

-marketing program

-an operating budget

Successful real estate investment today is about long term commitment and properly managed assets that increase in value. Our service to your tenants is what distinguishes us from our competition. The key to successful properties is successful tenants. Tenants need to know that you care about them. If they do, they will stay.

Strategic financial planning
Acquisition analysis
Capitalization of underutilized assets
Mortgage financing - construction (interim, and permanent)
Facilities management
Sale/Leaseback evaluations

Aggressive property management is the most important factor in the success of any real estate investment. David A. Vasile, Inc. provides a full service management program that maximizes the cash flow from your properties. We are committed to providing you with a program of services that fits your specific needs.

We handle commercial, residential and industrial properties. Please review our management portfolio for examples of our diverse management capabilities.

We can provide you and your property/organization with:

Comprehensive plans and budgets
Tenant management
Strict financial controls and computerized accounting
Preventive maintenance and energy conservation
Distressed property workouts

Rochester, NY is located in the western region of Upstate New York on the southern shore of Lake Ontario. With a market area of just over 1 million people, Rochester is the third largest city in New York. Long considered to possess one of the most stable economies in the Northeast, Rochester has historically been known of its' "Big Three" corporate leaders: Kodak, Xerox and Bausch & Lomb. In recent years, the local economy has diversified significantly as the community is identified as a national leader in the emerging industries of photonics, biotechnology, telecommunications and precision manufacturing. Consistently a manufacturing and exporting powerhouse, Rochester is among the top ten exporting cities in the country and #1 per capita. Combined with an outstanding quality of life that has received national recognition, Rochester continues to quietly be one of the finest cities in the Northeast.