Asset management differs from day-to-day management of property. Institutional investors, recognized that, while their organizations may have the best financial analysts in the world, they lacked the technical expertise to manage real estate. These investors realized that the most efficient way to manage their portfolio was to outsource the Asset Management function.
Whether the investor's goals are short-term asset appreciation, or long-term asset maintenance with the greatest cash flow, or you have troubled property, Langsam Property Services Corp. is uniquely equipped to ensure that the investor's goals are realized. Asset Management is a natural part of our overall management philosophies.
Langsam has managed for banks, Wall Street investment brokers, private investment groups, and receivers. It employs experts in several fields of compliance. Upper management personnel have worked at the various agencies with which we are required to interact. The President, Mark Engel, currently serves as Vice President of the Rent Stabilization Association (RSA), a trade association representing 25,000 property owners and greater than one million apartment units. The Director of Operations, Brian Lewis, was Senior Asset Manager for Donaldson Lufkin & Jenrette.
For the Langsam organization, there is no situation that is too complex to tackle. We thrive on resolving difficult problems. We have the track record to prove it.