Acquisitions
Finance
Development
Design
Construction
Our acquisitions group is highly skilled at identifying underutilized real estate and maximizing its potential through ground-up development, redevelopment, asset repositioning, and creative financing. Our team of seasoned professionals possesses a thorough knowledge of current and emerging markets and can quickly evaluate, negotiate, and close on acquisition opportunities.
Extell has structured multiple transactions with both domestic and international capital partners and debt providers. Our strong network of relationships with banks and investors ensures access to the capital necessary to execute on any given investment strategy. These successful relationships are a testament to Extell’s status as a premier real estate developer.
Our development executives set the strategic plan and manage the projects from conception through completion while addressing the diverse interests and viewpoints of the many public and private stakeholders along the way. The final product is conceived, created, and delivered through their guidance, including design, construction, budget, marketing, and sales.
Our design team, in collaboration with world-renowned architects, interior designers, and artists, helps envision the architectural and interior concept for each development. The Extell team studies innovative designs and products from around the globe and incorporates them into our projects. Every detail is scrutinized, from the curtain wall design to floor plans and the luxurious interior finishes.
Extell’s construction department manages all construction activities from predevelopment to turnover. A designated construction executive supervises each project, and a full-time representative remains on-site to guarantee quality-assurance and control. This arrangement results in on-time and on-budget delivery.
Our internal team manages all sales and leasing efforts in our portfolio of luxury properties. Working closely with the development department and marketing team, our sales team is committed to achieving the maximum sales and leasing price in a competitive marketplace. One57 was the first project to be represented by Extell’s sales team and achieved a record-breaking sales success of the highest price ever paid for a single residence in New York City.
Our marketing team creates the vision and identity of each project. Through market research, our team identifies the target markets and establishes effective, integrated marketing initiatives. Working together with the development, design, and sales departments, the marketing department ensures each property is creatively positioned and branded to meet and exceed current market demands. Strategic marketing and promotional programs are devised in order to achieve maximum sales prices and velocity.
Extell has developed a sophisticated and intuitive management team to reinforce the commitment to maintain the quality of each development. Our management portfolio includes some of New York's most recognized high-end condominium, rental, and commercial addresses. Extell's management expertise and direct access to its development and construction teams allow it to provide the most comprehensive range of management services, whether operational, financial, or physical.
Extell's legal department effectively and comprehensively manages all residential condominium closings in-house. By overseeing this process internally, we ensure a professional, service-oriented environment, making a complex procedure virtually seamless. This proactive approach guarantees an efficient transaction between all parties.
Extell's accounting and financial services departments are responsible for establishing effective internal controls, working closely with every Extell department and ensuring that all transactions are accounted for in an accurate and timely manner. The department manages and coordinates high-level financial and tax reporting functions, as required by lenders and institutional partners, with complete transparency.
Sales + Leasing
Marketing
Management
Legal
Accounting