"The National Asset Services (NAS) team, under the aegis of its President, Karen Kennedy, excels in the field of superb real estate management. Collectively, they bring highly skilled technical knowledge and experience in the areas of management, building construction, creative negotiating of challenging leases, refinancing and/or sales of commercial real estate.
Most importantly, they have garnered a national reputation as the most competent and trusted name in the industry with real estate brokers, mortgagors, site specific property managers and investors.
NAS took over the management of 300 Four Falls at a time when it was in serious trouble, having been grossly mismanaged for several years of unacceptable vacancy, maintenance problems, deteriorating relationships with the tenants, and with poor communication with the investors. NAS dramatically provided the reverse with refreshing transparency to our Steering Committee and all investors. It culminated with the recent, successful sale of this A+ property.
We feel honored and well qualified to recommend NAS, as our entire personal professional career has been in real estate development, investment, and the management of our own properties."
Judith & Michael Margulies, Purchase, NY, Investors - 300 Four Falls
"Our family began its relationship with NAS in 2009, a time of great turmoil in the real estate market. Having entrusted a substantial portion of our investment portfolio to NAS, we have benefited greatly from the wisdom, experience and integrity of Karen Kennedy and her staff of highly motivated and dedicated professionals. As we continue to witness the restoration of equity to our investments, we have appreciated how NAS places its clients' interests above all other considerations with a level of clarity and transparency that constantly reinforces our confidence in their organization."
Howard Simon, Encino, CA, Investor - Multiple Properties
"300 Four Falls is a $100 MM plus asset located in Conshohocken, PA. The asset was sound, but poorly managed. Ownership chose NAS to take over in hopes of a dramatic, positive change, both for Owners’ sake and for the sake of the asset itself. NAS exceeded my expectations!
Ownership saw a complete change from reactive management to proactive management. Within two weeks of taking over, NAS was on top of the issues at the property, everything from deferred maintenance, capital improvement, leases, tenant relations and LENDER RELATIONS. It was refreshing to have ideas and suggestions coming from the manager (now NAS) on how to start addressing the various issues we were facing at the property, instead of ownership having to bring issues to the attention of management (prior manager).
Being a member of the Steering Committee, I was able to see the NAS philosophy in action and up close. Karen Kennedy, Carol Scott, Adi Peery and the whole NAS team quickly earned the confidence of the Committee. They listened to our input, concerns, objectives and ideas. NAS reciprocated with suggestions of solutions they had seen work, best practices and sound advice. They did not stop there; they fielded ideas, thought outside the box and researched various alternatives, even unconventional hybrid solutions. Consequently, the Committee conference calls with NAS were always productive.
300 Four Falls faced unique challenges. NAS always dealt with each of these issues in a professional, prompt and productive manner.
Karen, Carol, Adi, not only earned the Owners trust as an authority in this industry, but they KEPT that trust!"
My only regret is that we did not hire them sooner.
John C. Moffat, Holladay, UT, Investor - 300 Four Falls
"I've been dealing with Karen Kennedy and her company for approximately seven years. She manages my properties and I really cannot say enough about the job that Karen and her staff do. The economy has been good and the economy has been bad. And she's been there for us, to guide us through the bad times as well as the good times."
Harry Smith, Belmont, CA, Investor - Apache Station