How a VP Masters Portfolio Management with Crexi Auction
Category: Success Stories
Meet Kmeal Winters
As Vice President of Asset Management at STAG Industrial, Kmeal Winters is responsible for developing and executing property-level strategies to enhance and protect asset value for a net lease investment portfolio of retail, industrial, and office assets.
Drawing on her 25+ years of asset management experience in commercial real estate, Ms. Winters handles all sourcing and negotiating acquisitions with existing tenants, assisting the acquisitions team on third-party transactions. She is also responsible for leasing, workout agreements, and dispositions. During her career, Ms. Winters has managed over $700M in portfolios, generated $600M+ in revenue, and executed over 3M square feet of office leases.
Painting the Scene
During the pandemic, Ms. Winters had to make some strategic portfolio decisions on behalf of her investors, so she could efficiently manage the disposition of properties amid lockdown. A colleague introduced her to Crexi Auction in early 2021, and – curious about making the disposition of assets in her portfolio more efficient and data-driven – she decided to try out the platform.
“When comparing [Crexi Auction] with other options, it was a no-brainer. The team has perfected this process, and everyone does a tremendous job – I always rely on their expertise!”
Throughout a multi-year partnership with Crexi Auction, Ms. Winters and her team have enjoyed:
White Glove Expertise:
The bidding process is an art, not a science: the Crexi Auction team worked closely with Ms. Winters to evaluate dispositions, gauge market fluctuations, and determine how to position each property most advantageously, to secure the highest possible ROI.
Trackable Marketing Performance:
From listing to the bidding event, Crexi Auction’s machine-learning-powered marketing and precision buyer targeting helped Ms. Winters’ assets reach the widest net of viable bidders. Crexi’s tech-powered agility and clear reporting dashboard allowed her team to review market traction and adapt based on learnings.
Data-Driven Actions:
Crexi Auction draws on detailed insights from over 153M property records, demographic data, market trends, and a team with decades of CRE experience. From using data to inform bid increment adjustments to fine-tuning investors’ actions to create a bidding war, Crexi provides real numbers to calibrate the auction process and yield the best possible outcomes.
In 20 months of working with Crexi Auction, Ms. Winters and her team have accomplished:
“It’s not just an auction platform. Crexi provides market knowledge, a database of buyer interest and behavior, and access to a nationwide pool of potential buyers. When Crexi makes a recommendation, I know there’s solid strategic reasoning behind it.”
Ready to explore auctions? Get in touch with the Crexi Auction team today.
