JOSEPH A. SAUSTO
CORPORATE ADVISORY SERVICES
Platform Realty Group
14 Corporate Woods Blvd.
Albany, NY 12211
Phone: 518.465.1400, ext. 216
Fax: 518.465.1441
Email: jsausto@platformrg.com
MARKET SPECIALIZATION:
Tenant Representation
Sale-Leasebacks
Investment Property Analysis
Land Use Planning
1031 Tax Deferred Exchanges
CLIENTS SERVED
Harvey’s Casinos
Pfizer Inc.
Sealy Mattress
Columbia Development
Hunter Mountain
Activision
Traditional Builders Ltd.
O’Connell & Aronowitz
PROFESSIONAL EXPERIENCE:
Joseph A. Sausto is an attorney and commercial real estate broker with Platform Realty Group specializing in corporate advisory services and all aspects of commercial real estate.
Corporate advisory services include the structuring of sale-leaseback transactions, operating expense lease audits, section 467 lease analysis, lease acquisition cost tax planning, tax certiorari, strategic planning and assisting property owners maximize the return on their real estate assets.
Joe has become known for achieving value for parties to a transactions through innovative planning including structuring charitable remainder trusts, bargain and sale transactions, lease restructuring, cost segregation analysis, utilization of various tax credit programs as well as economic incentive and development programs. Joe has become a leader in the 1031 tax deferred exchange market. Joe is also a principal in Expert Exchangers, a company specializing in advising 1031 purchasers and providing inventory for the 1031 market.
Joe has an extensive backround in Land Use Planning and has assisted and partnered with developers on municipal approvals for over 1,000 residentail units and hundreds of thousands of square feet of commercial space, achieving zoning changes, writing Environmental Impact Statements, analyzing investor vs. dealer capital gain issues, securing sewer and water extensions, conducting land swaps and environmental remidiation projects.
General commercial real estate services include tenant representation. Try our proactive method for working for tenants and other property users to identify facilities/property to enable clients to best meet their business plan objectives including the preparation of complete financial analysis of the implications of leasing, buying or building to suit. In addition, Joe is very active in the Hospitality market. He offers comprehensive and specialized consulting services in this unique real estate/operating business area. Services include market and financial feasibility studies and strategic planning analysis with a goal of maximizing market and financial performance. This diverse background provides Joe with the necessary credentials and experience to handle a wide variety of commercial real estate assignments and investment transactions.
REPRESENTATIVE TRANSACTIONAL EXPERIENCE:
Company, Location, Date Closed |
Land/Size |
Type Transaction |
|---|---|---|
Harvey’s Casino, Lake Tahoe, NV (April 1998) |
33 Acres |
(Option) |
| Company, Location, Date Closed |
Sale /Size |
Type Transaction |
Fairground Village Apartments (May, 2002) Brigham Road & Campus Edge Apartments 800 North Pearl Street (Aug. 2007) |
60 unit complex 146 Apartments 275,00 sq.ft. Office |
(Purchase – 1031 Exchange) (Investment Property Sale) (Sale & Advisory) |
Company, Location, Date Closed |
Hotel /Size |
Type Transaction |
Pleasant Acres Resort (November, 2001) |
160 rooms full service |
( Sale - 1031 Exchange) |
| Company, Location, Date Closed |
Lease Size |
Type Transaction |
| Vicarious Visions (April, 2005) |
37,000 sq. ft. |
(Tenant Rep.) |
EDUCATION:
B.S. Boston College, Chestnut Hill, MA
J.D. New York Law School, New York, NY
PROFESSIONAL ORGANIZATIONS:
Member of the Bar in New York and Connecticut
Commercial Industrial Real Estate Board (CIREB)
Federation of Exchange Accommodators
COMMUNITY INVOLVEMENT:
Greene County Legislator’s Casino Task Force
Hudson Valley Tourism Advisory Task Force
Delmar Dolfins USA Swim Team