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A&G Forms Financial Reporting & Property Analysis Group

Christopher Payne, Douglas Bennett

In response to what it calls an “extraordinary need for portfolio optimization,” A&G Real Estate Partners has created a dedicated Financial Reporting and Property Analysis Group serving stakeholders across all sectors of real estate. Led by Senior Managing Director Douglas Bennett — formerly vice president of business analytics and strategy at retailer Ashley Furniture Industries — the five-person team combines experience in financial analysis, data science and real estate strategy,

“A&G has had analytics capability for some time, but we sharpened our focus on it this spring,” said Emilio Amendola, co-president of A&G. “As part of that process, we have brought on board everyone from former retail vps with decades of experience in data-driven approaches, to tech-savvy analysts schooled in data analytics software and programming languages. Importantly, this group expands our ability to rapidly service clients in distressed situations as well as handle the needs of expansion-minded small and mid-sized companies looking to outsource all or parts of their real estate functions.”

In addition to consulting on big-picture strategy, the new team integrates data from site-selection and demographics services, proprietary databases, lease documentation and other sources to create visually compelling dashboards and automated reports for use by A&G and its clients. According to Amendola, the new group empowers the firm to determine which owned or leased locations to downsize, close or dispose in retail and other sectors; analyze leases to isolate top candidates for occupancy-cost reduction or disposition; rapidly identify and target new sites that fit its clients’ real estate strategies and give creditors, advisors and other key stakeholders up-to-the-minute reports on the progress of restructurings, turnarounds and dispositions spearheaded by A&G.

Prior to joining Ashley in 2015, Bennett was manager of strategic testing and analytics for  Toys R Us. Previously, Bennett served as a researcher and analyst for Lockheed Martin Systems Integration and mall company Wilmorite Management Group. Reporting to Bennett is Christopher Payne, who joined the new group as managing director this past September. Payne previously served for eight years in analytical and real estate roles at Dick’s Sporting Goods, most recently as senior manager of real estate. Earlier, he headed national market analytics efforts for the retailer’s various brands.

Sam Mishra, the team’s senior analyst, has broad experience in real estate investment, acquisitions, deal-sourcing and business-development and a strong focus on advanced approaches to data analytics and modeling. The team’s project analysts are Erik Potocek, who previously served as a Chicago-based financial analyst for Colliers International, and Brandon Allickson, formerly a financial analyst on McKinsey & Co.’s FIT team in St. Petersburg, Florida.