Fund ManagementFund Management

Management of Bank Collective Trusts - Bank collective trusts offer significant advantages over other types of pooled fund vehicles for most institutional investors. NewTower was established as a Maryland trust company to enable it to manage the BentallGreenOak's Multi-Employer Property Trust ("MEPT") Fund, a large core real estate fund and bank collective trust. NewTower has the specialized expertise, systems, and knowledge to manage trusts holding real estate and other investments.


Trust ServicesTrust Services

Valuation Services - NewTower maintains one of the most thorough and objective real estate and debt valuation systems in its industry, using third-party appraisers in a disciplined process with multiple levels of review. NewTower can provide one-time or periodic valuation services for asset portfolio.

Investment Support - NewTower is experienced in evaluating complex real estate investments as a fiduciary and trustee. NewTower independently evaluates advisors recommendations and executes in a manner consistent with fund strategies.

Trust Accounting and Financial Reporting - NewTower team provides portfolio level, fair value, real estate financial reporting. This includes financial reporting performed in accordance with Generally Accepted Accounting Principles (GAAP), Real Estate Information Standards (REIS), National Council of Real Estate Investment Fiduciaries (NCREIF) guidelines as well as Global Investment Performance Standards (GIPS).

Asset and Portfolio Analytics & Performance Reporting - NewTower provides a comprehensive program of analysis and targeted reporting for client funds. These solutions provide investors and fund managers with deeper understanding of the drivers of a portfolio's relative performance, including the fund's progress towards achieving its operational and strategic goals.


Fiduciary ServicesFiduciary Services

With its state-of-the-industry valuation system, investment decision-making, trust accounting and reporting, and portfolio management capabilities, NewTower can serve as a fiduciary in situations where an objective third party is required to make or confirm investment decisions consistent with Employee Retirement Income Security Act (ERISA) and other fiduciary requirements.