C2G Asset Management is a leading asset management firm specializing in receivership, due diligence, acquisitions, ongoing asset management, construction management, and disposition services nation-wide.
At C2G Asset Management, we specialize in the strategic day-to-day oversight of real estate portfolios. Our approach combines authoritative industry expertise with hands-on guidance to ensure every property performs at its peak potential.
We focus on maximizing yield through disciplined management and forward-thinking optimization strategies. By providing professional administrative and operational oversight, we serve as a dedicated partner in your long-term asset health and strategic recovery or growth.
Our hands-on approach that sets us apart. Our team provides daily asset-level direction, ensuring the optimal management of your investments.
Our Services
Our
Results
This severely distressed asset entered C2G's oversight with the inability to lease any second-floor apartments (50% of units) and at 27% physical occupancy with monthly NOI of negative $933K. Through rigorous monthly financial monitoring, PM accountability on leasing execution, and expense management discipline, C2G's oversight framework tracked a methodical 24-month recovery. Occupancy climbed from 27% to 79%, NOI swung from deeply negative to positive $116K/month, and DSCR improved from -4.9x to 0.37x.
This 263-unit workforce housing asset entered C2G's oversight at 48% physical occupancy with NOI barely above breakeven and 168 outstanding code compliance violations from a city inspection. C2G built a prioritized remediation tracker in its Monday.com platform categorizing 39 critical life-safety items and 129 high-priority items with assigned accountability and hard deadlines while simultaneously monitoring the PM company's leasing execution on a monthly basis. Over 24 months, occupancy climbed from 48% to 95%, economic occupancy improved from 42% to 75%, and NOI grew from $4K to $47K per month. The property went from generating essentially no cash flow to producing consistent positive returns, achieved through C2G's oversight framework of centralized financial monitoring, PM accountability, and proactive code compliance management.
Our Team
Our varying backgrounds in accounting, property management, development, private equity, and more help us to approach your asset from every angle.
Founder & Partner
Dave Sherbal
Dave Sherbal has over thirty years of experience in all real estate product types with a specialty in multi-family, and has been involved in all phases in the lifecycle of an investment. He holds a M.B.A. from State University of New York (SUNY) at Buffalo, NY where he also received a B.S. Accounting and graduated Magna Cum Laude. He is also affiliated with the American Institute of Certified Public Accountants.
Co-Founder & Partner
Clint Miller
Clint Miller helped grow a property management company to over 14,000 units and has worked his entire career in residential property management. He completed a 4-year bachelor’s degree in property management and holds a B.S. at Florida State University and is a designated CPM.
Partner
Lloyd Grosklags
Lloyd specializes in all aspects of multi-family, ranging from private equity to ground-up LIHTC to distressed workouts. Over the last decade, Lloyd has been involved in the purchase or construction of 15,000+ units. He holds an MS Real Estate and Infrastructure from The Johns Hopkins University and teaches in the Masters of Real Estate Program at Georgetown University.
Director, Asset Management
Dan Dumala
Daniel Dumala has experience across all sectors of the multifamily real estate asset classincluding acquisitions of existing assets, ground up new development, asset management and property operations. He holds his BSBA from the University of West Florida and a Master of Science in International Real Estate from Florida International University. He also holds a Real Estate Broker license in the state of Florida.
Director, Asset Management
Austin Hanan
Austin blends his expertise in financial services consulting with a family legacy in property development. Starting his career as a consultant at PWC advising asset managers, insurance companies, and banks, Austin transitioned to operating his own bridge fund, working through existing and ground-up opportunities. Austin is a graduate of the Kelley School of Business at Indiana University.
Senior Asset Management Associate
Jack Dennehy
Jack holds a Bachelor's degree in Finance from the University of Kansas. With real estate expertise gained as a Controllership Associate at JLL, he excels in financial management and asset management. He has a strong understanding of effectively managing assets to maximize their value and align with strategic objectives.
Asset Management Associate
Ellie Helton
Ellie holds Bachelor's degrees in Finance and Real Estate from the University of Missouri. She has a background in financial analysis, real estate investments and asset management. Ellie has a passion for optimizing asset performance and maximizing returns.
Asset Management Associate
Sean Peed
Sean has experience in property condition assessments and multi-family private equity, combining physical analysis, financial analysis, and investment strategy. Sean holds a Bachelor’s degree in Mechanical Engineering from Texas A&M University and an MBA from the University of Houston.
Senior Asset Management Associate
Nicole Cruz
Nicole has worked in both property management and lender servicing (CBRE), giving her a detailed background in property operations and financial analysis. Nicole holds a both a Bachelor's and Master's in Economics from Texas A&M University.
Asset Management Analyst
Eric DeFillippo
Eric has experience in commercial real estate capital markets, with a background in underwriting value-add and recapitalization opportunities across multiple asset classes. He has supported financial analysis on transactions totaling over $1 billion.
Eric holds a Bachelor’s degree in Finance from the University of Houston, with a minor in Accounting and a concentration in Real Estate.
Construction Manager
Jim Waldrup
Jim provides construction management oversight on interior and exterior renovations, fire and storm restoration, as well as physical due diligence inspections and capital improvement analysis and projections. Jim has performed $750M+ of renovation, restoration, and new construction projects. He holds a Georgia and Florida General Contractor’s License, as well as a B.B.A. from Georgia State University. During the last thirty-five years, Jim has personally managed projects in 19 states from California to Iowa to Texas to Connecticut to Florida.
Construction Management Associate
Ethan Foster
Ethan holds a Bachelor’s from Clemson University and brings a cross-functional background in construction and real estate. He is passionate about being on-site, taking a hands-on approach to guide projects from start to finish.