Lauren Campagna
Managing Partner
A-000 Real Estate Advisory Services · Carmel, Indiana
Real Estate Services That Answer to the Owner
Asset Alliance Group advises owners and investors across the full ownership lifecycle, from acquisition due diligence and capital projects through the daily operation of commercial and industrial assets. Based in Carmel, Indiana, we serve owners and investors throughout the Midwest, bringing institutional discipline and a single point of accountability to every engagement.
A-101 Owner's Representation and Construction Management
One Point of Accountability From Preconstruction Through Closeout
Capital projects succeed or falter on the strength of owner oversight. Acting as an extension of the ownership team, AAG aligns design, procurement, and construction with the owner's financial and operational objectives, exercising independent control over budget, schedule, and risk at every phase of delivery.
- Preconstruction and Procurement: We build the project budget, recommend a delivery method such as design-bid-build, CM at risk, or design-build, and level bids so owners compare contractors on equal terms.
- Cost and Change Control: We review pay applications against the contractor's schedule of values and evaluate every change order request before the owner commits funds.
- Construction Administration: We lead owner, architect, and contractor (OAC) meetings and track RFIs, submittals, and the schedule so issues surface early.
- Closeout: We manage punch lists, retainage and final lien waivers, O&M manuals, and warranty turnover so the owner receives a complete, documented building.
A-201 Tenant Improvement Oversight
Tenant Improvements Delivered to the Terms of the Work Letter
A tenant improvement sits at the intersection of lease obligations, base building systems, and a fixed occupancy date. AAG represents ownership through every stage of the buildout, defining the boundary between shell and TI scope and holding each party to the work letter that governs it.
- Work Letter Review: We confirm landlord's work and tenant's work so every party knows exactly what it owes.
- TI Allowance Tracking: We track allowance disbursements from the first draw through the final lien waiver.
- Base Building Coordination: We coordinate MEP and life safety tie-ins with the building's existing systems.
- Turnover: We run punch walks, coordinate final inspections and the certificate of occupancy, and hand over a space ready for occupancy.
A-301 Property Condition Assessments
Clear Insight Into Physical Risk Before Capital Is Committed
Every acquisition, refinance, and disposition rests on an accurate reading of the asset's physical condition. AAG's property condition assessments follow the ASTM E2018 baseline process and give owners, buyers, and lenders a defensible view of deferred maintenance, upcoming capital needs, and replacement reserves over the hold period.
- Walk-Through Survey: We inspect site improvements and paving, the structural frame and building envelope, roofing, plumbing, HVAC, electrical, vertical transportation, and life safety and fire protection.
- Document Review and Interviews: We review available drawings, permits, and maintenance records, and we interview property staff.
- Opinions of Cost: We separate immediate and short-term costs from the replacement reserve schedule.
- Property Condition Report: Findings arrive in a clear report with photographs and prioritized action items for ownership and the property management team.
A-401 Commercial and Industrial Property Management
Operational Discipline That Protects Net Operating Income
Asset value is preserved or eroded in daily operations. AAG manages commercial and industrial properties to Class A standards, balancing tenant retention, cost recovery, and capital planning to protect net operating income and the value it supports.
- Tenant Relations and Lease Administration: We serve as the tenant's daily point of contact and track critical lease dates, options, and obligations.
- Financial Management: We handle rent collection, operating budgets, and annual operating expense reconciliations under triple net (NNN) leases.
- Maintenance and Vendor Oversight: We run preventive maintenance programs for roofs, dock doors and levelers, paving, and fire protection, and we competitively bid vendor service contracts.
- Owner Reporting: We deliver regular financial reporting with budget variance commentary and capital planning recommendations.
A-501 Partners and Contact Information
Two Managing Partners, One Alliance Working for Owners
Paul Shay, MBA
Managing Partner
Tell Us About Your Project or Portfolio
Based in Carmel, Indiana, Asset Alliance Group serves owners and investors throughout the Midwest.