Philosophy Services Advantage Expertise Contact
Commercial Real Estate Advisory

Senior-Level Expertise.
On Demand.

We embed institutional-grade development consulting and underwriting capabilities directly into your organization—delivering the strategic horsepower of a dedicated real estate team without the structural overhead of full-time employment.

200+
Projects Delivered
30
Years Experience
$500M+
Transactions
$1B+
Assets Analyzed

Zero Overhead Burden

Eliminate benefits, payroll taxes, office costs, and recruiting expenses while accessing senior-level talent.

Scalable Engagement

Flex capacity up or down based on deal flow. Engage only when you need us.

Institutional Quality

Investment committee and credit committee ready deliverables.

Deep Specialization

Focused expertise in convenience stores, travel plazas, QSR, and net lease retail.

Our Philosophy

The Embedded Partner Model

The traditional approach to real estate capability—hiring full-time staff or engaging transactional brokers—creates a fundamental tension between expertise depth and cost efficiency.

Full-time hires carry substantial overhead: benefits, payroll taxes, equipment, office space, and the opportunity cost of carrying capacity during slow periods. Transactional relationships rarely provide the continuity that complex portfolios demand.

Nashton Consulting offers a third path. We function as an extension of your team—providing the strategic continuity of an internal resource with the economic flexibility of an external partner.

Our engagements are structured to align incentives: we succeed when you succeed, and we're invested in outcomes, not billable hours. This approach delivers specialized expertise flexibly, creating more value than permanent overhead ever could.

"The best partnerships aren't transactions—they're relationships built on shared accountability and aligned outcomes."
The Nashton Approach
Our Services

Three Ways to Partner

Whether you're expanding your real estate footprint, evaluating loan portfolios, or need specialized underwriting capacity, we deliver solutions calibrated to your specific situation.

01

Fee Development Services

Your Development Team—Without the Overhead

We function as an integrated extension of your organization, managing real estate expansion at whatever level of engagement fits your needs. From early-stage site identification through certificate of occupancy, we scale our involvement to match your internal capabilities.

Our fee development model aligns our interests with yours: we're compensated based on successful outcomes, ensuring we're invested in results rather than activity.

Flexible Engagement Levels:

Site Selection

Market analysis, site identification, feasibility studies, and LOI negotiation support. Ideal when you have internal development capacity but need expert site-finding.

Shovel Ready

Fully entitled and permitted sites ready for construction. We handle site selection, acquisition, entitlements, and design—you take it from groundbreaking.

Full Turnkey

Complete development management from concept through certificate of occupancy. We handle everything—you get the keys to a finished, operational facility.

    Capabilities Include:

  • Strategic site identification & market analysis
  • Due diligence coordination & risk assessment
  • Entitlements, permitting & regulatory navigation
  • Design coordination & value engineering
  • Construction oversight & quality assurance
  • Project closeout & stabilization support
02

Loan Portfolio Underwriting

Credit Committee Ready Analysis

We provide comprehensive underwriting packages for lenders evaluating commercial real estate portfolios, acquisitions, and refinancing opportunities. Our deliverables meet the rigorous standards expected by investment committees and credit committees at institutional lenders.

Drawing on direct experience managing major lending portfolios, we understand what decision-makers need: clear risk identification, defensible assumptions, and actionable recommendations. Every package is built to withstand scrutiny and support confident decisions.

  • Property-level operational due diligence
  • Financial modeling & sensitivity analysis
  • Market research & competitive positioning
  • Risk identification & mitigation strategies
  • Investment committee memoranda
  • Portfolio summary & recommendation packages
03

Bank Advisory Services

Specialized CRE Expertise On Call

Augment your lending team with specialized commercial real estate underwriting capacity during peak periods, complex transactions, or when you need sector-specific expertise that doesn't exist in-house.

Many regional and community banks face a challenging reality: they need sophisticated CRE underwriting capabilities, but transaction volume doesn't justify permanent specialized staff. We bridge that gap, providing institutional-grade analysis without the institutional-scale cost.

  • Overflow underwriting during peak volume
  • Specialized property type analysis
  • Market research & comparable analysis
  • Policy & procedure development
  • Credit quality review & portfolio stress testing
  • Training & capability building for your team
The Economic Case

Why the Consulting Model Works

The total cost of a senior real estate professional extends far beyond base salary. When you factor in the full burden, the economics favor flexible engagement.

The Hidden Costs of Full-Time Headcount

Organizations often underestimate the true cost of adding permanent staff. Beyond base compensation, employers face expenses that can add 40-60% to the nominal salary figure.

Health insurance, retirement contributions, payroll taxes, workers' compensation, professional development, office space, equipment, and administrative overhead all compound. Factor in recruiting costs—which can reach 20-30% of first-year salary for senior roles—and the risk of mis-hires.

1

Variable Cost Structure

Engage based on actual need. Scale up or down as volume changes.

2

Immediate Capability

No recruiting timeline, no ramp-up period. Ready to contribute from day one.

3

Reduced Risk

No long-term employment commitments. No severance obligations.

4

Specialized Expertise

Access deep sector knowledge that would be difficult to find in a single hire.

Cost Structure Comparison

Full-time hire vs. consulting engagement

Benefits & Insurance
RequiredNone
Payroll Taxes
7.65%+None
Office & Equipment
RequiredNone
Recruiting Costs
20-30%None
Idle Capacity Risk
YoursOurs
Scalability
LimitedFlexible
Our Expertise

Built on Experience

Our capabilities aren't theoretical—they're forged through decades of direct experience across development, lending, and investment.

Development Excellence

Our development expertise spans the full project lifecycle—from initial site identification through stabilization. We've led projects from concept through completion, managing site selection, acquisition, entitlement, design, and construction across multiple states and market conditions.

This isn't theoretical knowledge. It's pattern recognition built across hundreds of projects, understanding what separates successful developments from troubled ones, and knowing how to navigate the inevitable challenges that arise in complex real estate transactions.

Lending Perspective

Having managed significant commercial lending portfolios, we understand real estate from the lender's vantage point. This perspective informs everything we do—from how we structure analyses to how we present recommendations.

We know what credit committees need to see, what questions they'll ask, and what risks they'll focus on. This allows us to produce deliverables that anticipate scrutiny rather than invite it.

Sector Specialization

We've chosen to specialize deeply rather than cover broadly. Our focus on convenience stores, travel plazas, quick-service restaurants, and net lease retail means we bring genuine expertise—not generalist coverage—to every engagement.

This specialization translates to faster analysis, better pattern recognition, and more reliable recommendations. We understand fuel margins, operator economics, franchise structures, and what drives value in these asset classes.

By the Numbers

200+
Development projects completed
30
Years CRE & lending experience
$1B+
Total assets analyzed
30+
Travel center developments planned
Our Process

How We Work

Every engagement begins with understanding your specific situation and objectives. From there, we design a scope and structure that fits your needs.

1

Discovery

We start by listening. Understanding your objectives, constraints, and decision-making context allows us to calibrate our approach.

2

Scoping

We propose a clear scope of work with defined deliverables, timelines, and fee structure. No ambiguity, no scope creep.

3

Execution

We integrate with your team and execute against the agreed scope. Regular communication ensures alignment throughout.

4

Delivery

Final deliverables are presentation-ready and decision-oriented. We provide recommendations you can act on.

Ready to Scale Your Capabilities?

Whether you have a specific project in mind or want to explore how our model might fit your organization, we welcome the conversation. There's no obligation—just an opportunity to discuss how we might work together.

Start a Conversation

Let's Talk

Every engagement starts with a conversation. Tell us about your situation, and we'll share our honest assessment of how—or whether—we can help.

Send a Message