Foraker Company is a commercial real estate company based in Oklahoma City, Oklahoma.
We have expertise and experience in all phases of commercial real estate, but our core competency is repositioning and repurposing real estate assets that are not currently performing up to its highest and best use. Our competitive advantage is our ability to see opportunities and execute on them with speed and decisiveness to create value. Our success is based on market knowledge, work ethic and our ability to make smart, informed diligent decisions. Our mission is to be accountable and committed to successfully achieving the goals and objectives of our clients and partners.
Foraker Company's core values of being knowledgeable, hard working, energetic and creativity maximizes value to our brokerage projects and clients. Our brokerage professionals proactive and tailored approach, greatly helps to expedite the lease-up phase of every project and keeping the project leased throughout its lifespan. Through our comprehensive approach, we maintain the ideal balance between the property owner’s goals and the occupant’s needs.
Foraker Company's approach to property management is all about enhancing the value of the asset while exceeding the occupant’s expectations. This is accomplished by developing a comprehensive long-term management plan and executing on it daily in a disciplined proactive manner. We place the highest importance on developing and nurturing tenant relationships.
DEVELOPMENT & REPOSITIONING
Foraker Company's attention to detail and creative thinking achieve maximum value and cost effectiveness. We have the vision to see opportunity in underutilized assets, the ability and expertise to develop a comprehensive development plan and the capabilities to execute the plan from concept to completion. We take pride in breathing new life into a property by transforming a non-performing liability into a valuable contributing asset. With our extensive repositioning expertise, Foraker Company can thoroughly change the exterior and interior of any building to realize greater potential for property owners. Beyond renovation, this value enhancement unlocks new potential in any property, and generates future returns on the owner’s investment.
Foraker Company uses its market knowledge and comprehensive approach to develop a smart, informed, diligent investment strategy that is tailored to meet each individual clients needs. On the acquisition side, we handle all phases of the investment transaction including, identification and comparison of multiple properties, negotiating the purchase and sale agreement, coordinating physical and financial due diligence, researching occupant demand, evaluating the longevity of the asset and coordinating a successful closing. On the disposition side, we assist the owner in positioning the property in a way to fully enhance its value, we prepare and assemble all of the due diligence information, we complete a market analysis, inform the owner on any changes in the market and diligently target prospective local and national buyers.
Jeremy W. Foraker, CCIM
Mr. Foraker is President and Managing Broker of Foraker Company. Mr. Foraker has over 16 years of experience in commercial real estate and has experience in brokerage, development, construction and property management. Since 2003, Mr. Foraker has negotiated and closed more than 200 investment transactions and 500 lease transactions. He has played key roles in acquiring, developing and repositioning over 1 million square feet of property and growing a property management portfolio to exceed 1 million square feet. Mr. Foraker holds a Bachelor of Business Administration from the University of Central Oklahoma and a Masters of Business Administration from Oklahoma City University. Mr. Foraker’s expertise includes lease negotiation, project management, financial analysis, development strategy and risk mitigation. A native Oklahoman, Mr. Foraker is a married father of two and an active member of the International Council of Shopping Centers (ICSC).
Karsten J.P. Kenworthy
Kenworthy is an Associate with Foraker Company. Kenworthy has just over a year of experience in commercial real estate involving mostly brokerage and property management. Even with his limited time in the industry, Kenworthy has already brokered over 10 million dollars of investment transactions. Born & raised in Edmond, Kenworthy entered the real estate industry with a desire to take part in the reshaping of Oklahoma’s real estate economy. Kenworthy graduated with a Bachelor of Economics from the University of Oklahoma in 2017. Kenworthy’s expertise include investment analysis, lease negotiation, property management, and market trends.
Alex H. McDaniel
McDaniel is an Associate with Foraker Company. McDaniel is completing his final year of education at Oklahoma State University with an Associate degree in Business Administration, and a Bachelor degree in Marketing and Entrepreneurship. Alex has just under a year of commercial real estate experience with a focus on Marketing.