Centennial, CO /November 10, 2015 – With a combined 60+ years of general and business aviation experience, David Vaughan and Iver Retrum have launched the Business Aviation Group (BA Group). The new company specializes in business aviation real estate consulting services.
Delivering exceptional client service with skilled performance, the BA Group provides aircraft and facility owners, FBOs, and airports with all of the tools needed to traverse the real estate process: conceptual design and financial feasibility; construction management; RFP drafting, development and presentations; capital sourcing; lease negotiations; marketing and procurement of facilities and more.
“We bring an aviator’s perspective to real estate, and that insight adds value to our projects,” said David Vaughan, co-founder and partner. “We understand the intricacies of real estate transaction and development, and we help FBOs, flight departments and airports assure long-term revenue growth and value on their real estate assets.”
David’s passion for business aviation is reflected in his four-decade career. His knowledge of the aviation industry is extensive and provides perspectives not only from the operational and financial viewpoint, but also from the sales and marketing arenas. He has held key leadership positions in the airline support industry, maintenance repair and overhaul sector, and general aviation (FBO) services. Previous employers include Butler Aviation, Raytheon Aircraft Services, Signature Flight Support, XJet World and Jet Aviation, a General Dynamics company.
An aviator and entrepreneur, Iver Retrum, co-founder and partner, has spent more than 20 years in general and business aviation. He specializes in aviation real estate development and transaction, and he brings a broad range of aviation-specific knowledge to his projects. He is a real estate broker and he has specialized in airport real estate development and business development for nearly 10 years. He has worked in leadership positions for Signature Flight Support, ARINC Direct and SunBorne XVI. He is also the co-founder and manager of Hangar Network, LLC (HangarNetwork.com), an industry-leading aviation real estate MLS.
“Real estate on airports is becoming less a commodity and more of an acute strategic investment opportunity,” said Iver. “Understanding where existing and future market demand exists, key components of investment feasibility and appreciation, and how to navigate the entitlement and development process is crucial to returning long-term value.”
BA Group: The BA Group provides aircraft owners, facility owners and airports with the tools needed to navigate the real estate process: conceptual design and financial feasibility; construction management; RFP drafting, development and presentations; capital sourcing; lease negotiations; marketing and procurement services, and more. For more information, please visit www.bagroup.aero.