Asset Management

As an Asset Manager, We Both Protect and Grow the Value of Your Property

How Does An Asset Manager Add Value to Your Property?

Oversee and assist in the structure of the capital stack for the investment
Provide due diligence for the purchase and disposition of property
Work with the leasing team to achieve or beat pro forma goals
Oversee property management to drive value at the properties
Integrate with property accounting for annual and capital budgets and reporting
Determine the optimal time for any capital decisions and identify institutions for debt/equity to maximize IRR
Keep a long-term view while ensuring prompt decisions are made.
Add Value to your Commercial Real Estate Property
Properties that benefit from Asset Management

Properties That Benefit From the Use of Asset Managers:

Office Portfolios
“Net Net Net” Properties
Retail Portfolios
Out-of-State Owners
Multi-family Owners
Industrial or Flex Owners
Owners Who Own Other Businesses

I Have a Property Manager, Why Do I Need an Asset Manager?

Clarity of Situation and Vision

A property manager will produce large reports which is great for your accountant but not for you, the owner. An asset manager will boil it down to one to two pages with the information you need to know.

Provide Clear Concise Information

The short 1-2 page report mentioned above will include income, expenses, NOI, and capital needs for the next 30 days for repairs and upkeep, vacancy loss and position mark to market for the property. And another short report summarizing all the properties being asset managed.

Multi-Property Owners

An asset manager will create a plan to optimize the portfolio as a whole and not property by property.  This will maximize your profits on the property portfolio.

Financial Expertise

A property manager has the skills to  manage the property but not the financial skills to maximize your value. The asset manager will guide you on the most cost-effective decisions for maintenance, capital decisions and even advise on the right time to sell or refinance.

Profit Maximization

An asset manager will create a plan to maximize your profits on the property. This includes the financing of the property which is not in a property manager’s wheelhouse.

Large Construction Projects

For projects over $5 million, an asset manager’s skills can guide owners to be informed on the project’s build out. Reporting can be as often as once a week. We work with the construction manager and we coordinate the construction with the financing and provide meaningful reporting.