As Asset Managers, we take responsibility as the owner’s representative in order to maximize the Asset’s financial performance. Typically, Asset managers focus on the longer-term, strategic big vision of maximizing the value of the assets and also realizing the highest return on investment (ROI) for the owner/investors.
The scope of work as Asset Managers would include the following services:
We provide the following asset management services:
Periodic Asset operations & Income Statement analysis
Provide weekly and monthly analysis and reporting
Extensive site visits and key recommendations
Reviewing all vendor contracts and also determining if they need to be renegotiated
Monitor Asset to determine rental/lease rates, concessions, occupancy, renovation upgrades and marketing strategies
Track new development pipeline to determine threat of new supply and impact on rental rates and occupancy
Review insurance policies and coverage, and recommend solutions to preserve protection
Function as the owner’s representative in dealing with designers, contractors, including review of renovation activities in the field
Use local market knowledge and broker network to determine value and possible exit strategies
Obtain financing quotes from Banks and lenders to determine potential recapitalization structures
Property tax appeals, Contract review and Assessment
Asset managers focus on the longer-term, strategic big vision of maximizing the value of the assets and also realizing the highest possible return on investment for the owner/investors.
