Asset Management
What We Do
We bring a private client consultative approach to real estate asset management to give you—the individual investor or real estate family leader—freedom and confidence. Our practice frees you from constant check-ins and common-sense approval requests by property managers that steal your time and leads to frustrating delays. Our method and availability flexes with your ownership style and investment objectives to give you confidence that your assets are performing very well. The proof is in the cash flow.
Our excellence in managing property managers for owners has led to insightful property managers inviting us and referring us to asset manage for some of their more demanding clients. We are tooled to pursue the business plan of the asset, and keep everyone—vendors, managers, owners, partners—pulling together.
What We Cost
Our custom, private, consultative approach to our client relationships and the assets we manage means we do not have a cookie-cutter fee schedule. We do not base our fees on AUM (assets under management) and we do not base our fees on a percentage of NOI (net operating income). If you're wondering what we would charge you, give us a call.
Asset Management Services
Strategy & Planning
- CCIM Strategic Plan Assessments
- Implement strategies to meet investment objectives
- Assess market conditions to inform decisions
- Manage acquisition underwriting & due diligence
- Advise on capital structuring & financing solutions
- Develop and implement asset business plans
- Integrate the asset into the family wealth plan
Performance & Operations
- Monitor property performance through financials
- Facilitate owner statement reviews with managers
- Prepare annual property budgets & forecasts
- Manage leasing agents to optimize occupancy
- Negotiate lease agreements & manage tenant relations
- Conduct property inspections & vacancy QC tours
- Oversee capital improvement projects
- Ongoing portfolio & asset reviews & Property Improvement Plans
Stewardship & Oversight
- Procure, organize & archive property & entity documents
- Assess title documents, encumbrance & insurance
- Asset pre-acceptance processes (trusts and estates)
- Conduct due diligence & annual reviews of property managers
- Host investment performance reviews with stakeholders
- Assess & implement capital, tax & insurance reserves
- Manage risk assessments & mitigation strategies
- Manage lender relationships, documents & compliance