Real Estate Asset Management
Real estate asset management refers to the process of maximizing the value and return on investment of a property. This includes finding the highest and most consistent sources of revenue, reducing expenditures whenever possible and risk management, among other things. The real estate asset manager acts as an owner of the investment property and looks out for the property owner’s best interests. They are proficient in repositioning a property and streamlining operations to reduce expenses, increase income and improve property value. They are responsible for the creation and implementation of the general strategy of the asset. Keeping track of company assets is an important task that can help to save the real estate business’ money and time.
Real estate asset managers usually deal with strategic and important issues related to a property. They understand real estate as an investment. Real estate asset management needs strategic thought and execution so as to actively enhance the value and cash flow of the assets. To hire a qualified real estate asset manager, an investor will be required to pay real estate asset management fees.
Real estate asset management includes tasks such as:
- Finding lenders and working with them
- Negotiating property agreements and leases on behalf of the property owner
- Providing due diligence for the purchase or disposition of property
- Determining the value of the property and ways to increase its value
- Marketing an asset for revenue growth
- Working with the leasing team to absorb any vacant space on a timely basis
- Preparing long-term financial projections
- Cash flow management
- Market Research
- Data analysis
- Hiring and overseeing the property manager
- Developing capital and operating expenditure budgets
- Evaluating, monitoring, and revising property financing strategy
- Evaluating, monitoring, and revising property financing strategy
Business Consulting
Through our advisory and counseling services, we help our clients to maximize their commercial real estate investments, manage your portfolio, and develop strategies for your income-producing properties. We constantly evaluate the market to produce quarterly market reports . We are well-informed on local, regional, and national economic trends as well as the political environments in which our clients function. As advisors, we can provide advice about your property’s value informed by your unique short- and long-term goals to determine the highest and best uses and potential for your investment.
Market Report
Printed and mailed to targeted readers annually, and released every quarter in digital format, the commercial market report presents verified sales data and commentary on industrial, office, retail and multi-family transactions.
