Asset Management vs. Property Management
Maximizing the performance and value of the company’s portfolio of real estate assets that are owned and/or managed through acquisitions, dispositions, or operations. Formulating and implementing a long-range real estate asset management and/or fund management strategy. |
Safe operation and maintenance of a real estate as well as its systems. Possible systems to be maintained will include the HVAC, mechanical, electrical, and plumbing as well as technology. Coordinate and manage a team of employees or contractors designated to maintain each operating system. |
Entry and exit strategic | Tenant relations and retention |
Budgeting | Contract and vendor management |
Market & economic forecasting | Lease compliance and administration |
Inventory analysis | Client accounting |
Transaction structuring management | Transaction enforcement |
Financial analysis, modeling and reporting | Tenancy planing and structuring |
Market research | Policies and contracts enforcement |
maximize ROI and property value | Handle the day-to-day management activities of properties |