Asset Management & Financial Analysis
Powers can provide asset management for a single asset, or for a client’s entire real estate portfolio. Having a well-thought-out business plan with a strategy for each asset is crucial. Projecting annual revenue and operating expenses is critical to maximizing both short- and long-term cash flow and asset value. Preparing five- and ten-year Argus and Excel cash flow projections provides an owner with an accurate financial picture of a property’s projected performance.
Powers can help clients develop one-, three- and five-year business plans for individual assets, enabling them to measure asset performance against the original acquisition underwriting budget. We evaluate a property’s past and future performance to determine the optimal time to sell, refinance or hold an asset.
We also assist owners with lease negotiations, lease renewals, tenant improvement work letters, capital improvements, operating expense management, and the marketing of an asset or a portfolio of properties.
Our asset management and financial analysis services include:
- Lease evaluation and due diligence
- Prepare tenant-by-tenant lease abstracts
- Provide lease file organization and management
- Track critical lease dates (renewal rights and notification dates, termination rights, effective annual rental rate increase dates)
- Compare tenant operating expenses to established operating expense base year
- Property income and operating expense budget assessment
- Weekly, monthly or quarterly property site visits
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