Asset Management

> Back to Development Management

Brickstone Asset Management Services

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
Make a Service Request