The Need for Asset Management Analytics in Commercial Real Estate

How does Asset Management and Property Management Differ?

Property Manager Responsibilities:

  • Manage day-to-day operations on a property level
  • Show property/units to prospective tenants
  • Find and/or screen tenants
  • Answer tenants’ questions and address issues
  • Manage maintenance and repairs
  • Enforce the rules of the property
  • Collect rent and other fees
  • Ensure tenants take good care of the property
  • (Sometimes) help with budgeting and other financial matters

Asset Manager Responsibilities:

  • Manage the big-picture financial matters, including asset management analytics
  • Prepare financial forecasts for properties
  • Figure out a property’s financial performance using cash flow analysis/internal rate of return
  • Determine a property’s value
  • Make plans for increasing/maximizing the value of the property
  • Negotiate deals regarding the property
  • Work with lenders
  • Help owners sell their property for more than they bought it for

What do Asset Managers and Property Managers have in Common?

Both Help Increase Your Profits

Both Save You Time, Enabling You to Focus on Growth

Both Are Experts in Their Respective Fields

Why isn’t Asset Management Considered as Crucial as Property Management?

Why it Makes Sense to have a Property Manager and an Asset Manager

What else do you want to know about?

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