Real Estate Asset Management with Excel

Real Estate Asset Management with Excel

There comes a point when Excel expertise can become a liability. Excel is such a powerful tool that pretty much anything can be done in Excel. And some asset management teams don’t look beyond Excel to do their work. Here’s a conversation between an institutional...
How to estimate the cost of a dashboard

How to estimate the cost of a dashboard

Before we can give you a quote for a custom dashboard, we need to gather some information. In this post I will explain how to estimate the cost of a dashboard, and what questions we need to ask in order to build the quote.   How to Estimate the Cost of a...
How to specify custom property management metrics

How to specify custom property management metrics

Companies come to us because the reports from their property management system don’t provide them the metrics they want. Customization is the driver. We have a process for specifying custom property management metrics. Here is how we do it.   Custom...
What to do with those real estate deal proformas

What to do with those real estate deal proformas

Real Estate Deal Proformas When I review metrics with my clients, I also ask how the asset is performing relative to the original real estate deal proformas. Most of the time that question is hard to answer. We know that as a deal sponsor, if you can demonstrate that...
Four Types of Metrics in Real Estate

Four Types of Metrics in Real Estate

In this post I am going to introduce the four types of metrics in real estate management that I recommend our clients keep an eye on. Most of our clients ask to look at Actual vs Budget. Looking at the variance to budget helps them know how they are managing. I think...