Asset Management Maturity Model
Real Estate Asset Management Maturity: Assessing and Enhancing GP Performance The Asset Management Maturity Model is a framework for real estate investors to gauge how efficiently the General Partners are running their businesses, and if they are likely to deliver the...
Asset Management Goals
Real Estate Asset Management Goals and Analytics Go Together My customers don’t care about the technologies my company specializes in. They don’t care about data analytics. They have asset management goals. What they care about is increasing the value of the assets...
Dashboard cost estimate surprises
Dashboard Cost Estimate Dashboards and icebergs have something in common: they both have a part that is visible and a part, much larger, that is not visible. The invisible part of a dashboard is the data that gets pulled into the dashboard. The effort, and therefore...
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
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
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
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
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...