Asset Management

Attention to Detail

National undertakes a detailed and systematic approach to asset management, providing proactive owner’s representation throughout the entire investment period from acquisition to disposition.

 

 

Due Diligence

  • Participation throughout the entire due-diligence process in coordination with investment officers to determine viability of investment
  • Develop strategy which  seeks to maximize value through planned holding period

 

Construction

  • Monitor investment through all construction stages: pre-development, pre-construction, construction and closeout
  • Ensure compliance with loan documents and/or operating agreements; review construction contract; manage budget allocations and oversee financing/refinancing issues

 

Operating

  • Long-term return emphasis
  • Develop operating and capital plan (Budget Package) annually – focusing on overall goals for financial performance, maintaining asset’s physical condition and value preservation/enhancement programs
  • Monthly projection of revenue, expenses, capital needs and returns
  • Day-to-day management of property management operations – leasing/management

Disposition

  • Develop comprehensive annual hold/sell analysis
  • Evaluate potential sales opportunities