Enhanced asset management.
Maximize the value of each multifamily asset by engaging Henry S. Miller Realty Management as the custodian of each asset and integrating yearly operating plans into a comprehensive asset or portfolio business plan.
Our goal is for our clients to unequivocally know that we are stewarding their investment in the best possible manner.
HSM Realty Management asset management is solely focused on maximizing the value of each multifamily asset by actively integrating yearly operating plans into a comprehensive asset or portfolio business plan. Asset values are optimized as our asset managers measure, monitor, and continuously strive to improve operations to maximize the overall the financial performance of our owner's investments.
- Focuses on measuring, monitoring and continuously improving performance of each asset
- Ensures each community under management is being managed in a professional manner optimizing the owners return on investment.
- Measuring actual operations against original underwriting/business plan
- Regular analysis of asset values based on prevailing market parameters
- Revenue enhancement analysis
- Operating efficiency analysis
- Ensures compliance with the underwritten business plan and reports performance bench marketed against the underwritten plan, including sensitivity analysis
- Works closely with community management in the training and implementation of risk management programs.
- Brings to bear an in-depth infrastructure allowing community managers to focus on individual residents, leasing and the physical condition of the asset
- Coordination and management of annual budgeting process and financial reporting
- In conjunction with community management develop and oversee the implementation of repositioning plan
- Asset Management System Analysis & Implementation
- Calculation of budgeted and reforecast cash available for distribution
- Acquisition/Disposition structuring to achieve investor objectives
- Pre-tax and After-tax analysis and reporting
- Master Property Insurance Program- Clients benefit from volume priced pricing, in-house claims administration, and portfolio wide risk management training for on-site personnel.
- Purchasing – Supplier negotiations are handled by the HSM Realty Management corporate office allowing for the onsite staff to focus on leasing apartments and creating caring communities. Corporately negotiating contracts ensures that we are able to maximize our purchasing powers and obtain the best terms available.