Our Asset Management
We see a building as a business.
Treating the property as if we owned it.
Taking Actions. Getting Results.
Interest rates had dropped and a new client wished to refinance his property loan. But, he was facing 40% vacancy as leases scheduled by his previous manager were all expiring at the same time and tenants were not renewing.
We knew that a lending institution would reject his loan application because his vacancy factor would be too high. We developed a leasing strategy and aggressively marketed the property. Six months later we had raised occupancy to 90% while maintaining the integrity of the rent role. The owner met the lending requirement and got the loan.