Nexus Capital Advisors and Feldus Asset Management cooperate on a case-by-case basis to deliver integrated solutions In an increasingly challenging market environment, tailored solutions for distressed real estate projects are...
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In Part 1 of this series, we explained how important clean data and clearly defined processes are for professional real estate management. In this article, we examine situations in which this essential foundation is lacking.
When recognized early on, such situations are usually manageable. However, if problems remain unresolved for too long, individual issues can accumulate into a complex overall situation that is difficult to untangle and places a significant burden on day-to-day operations. These scenarios can become highly contentious: the asset manager expects corrective action, the property manager may point to additional workload or the service contract, and in the meantime, pressure is mounting on the asset itself.
An Essential Basis for Effective Asset Management In Practice, it’s clear again and again: The quality of the data maintained in property management is THE crucial foundation for successful asset...
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