mLifecycle
Existing Loan Management and Debt Placement:
On-going Property and Asset Management:
Property Disposition:
We have thirty years of proven experience in repositioning office, industrial and retail properties with significant capital, functional or leasing challenges. We've experienced turbulent markets and several real estate cycles and know what it takes to survive in challenging economic times. With a focus on each property's particular challenge or situation, we employ mLifecycle, which is developing a customized plan tailored to each asset we manage, preserving and maximizing value.
The steps involved in our mLifecycle include:
- Appoint an experienced, multi-faceted management team with a top priority of maximizing value
- Stabilize property operations, mitigating any unnecessary expenditures
- Identify both a Short Term and Long Term Strategic Business Plan based on the owner's objectives
- Provide a Market Valuation
- Perform a detailed Property Assessment including:
- Lease and Contract Review and Audit
- Detailed Physical Inspection and Assessment
- Tenant Interviews
- Financial Assessment
- Budget and Operating Expense Analysis
- Review and/or Obtain Third Party Reports
- Interview and Recommend Broker Placement
- Establish a Leasing and Marketing Plan
- Review Property Tax Assessments
- Identify Property/Building challenges and provide recommendations
Existing Loan Management and Debt Placement:
- Understand and manage loan covenants, requirements and key dates
- Assist in Obtaining Financing
On-going Property and Asset Management:
- Revenue and Expense Analysis and Recommendations
- Implement Preventative Maintenance program
- Vendor Contract Analysis and Recommendations
- Market Assessment and Recommendations
- Provide recommendations for Capital Improvements as required
- Lease and Administrative Audits
- Financial Analysis and Reporting
- Ongoing Property Analysis and Asset Management
- Establish a tenant retention program
Property Disposition:
- Develop an exit strategy
- Assist with appropriate broker placement
- Provide Transaction Management
- Assist with Negotiating the Purchase and Sale Contract
- Review and/or obtain Third Party Reports
- Obtain Tenant Estoppels and SNDA's as required
- Provide management of dissemination of due diligence material