Asset Management
The “Alder” approach
When it comes to the real estate components of asset management, an extra level of customer service and expertise is required. Other asset classes can usually be objectively administered, however a great deal of emotion can be attached to a client’s real estate. Alder Advisors specializes in Owner Centered Real Estate Solutions. It is uniquely positioned to ensure that real estate portfolios appreciate in value, provide reliable yields and reach their highest and best use. As a developer, owner and consultant on millions of square feet of commercial and residential real estate nationwide, every property is approached from an entrepreneurial perspective with long term objectives guiding all interaction with the asset. With deep experience, qualification and licensing in brokerage, financial management, mortgage banking, general contracting and strategic planning, Alder Advisors’ approach always considers the “big picture” while attending meticulously to detail in every respect. As a firm whose principal is active in managing its own properties, valuable strategic alliances have been developed in all arenas of the real estate world, facilitating rapid, comprehensive professional solutions to issues as they arise without having to cultivate a range of new relationships.
How we work
Alder Advisors provides a two tiered program. If desired, a retainer can be negotiated based upon the size of the portfolio, providing on demand real estate expertise in real time as needed.
The second tier is individual asset centered. Every assignment is individually evaluated including a site visit to determine and recommend services pertinent to the property’s status. The asset will be comprehensively reviewed including owner objectives and reporting desires, physical condition, management systems, financial performance, market placement, financing and any pending strategic issues. A written report detailing these findings as well as strategic conclusions is prepared and submitted with a fee proposal for ongoing services based upon the menu attached. Services may at any time be added or removed ala carte from the scope as property conditions change over time. In addition all reporting and communication can be prepared under the client’s name and graphical standard delivering an extra level of customer service and in house competency to the client.
Menu of Services
Financial Management
Budget Preparation, Forecasting & Strategic Planning
Property Reporting on Client Determined Schedule
Property Status/Issues & Strategic Planning
Physical Condition
Rent Roll
Budget/Actual Performance
Balance Sheet
Marketing
Lender Reporting
Financial Decision Analysis
Maintenance and Repairs
Transaction Related
Financing
Mortgage Refinancing
Strategic Financing Analysis
Project, Equipment, Tenant Improvement and Working Capital Financing
Property Management
Property Management Firm Evaluation and Liaison
Property Management Information System Evaluation and Development
Tenant Evaluation
New Leases
Existing Tenants
Issue Analysis and Resolution
Physical Plant Evaluation
Building Systems Analysis
Preventative and Deferred Maintenance Evaluation & Facilitation
Technology Analysis
Tenant Improvements
Space Planning
General Contractor Liaison
Tenant Liaison
Marketing & Sales
Brokerage and/or Broker Liaison
1031 Exchange Facilitation
Marketing Planning, Implementation & Reporting
Niche Evaluation, Product Development, and Market Placement
Market Analysis
Transaction Analysis & Management
Development of Vacant Land
Determination of Highest & Best Use
Pro Forma Development
Full Service Fee Development
Financing
Construction Management
Marketing
Property Management