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Asset Management
In addition to Property Management Services, ParaWest frequently provides Asset Management Consulting. Assignments vary from a one-time property operations/marketing analysis with recommendations, to ongoing oversight of Property Management whether it's a third party management firm or an Owner's actual employees.
- Review Ownership Goals
- Prepare and Implement Property Business Plan
- Prepare and Implement Property Marketing Plan
- Review Property Management Strengths/Weaknesses and Implement Recommendations
- Direct Property Management &/or Site Operations to Maximize Property Performance
- Review Financing/Refinancing Alternatives for Recommendations
- Review/Analyze Monthly Financial Statements vs Budget
- Assist with Budget Preparation and Approval
- Assist in Insurance Bidding, Placement and Oversight
- Consolidate Operating Reports to Owner
- Interact with Lenders on Owner's Behalf
