Good Asset managers need to have both real estate experience and financial analysis skills. OHI Asset Managers (AMs) have a combination of both these attributes. Our AMs have good know-how of operating metrics used to evaluate performance of a real estate portfolio. They are skilled in performing rent roll analysis, vacancy review, monthly property performance review, income and expense variance analysis among others. They also have a sound understanding of financial statements such as Balance Sheet, Income Statement, Cash Flow Statement among others.
We have 15+ years of experience working with 50+ commercial and residential real estate companies in California, New York, Texas, Florida, Colorado, Kansas and Washington. OHI has provided services in different real estate related activities in finance, accounting, operations, financial analysis and management reporting to 50000+ units across USA.
OHI’s Asset Managers can play a productive supporting role to your senior asset managers, CFO’s, COO’s and portfolio managers, freeing up their time from the building financial models, preparing reports and gathering data
Asset Accounting & Investor Reporting Services
Contact Us for a customized NO OBLIGATION proposal for outsourcing your Asset Manager Role
cost savings compared to in-house hired staff
6+ years staff with strong real estate experience
in USA (50+ commercial and residential real estate firms)
50+ Real Estate Clients in North America
60+ Team Including CPAs, MBAs, Architects and Graduates
50000+ Units Served Since 2006
Property Accountants with 6+ Years of Relevant Real Estate Experience
California | New York | Texas | Florida | Georgia | Ohio | Colorado | Kansas | Pennsylvania | Oregon | Washington | Massachusetts | Illinois | British Columbia | Ontario
The Asset Manager oversees a portfolio of office (commercial) and residential properties, work on special projects of finance department, and assist in financial and business objectives of various commercial assets. The asset manager makes recommendations related to improving property level performance to the senior management and site level property management keeping fund/portfolio objectives in mind.
Accounting and Analysis
Review monthly investment cash flows for performance monitoring and complete quarterly distribution analysis for actual investor distribution
Maintain cash flow models to evaluate current and future cash positions for refinancing or disposition opportunities, capital improvement projects and to finance other cash needs
Perform due diligence on proposed new acquisitions and make recommendations to the Management on new acquisitions, and projects
Provide hold / sell analysis
Perform detailed expense analysis of recurring costs such as real estate tax, insurance and utility costs
Monitor key leasing and financial parameters such as occupancy levels, Gain/Loss to Lease levels, delinquent receivables, debt yield, interest coverage and investment return ratios etc
Investor Reporting - Complete financials with proper schedules, leasing reports, variance analysis, executive summaries of property performance
Prepare monthly, quarterly and annual client reporting summarizing property and portfolio level performance
Prepare Equity at Risk reports outlining assets with current/potential risk issues
REIT Reporting as per REIT laws
Detailed Lender Reporting including financials with proper schedules, leasing reports, executive summaries of property performance
Budgeting and Projections
Provide support regarding portfolio budgeting/reforecasting, monitoring performance, investigating and explaining variances to budget/reforecast
Prepare capital expenditure plans for the portfolio/specific properties
Monitor investment performance
Assist in formulating annual business plan at portfolio/property level
Oversee insurance, real estate tax, and debt service obligations on behalf of each asset
Ensure compliance with leases, loan agreements, joint ventures, ground leases, space leases and other operative documents
A well-known fully integrated real estate investment cum asset management firm based in Tampa (FL). They manage a wide variety of commercial real estate assets and provide property management services to 3rd party commercial real estate owners.
A vertically integrated, full service real estate company based out of Bellevue, WA. They specialize in commercial properties. The firm has developed and built in excess of 81 properties and have more than 10,000 units under management.
Real Customers, Real Satisfaction!
Our clients include 50+ commercial and residential real estate companies with an annual revenue from USD 1 mn to 500 mn spread across California, Florida, Texas, New York, New Jersey, Washington, Colorado, Illinois and other major US states. A few examples are provided below. More samples and reference can be provided upon request.
A mid-size real estate firm in Miami, Florida. The company manages over $300 million of real estate, over 4500 apartments and have been appointed receivers on over 15 properties.
A midsized real estate property management firm based out of Beverly Hills, CA. The firm manages over 50 properties, across 9 states, encompassing over 1200 tenants and nearly 1.5 million square feet.
An owner/manager of high-quality multifamily communities in the Tri-State and Mid-Atlantic regions, in addition to affordable and student housing properties around the United States. Their portfolio has comprised over 15,000 apartment units representing over $2 billion in value.
A full service real estate investment management company. The company provides in-house acquisition origination, underwriting, transaction management, asset management, accounting and investor reporting for all investments. The company is based in Denver, CO.
Learn more about our Asset Accounting and Investor Reporting Services
A Master’s degree in Business Administration, Accounting or Finance
At least 4 years of work experience in residential/commercial real estate industry in accounting, budgeting, management reporting and financial analysis functions. The overall outsourcing experience of 6-8 years
Robust understanding of standard real estate practices and business concepts
Familiarity with Real Estate concepts such as revenue management, concessions, incentives, retail leases, net leases, gross leases, contracts, rents, percentage rents, operating expenses, capital expenditures, recovery of CAM expenses and property typesSound understanding of financial statements such as Balance Sheet, Income Statement, Cash Flow Statement, General Ledger, Trial Balance among others
Well versed with financial analysis tools such as IRR, NPV, replacement cost analysis etc.
Advanced MS Excel Skills including knowledge of tools such as conditional formatting, Pivot Tables, Macros, and finance formulae
Strong Expertise in real estate software such as Yardi Voyager, Appfolio, Onesite by RealPage, MRI etc.