Robin Francis-Baker, MBA’s Post

What does it take to be a great asset manager? From what I have observed and worked on, a great asset manager is and does a few things: 👉Involved with the asset pre-acquisition. The asset manager should be 🟢involved in the underwriting, 🟢provide context and insights about the market 🟢the proposed asset's competitive positioning in the context of its micro-location, 🟢other market forces (local and distant) that may affect the asset's performance, 🟢shoot down the deal before it makes it to investment committee if it's not viable, and 🟢If the deal makes it to investment committee, the asset manager should have communicated with the analyst and acquisition personnel on the asset and the market to be able to confidently talk through how the business plan aligns with the underwriting. 👉Post acquisition, they are the battle commander. Depending on the structure of the company, the asset manager may have 1️⃣ full control over business decisions, 2️⃣ some control with oversight, 3️⃣ or only control over the minutia. Regardless of their degree of control, because they are the asset manager, they should act as though the buck stops with them. - Problems with property management? Asset manager deals with that. - Problems with the construction team slipping on schedule? Asset manager deals with that. - Problems with certain units not leasing well? Asset manager deals with that. I have enjoyed assisting our development manager with the asset management function. In this role, I have been exposed to tons in property operations: 1️⃣ Just because it's the same floor plan with the same finishes, that does not mean it will achieve the same rent across the property: month rented, floor it's on, views, location to amenities, etc. 2️⃣ A whole slew of reporting: unit delivery and leasing progress, unit availability (existing and incoming), strategic rent adjustments (up & down), resident demographics, etc. 3️⃣ Vendors, contractors, subcontractors, local officials, attorneys, and the team of people it takes to bring a project to life. What else would you say it takes to make a successful asset manager? #realestate #assetmanagement #execution https://lnkd.in/eWkXj2J7 Summer Street Advisors, LLC has a good list of asset management functions at the link below.

Fulcrum Asset Management expands quantitative investment strategies team with double director hire. Fulcrum Asset Management has expanded its quantitative investment strategies team, hiring Justin Simler and Daniel Wales as directors, Investment Week can reveal. Check out Sorin-Andrei Dojan's latest article👇 https://incm.pub/4eWMkjZ #investing #assetmanagement #wealthmanagement #finance

Job and asset management: Totalmobile enables housing providers to consolidate all property-related interactions into one platform shared across their operations. Read more 👉 https://lttr.ai/AJQui #SocialHousing #GovernmentHousing #SocialHousingProviders

Local authorities face unprecedented financial pressures, despite extra government funding. Effective asset management is crucial for maintaining service delivery and community support. But what exactly is asset management, and how can it drive value? In our latest article, Phil Bishop explores the importance of effective asset management. https://lnkd.in/ebagkGr2 #LocalGovernment #AssetManagement #Sustainablefuture

For modern asset managers, the ability to think critically and solve problems is a desirable trait and a necessity. From managing budgets to supervising teams, their role demands quick processing of complex information and making effective decisions. The most successful asset managers can carefully analyze evidence, interpret data, evaluate alternatives, and prioritize their top solutions or suggestions.

Local authorities face unprecedented financial pressures, despite extra government funding. Effective asset management is crucial for maintaining service delivery and community support. But what exactly is asset management, and how can it drive value? In our latest article, Phil Bishop explores the importance of effective asset management. https://lnkd.in/dpBcc65X #LocalGovernment #AssetManagement #Sustainablefuture

From our American Beacon Advisors sub-advisor TwentyFour Asset Management LLP: “The labour market has certainly shown steady signs of cooling in the past few months. The question for the Fed (and markets), is whether this is a normalisation to pre-Covid trends or the start of a more significant weakening.” George Curtis, Portfolio Management at TwentyFour Asset Management, breaks down the indicators which can be looked at to understand the dynamics at play, including job openings data, unemployment data and jobless claims. In his view, if the steady cooling continues it is likely the Fed will look to start cutting rates later this year. Read more here: https://ow.ly/weBC50SxUbw

As a professional with years of experience in property management and asset management, I’ve learned that success in this field is about more than just managing properties—it's about building strong relationships, creating tailored solutions, and staying ahead of industry trends. I take pride in working closely with property owners and investors to maximize returns while ensuring smooth operations and tenant satisfaction. Whether it’s improving operational efficiency, optimizing portfolios, or addressing complex challenges, my approach is always rooted in a deep commitment to delivering measurable results. My goal is to provide strategic insights and hands-on management that align with your long-term investment objectives. From increasing ROI to resolving day-to-day property management issues, I’m here to ensure you get the most out of your real estate investments. Let’s connect and discuss how I can help you unlock the full potential of your property assets and ensure sustainable growth in an ever-changing market. #PropertyManagement #AssetManagement #InvestmentStrategy #RealEstateOptimization #TenantRelations #ProfessionalDevelopment #calebcharles

What is the difference? While Asset Management and Property Management are similar roles they do have distinct responsibilities in ensuring succesful execution of your real estate investment. The image highlights the responsibilities of each role. Is this information helpful? Please comment below ⬇️

From our American Beacon Advisors sub-advisor TwentyFour Asset Management LLP: “The labour market has certainly shown steady signs of cooling in the past few months. The question for the Fed (and markets), is whether this is a normalisation to pre-Covid trends or the start of a more significant weakening.” George Curtis, Portfolio Management at TwentyFour Asset Management, breaks down the indicators which can be looked at to understand the dynamics at play, including job openings data, unemployment data and jobless claims. In his view, if the steady cooling continues it is likely the Fed will look to start cutting rates later this year. Read more here: https://ow.ly/LS4w50SxU12