Morrow & Associates’ Post

As the Director of Asset Management in the multifamily sector, I'm thrilled to be part of an industry that plays a crucial role in shaping communities and creating homes. At JDS Companies, we're dedicated to enhancing the resident experience and ensuring our multifamily properties thrive. Our team is committed to innovation, sustainability, and fostering vibrant communities. I'm excited about the opportunities and challenges ahead in the multifamily space. Let's connect and share insights on the dynamic world of multifamily real estate. Whether you're in asset management, leasing agent , property manager maintenance technician , or simply passionate about multifamily, I'd love to connect and exchange ideas. #Multifamily #AssetManagement #RealEstate #PropertyManagement #LinkedInNetworking

In just 4 days, something extraordinary is happening. It's the Multifamily Asset Management Virtual Event, and I don't want you to miss it!    🏢 Are you ready to unlock the secrets of property performance optimization?  📊 Are you excited to learn about the latest strategies for cost-effective asset management?  🚀 Are you committed to achieving typical results of financial success in the multifamily real estate sector?    If you answered "yes" to any of these questions, then this event is tailored just for you. Our expert speakers and panelists are ready to share their insights, strategies, and typical results with you.    📅 Date: Nov 10, 2023  🕒 Time: 8 AM - 7 PM EST 📌 Location: Your Device    Here's what you can expect:    Deep insights into macro and micro factors influencing asset management.  Strategies to navigate supply chain challenges and cost fluctuations.  Techniques to maximize cash flow, boost tenant satisfaction, and reduce vacancies.  Don't miss out on the typical results you can achieve by joining us for this event. Reserve your spot today by clicking the link below:    https://lnkd.in/gB6dhvWt   This is your chance to learn from the best, connect with like-minded investors, and set your course for typical results in multifamily asset management.    Take action now, secure your spot, and get ready to embark on a journey toward financial prosperity. Thank you, sponsors: Syndication Attorneys, PLLC, Usha Investment Group LLC Colson Castilla Ember Capital Partners   #assetmanagement #NOI #apartmentinvesting #multifamilyinvesting #cashflow

Asset Managers focus on financial performance and optimizing property value. They handle strategy planning, financial analysis, and long-term value enhancement. Property Managers, on the other hand, manage the day-to-day operations, tenant relations, and property maintenance. Both roles are crucial but serve different purposes. Want to learn more about their distinct responsibilities? Watch our latest video for a deep dive into the roles of Asset Managers and Property Managers in multifamily properties. #multifamily  #MultifamilyInvesting  #MultifamilyAsset  #multifamilyassetmanager

Multifamily Workshop Series Post 8 of 10 The main goals of asset management include maximizing value, maximizing returns, and minimizing risk. The responsibilities of an asset manager span the three pillars of acquisitions, ownership, and disposition. I mentioned during the presentation that investors may want to consider asking sponsors for some samples of their ownership models when considering their next investment. Most sponsors will show the underwriting models, but what about ownership and disposition? You could argue how they have managed previous assets and handled new information during the ownership period is far more important than a projection before ownership. If they don't have models to track the performance of the assets they own and run multiple scenarios throughout their ownership, they may be more passive beneficiaries of market forces rather than active asset managers capable of navigating challenges. ------------------------------------------------- I recently held a two-day workshop for new multifamily investors, covering key areas such as financial analysis, deal structuring, and asset management. While each topic could have merited a comprehensive course on its own, I believe we achieved a comprehensive overview. The goal was to enable investors to ask pertinent questions and delve deeper into areas where they needed more insight. Having invested significant effort in preparing the presentation, I've decided to share it in sections here. I hope someone can find this info useful! #commercialrealestate #assetmanagement #privateequity #realestate #passiveinvesting #realestateinvesting

We are thrilled to announce the launch of Blue Ridge Advisory Group, a premier real estate consulting and asset management firm! At Blue Ridge, we understand that every property is unique. We specialize in helping our clients unlock the true potential of their real estate investments, leveraging a wealth of experience in asset management, development, redevelopment, and advanced Argus modeling techniques to optimize the performance and profitability of commercial real estate assets. Our comprehensive range of services includes strategic portfolio analysis and planning, asset management, financial modeling, risk assessment, and tailored investment strategies. We believe in delivering innovative solutions that align with your unique goals and objectives. We are eager to connect with professionals, industry peers, and potential clients who share our passion for excellence and growth. Feel free to reach out to us to explore potential collaborations or discuss how we can add value to your portfolio. Whether you're an individual property owner, a real estate investment firm, or a portfolio manager, we invite you to connect with us on LinkedIn and visit our website at www.blueridgeadvisory.com to learn more about our services and stay updated with our latest news. #RealEstateConsulting #AssetManagement #Development #Redevelopment #ArgusModeling #BlueRidgeAdvisoryGroup #RealEstateServices #CommercialRealEstate"

During a recent asset management trip, I had the chance to dine in Cincinnati. Beyond the properties, it's about the communities and experiences. Yet, at the core of every successful venture in real estate is a foundation of solid partnerships, unwavering trust within the GP team, and our unwavering commitment to delivering results for our investors. Their trust in us demands our best – every single time. Beyond financial metrics, it's about the broader impacts, relationships formed, and the trust we build with each project. Cheers to growth, community, partnerships, delivering on promises, and the power of trust in our industry! 🍽️🏙️ #AssetManagement #RealEstateInvestment #CincinnatiExploration #TrustInPartnerships #DeliveringResults

Multifamily Monday Successful leasing of multifamily properties requires a holistic approach that integrates property management and asset management strategies. By leveraging technology, data analytics, and industry expertise, landlords can streamline operations, mitigate risks, and capitalize on market opportunities. Asset manager, that's you as an investor: Involves strategic planning and decision-making aimed at maximizing the performance and value of a portfolio of investments, including multifamily properties. Asset managers utilize financial analysis techniques to evaluate the financial health and performance of each property within the portfolio, identifying areas for improvement and growth opportunities. Consider IRR and NPV metrics when weighing your options. Asset managers conduct rigorous risk assessments to mitigate potential risks and uncertainties, implementing risk management strategies to protect the portfolio's value and ensure its long-term viability. They develop and execute strategic plans tailored to the specific investment objectives of the portfolio, such as maximizing returns, enhancing property value, or achieving targeted growth rates. Consider a cost benefit analysis against other investments and years to hold versus exit. Inflation should be factored and capital should be adjusted accordingly. #realestate #business #commercialrealestate #investing #diversify #build #grow #challenge #results #service #professional #modesto #california #ca #stanislauscounty #centralvalley #investor #invest #REI #passiveincome #turlock

The current multifamily real estate environment is leading asset owners to ask property managers to get back to basics. Managers continue to seek technology solutions to modernize operations, but owners and investors are starting to push back and request old-fashioned leg work. Globe St. explains: https://lnkd.in/eUiCKntf

When starting a multifamily investment company, the first few hires can play a critical role in setting the foundation for the company's success. For Catalyst, like any other start-up business, bringing on our first few hires was not easy. Our core team has been instrumental in our Company’s growth over the last couple of years and they continue to help our Managing Partners to work ‘on’ the business rather than work ‘in’ the business. To learn more about the four roles that were critical in building our success to date, continue reading our new blog here: https://bit.ly/3rllU7v #Multifamily #MultifamilyRealEstate #CRE #AssetManagement #MultifamilyInvesting #MultifamilySyndication #Blog #NewBlogPost

In 20 years in storage I've been: Operations Analyst (REIT) Revenue Manager (REIT) District Manager (in markets in Utah, Los Angeles, San Diego, and Central Valley, CA) (REIT) Sr Director of Operations (REIT) VP of Operations (Privately held portfolio) COO (Private Equity) "Storage" guy at Open Door Capital, the title I'm most proud (besides "dad") I love the real estate class, I know what to avoid and what to chase, and am building a portfolio with a dream team. This isn't for most people, but those accredited investors looking to invest in storage on the coat tails of experienced buyers, operators and lovers of self storage, this is worth a review. Two weeks in and 70% subscribed... I've invested in every property with my own money and looking for others to join me. Check out the videos for an overview of why we love it and then call our team for questions. We're an Open Door (poor pun intended). https://lnkd.in/eJ7tdiav