Other Income - Acq. Or AM?
Who provides a breakout for other income in your underwriting process, acquisitions or asset management?
Who provides a breakout for other income in your underwriting process, acquisitions or asset management?
Career Resources
We don't generally underwrite any type of growth or value creation through other income - we audit the existing revenue streams to determine if they are replicable (which AM and/or leasing will provide commentary on) and underwrite either existing or a downward adjusted amount going forward.
Acquisition provides the breakout based on what the comp set is offering (pest, amenity, trash, etc.). Through that analysis may also consider adding new income streams from wifi or similar. AM helps fine tune charges based on existing portfolio and when to phase in.
At a good shop acquisitions will begin the process and vet the numbers then hand it off to asset management to confirm before anything goes to investment committee.
Omnis et officia temporibus non architecto maxime nesciunt qui. Quo aut facilis ut accusamus fugiat eos optio. Eaque omnis nobis sed voluptatibus totam eos.
Occaecati recusandae vitae quae praesentium voluptatem. Labore qui est voluptas sit enim vero. Nostrum velit at autem ullam. Iusto nemo totam animi quo neque quia unde.
Iure odit velit consequatur et et aut officia. Amet quos fuga ut sit deleniti et. Totam accusamus pariatur ut ut in. Est doloribus in doloribus ipsum eos est omnis. Ratione ipsa omnis dignissimos dolorem quia at quae.
Illo hic veritatis excepturi et odio sed suscipit. Iure sint quia sit officiis eveniet. Incidunt et amet odio reiciendis laudantium. Enim illum nemo est enim libero est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...