Asset Management
Recap provides transparent reporting, operational expertise, viable action plans, and diligent oversight for multifamily portfolios. Our services are focused on portfolios that may face eroding Net Operating Income (NOI), declining rental markets, inadequate property management, poor market positioning, or other complex challenges.
Asset Repositioning
Recap repositions underperforming portfolios by clarifying the unknown and identifying targeted areas for improvement. We restore assets to optimal performance and position clients to unlock trapped value.
Selected services:
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Initial assessment of physical, financial and operational issues
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Delivery of property- and portfolio-level reports and recommendations
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Identification, interviews and recommendations for replacement property management
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Review, development and oversight of asset-by-asset capital plans
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Creation of leasing/marketing plans based on knowledge of local markets
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Regular site visits to monitor asset performance
Asset Monitoring
Recap provides transparent asset management and financial reporting for debt and equity portfolios. We protect your assets and identify new opportunities, all while providing transparent and consistent financial reporting.
Selected services:
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Initial assessment of physical, financial and operational issues
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Collection, analysis and rollup of all property financial statements
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Production of customized status reports for properties and portfolio
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Regular site visits, with frequency geared to level of asset performance
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Long-term budgeting for property maintenance and improvements
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Oversight of property management, including termination and replacement if necessary
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Development and implementation of action plans
Investor Services
Recap provides third-party reporting services to keep investors informed about investment performance, potential opportunities, and emerging issues. We provide reporting, quantitative, and communications support that enables our clients to maintain their focus on what they do best — operating their portfolios for maximum value.
Selected services:
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Regular meetings with General Partners regarding asset performance
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Periodic site visits
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Summary reports to investors including financial results and narrative discussion
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Response to investor inquiries
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Additional support services, as appropriate (e.g. consent solicitation packages)
