Asset Management: Running a Portfolio for Maximum Returns
- 9 Sections
- 35 Lessons
- 36 Quizzes
Asset Management vs. Property Management
- Lesson 1.1: Two Jobs, One Building
- Quiz 1.1: Two Jobs, One Building
- Lesson 1.2: The Asset Manager's Mandate
- Quiz 1.2: The Asset Manager's Mandate
- Lesson 1.3: The Four Value-Creation Levers
- Quiz 1.3: The Four Value-Creation Levers
- Lesson 1.4: Building the Asset Management Infrastructure
- Quiz 1.4: Building the Asset Management Infrastructure
The Asset Management Business Plan
- Lesson 2.1: The Annual Asset Management Plan
- Quiz 2.1: The Annual Asset Management Plan
- Lesson 2.2: Setting Performance Targets That Mean Something
- Quiz 2.2: Setting Performance Targets That Mean Something
- Lesson 2.3: Variance Analysis: Reading the Numbers Honestly
- Quiz 2.3: Variance Analysis: Reading the Numbers Honestly
- Lesson 2.4: The Hold/Sell Decision Trigger
- Quiz 2.4: The Hold/Sell Decision Trigger
- Lesson 2.5: The 5-Year Rolling Pro Forma
- Quiz 2.5: The 5-Year Rolling Pro Forma
Leasing as Asset Management
- Lesson 3.1: Leasing Is Capital Allocation
- Quiz 3.1: Leasing Is Capital Allocation
- Lesson 3.2: Lease Renewal Analysis: NPV of Staying vs. Leaving
- Quiz 3.2: Lease Renewal Analysis: NPV of Staying vs. Leaving
- Lesson 3.3: Lease Expiration Scheduling and WALT
- Quiz 3.3: Lease Expiration Scheduling and WALT
- Lesson 3.4: Shadow Space and Sublease Competition
- Quiz 3.4: Shadow Space and Sublease Competition
- Lesson 3.5: The Leasing Pipeline Report
- Quiz 3.5: The Leasing Pipeline Report
CapEx Management and Reserve Planning
- Lesson 4.1: CapEx Categories and the Discipline of Separation
- Quiz 4.1: CapEx Categories and the Discipline of Separation
- Lesson 4.2: Building the 10-Year CapEx Schedule
- Quiz 4.2: Building the 10-Year CapEx Schedule
- Lesson 4.3: Reserve Funding: How Much and Where
- Quiz 4.3: Reserve Funding: How Much and Where
- Lesson 4.4: CapEx ROI Analysis: When to Invest vs. Defer
- Quiz 4.4: CapEx ROI Analysis: When to Invest vs. Defer
Financing Optimization Over the Hold Period
- Lesson 5.1: Interest Rate Risk Management Across a Hold Period
- Quiz 5.1: Interest Rate Risk Management Across a Hold Period
- Lesson 5.2: The Refinance Trigger
- Quiz 5.2: The Refinance Trigger
- Lesson 5.3: Loan Covenant Compliance
- Quiz 5.3: Loan Covenant Compliance
- Lesson 5.4: Portfolio-Level Financing Strategy
- Quiz 5.4: Portfolio-Level Financing Strategy
Portfolio Strategy, Build, Hold, Harvest
- Lesson 6.1: Portfolio Construction Principles
- Quiz 6.1: Portfolio Construction Principles
- Lesson 6.2: The Portfolio Maturity Curve
- Quiz 6.2: The Portfolio Maturity Curve
- Lesson 6.3: Disposition Sequencing: What to Sell First
- Quiz 6.3: Disposition Sequencing: What to Sell First
- Lesson 6.4: The 1031 Exchange as a Portfolio Rebalancing Tool
- Quiz 6.4: The 1031 Exchange as a Portfolio Rebalancing Tool
- Lesson 6.5: The Institutional Portfolio Review
- Quiz 6.5: The Institutional Portfolio Review
Investor Reporting and Relations
- Lesson 7.1: The Quarterly Investor Report
- Quiz 7.1: The Quarterly Investor Report
- Lesson 7.2: NCREIF Attribution Analysis
- Quiz 7.2: NCREIF Attribution Analysis
- Lesson 7.3: The Annual Meeting and Managing Difficult Conversations
- Quiz 7.3: The Annual Meeting and Managing Difficult Conversations
- Lesson 7.4: Capital Calls, Distributions, and Managing a Distressed Asset
- Quiz 7.4: Capital Calls, Distributions, and Managing a Distressed Asset
Capstone, Run a 5-Asset Portfolio Review
- Lesson 8.1: The Portfolio (Setup)
- Quiz 8.1: The Portfolio (Setup)
- Lesson 8.2: The Analysis: What the Numbers Are Telling You
- Quiz 8.2: The Analysis: What the Numbers Are Telling You
- Lesson 8.3: The Decision: Leasing and CapEx Responses
- Quiz 8.3: The Decision: Leasing and CapEx Responses
- Lesson 8.4: The Pro Lens: Institutional Perspective
- Quiz 8.4: The Pro Lens: Institutional Perspective
Final Exam
The return you projected only shows up if someone manages the asset to hit it. This course is that job.
You separate asset management from property management, build a business plan for the hold, and use leasing, CapEx, and financing as levers. Modules on portfolio strategy and investor reporting cover the build, hold, and harvest.
Eight modules, 35 written lessons, 103 practice questions, and a graded final exam with a certificate. The capstone runs a five-asset portfolio review. Self-paced, lifetime access.
Manage the asset to the number you underwrote.
Want to submit a review? Login
Related Courses
CRE Fund Structures: REITs, DSTs & Opportunity ZonesLesson 1 unlocked
Map the vehicles from JV to public REIT, and how each changes the investor's experience
Read REITs, traded and non-traded, on FFO and the liquidity premium
Use DSTs for a 1031 and Opportunity Zone funds for deferral, step-up, and elimination
Ground-Up Development: Site Selection to StabilizationLesson 1 unlocked
Run the developer's model: the pipeline as a portfolio and the five ways deals fail
Select a site on traffic and access, utility capacity, and demand generation
Build a development pro forma with yield-on-cost, S-curves, and interest reserve
Distressed Assets: Workouts, Foreclosures & Opportunistic DealsLesson 1 unlocked
Read the four sources of distress and where you sit in the cycle
Buy notes at a discount to par and run the note-to-own play
Work the lender's toolkit: A/B notes, workouts, and the borrower's leverage