Designed to benefit both HFAs and their industry partners, a special asset management track at NCSHA’s upcoming Annual Conference and Showplace will examine the key functions of this complex but important area as it works its way through the three stages of rental development. Don’t miss this opportunity to join your peers and enhance your knowledge. Register before September 21 to take advantage of the early bird rate!
Monday, October 22
1:15 p.m. – 2:30 p.m.
Asset Management in Focus Part 1: Construction Monitoring and Risk Assessment
Learn to mitigate risk with proactive asset management during construction. Understand architectural plans, specifications, and construction documents. Assess potential impacts of environmental and site issues. Learn to monitor the construction schedule, site inspections, and change order process, as well as evaluate construction progress and quality of work.
3:00 p.m. – 4:15 p.m.
Asset Management in Focus Part 2: Lease-Up and Compliance Oversight
Examine key asset management functions following construction completion. Understand absorption rates and seasonal trends in project lease-up. Consider physical inspection and tenant file review best practices. Learn to evaluate capacity and performance of marketing, property management, and efforts to resolve and document compliance issues.
4:30 p.m. – 5:30 p.m.
Asset Management in Focus Part 3: Financial Monitoring and Performance Measures
Explore financial oversight and performance measures vital to effective asset management. Analyze and assess trends in financial statements. Learn to establish and monitor reserve accounts and review operating budgets and cash flow. Understand industry risk ratings and how to use performance data to inform future deal structuring and asset management strategies.