Property Asset Management 2.0
Every service applied to a property must contribute to creating value. Foresite’s approach to property management is built on the idea that proper operations are not just a collection of oversight activities, but rather a significant contribution to that value creation. Foresite’s property management professionals act more like traditional asset managers, consistently focused on making decisions that meet long term property objectives.
The process of financing, developing, constructing and / or managing commercial real estate is a fluid and ever-changing environment that is increasing in complexity, requiring specialized knowledge and a diverse set of skills. Foresite utilizes its hands-on experience to accurately observe, assess and provide real estate recommendations based upon the dynamics of the overall market, the micro-economics of specific markets, the property condition, the commercial real estate capital markets and the unique requirements of each client.
Foresite Realty Partners’ property management professionals understand that effective management of a property must go beyond the basics of day-to-day property oversight. As the property-level execution team, Foresite’s property managers are constantly identifying areas to improve performance in both the physical asset and property operations, and understand that optimal solutions aren’t always found with an inward focus, but that there are additional benefits that can be derived by including stakeholders outside of the property.