Healthy market conditions in Houston and throughout the country have led to continued strength in the commercial real estate market. During this time of marketplace expansion, portfolio management remains important to optimizing your real estate property. The elements and sub-elements of your real estate portfolio need to be tailored and adjusted to meet investor objectives and adapt to market conditions. Given today’s conditions – and talks of a possible economic slowdown – what strategies should be used to help ensure efficient use of capital and continued opportunities to maximize investments?
Baker Tilly leaders Thane Hutcheson and Brent Maier were joined by Houston real estate industry specialists Sonya Rosenbach, CFO with Allied Orion Group, and Rene Joubert, principal with i3, for a panel discussion on real estate industry trends and opportunities with the Houston Business Journal. Topics discussed include:
Real estate portfolio performance: the pros and cons of in-house performance measures vs. outsourcing
Monitoring and assessing real estate portfolio performance can be a challenge for any real estate owner, especially those that hold many assets. Deciding between in-house performance measures compared to outsourcing to a third party can be a difficult decision for many reasons, including cost, expertise and resources.
In this segment of the panel discussion, the same group provides insights on the pros and cons of relying on in-house performance measures as compared to outsourcing these to a third party.