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Large buildings are some of the leading consumers of resources such as raw materials, electricity, and water. As you build your knowledge and skills in facilities management, you will be able to offer valuable recommendations and ask pertinent questions that will improve any asset's physical functionality and enhance the business's financial performance. Throughout this course, you will develop a robust tool kit of skills and resources to deal with property management issues including labor, code, financial management, and renovations.
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This course has been designed to simulate the way in which asset managers, building managers, and other stakeholders gather, analyze, and use various forms of building maintenance information to make decisions.
#ASSET REAL ESTATE MANAGEMENT PROFESSIONAL#
In this course, you will access important building management strategies and best practices, professional expert interviews, and exercises that bring various strategies to light. Successfully optimizing the functionality of a building requires a strategic approach to maintenance activities and equipment selection, as well as continually seeking new technologies, devices, and practices to improve building performance and reduce departmental expenses. In commercial real estate, managing the upkeep of the physical asset is critical for multiple reasons, including occupant safety, meeting legal occupancy requirements, functionality of systems, efficiencies of systems, productivity of occupants, maintaining asset value, and more.
#ASSET REAL ESTATE MANAGEMENT HOW TO#
Using a variety of downloadable tools, you will determine how to gather data for analysis that will provide insight and inform decision making for every step of the cycle of tenancy. This course will train your eye to scan a property for key indicators of physical and financial health. You will create a leasing strategy to convey the pertinent data about an asset and the market landscape to a particular audience. This course has been designed to simulate the way in which asset managers, along with those working in leasing departments, gather information and develop a leasing strategy.
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This critical look at your market environment will enable you to best position your real estate assets in terms of lease structures, leasing trends, term expectations, and much more. There are several strategies for optimizing your occupancy and lease rates through an evaluation of the competitive landscape. Within the commercial real estate industry, it is vital to develop a deep understanding of an asset's condition as well as the market in which it competes. For the best experience in this program, it is recommended to take these courses in the order that they appear. At the conclusion of the program, you will determine a comprehensive sustainability strategy for a property and identify the necessary steps to align it with day-to-day operations. The coursework will equip you with the tools you need to address property management issues including labor, code, financial management, and renovations, as well as the opportunity to explore some of the common issues and solutions associated with building systems. Using market analysis, you will acquire the skills to determine a leasing strategy to optimize revenue. Next, you will examine the role of the asset manager along with best practices for developing an asset management strategy based on the type of asset and the owner’s objectives. You will begin by looking at the distinctions among different types of property maintenance issues and how to best address them in order to reduce expenses and environmental impact.
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By exploring a potential asset from the perspective of the owner as well as the property manager, you will acquire a robust skill set pertaining to the development process, project planning, and project implementation. This program provides you with the knowledge and skills you need to fully understand the integral components of the real estate business. To be successful in real estate, you need to organize the daunting and often seemingly chaotic real estate processes into a clear, logical, and coherent whole. Anyone involved in decisions surrounding real estate investing, or its development, financing, or management, needs to be conversant in and informed about property management.
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