– Founder, RMC Realty Advisors
Our primary goal at RMC Realty Advisors is to allow our clients to step away from the day to day oversight of their valuable real estate assets. Because of the ownership mentality and experience we bring to each assignment, our clients can focus on their core businesses and/or start spending more time with other interests.
Aren’t they one and the same?
Both asset managers (investment advisors) and property managers play important, but separate roles in their oversight of real property. Property Managers are typically tasked with day to day oversight of the assets, such collection of rent, payment of operating expenses, financial reporting, and preparation of the annual operating budgets. In contrast, the Asset Manager is responsible for formulating and implementing the strategic management, leasing, and eventual disposition plans for each property. The asset manager also forecasts monthly cash flow and owner distributions, plus works directly with the property’s leasing team to set market rents and negotiate lease transactions with tenants.
Over the last 24 years, the experienced professionals at RMC Realty Advisors have successfully acquired, managed, leased, and sold various product types, including office, retail, industrial, multi-family, mixed use, and self storage.
Yes, RMC Realty Advisors can either oversee assets in California for out-of-state or foreign investors or manage out of state assets for California-based investors. Our asset management team has managed multiple products types across the country.
Rather than a one-size fits all approach, RMC Realty Advisors hires management and leasing teams based on the product type and geographic location of each asset. If you would prefer to retain existing property management and leasing agents, RMC Realty Advisor is happy to continue those relationships.
