Getting it done

We know how hard it is to staff your asset management role. It takes a large portfolio to justify a full time asset manager and part time roles are hard to fill. Schmid Consulting provides full service asset management to affordable housing developers of all sizes. A typical scope of work often includes:

• Review of monthly financial statements and applicable follow-up

• Management of property reserves and capital needs planning

• Oversight of property issues not solved within operations

• Monthly or quarterly meetings with property management

• Compilation of periodic reports for leadership and board

• Active participation in the budgeting process

• Involvement in the annual audit

• Annual update of property financial projections

Whether you are a developer with less than 20 properties or need to supplement your existing staff due to an expanding portfolio, Schmid Consulting might be the solution for you. Contact us to find out if this partnership is right for you.