Because we’re out there in the Denver market every day, we’ll keep you informed with timely information. You'll understand the factors that might affect one or several sub-markets and product types. When you’re looking for your next commercial real estate investment, we'll be prepared.
By understanding your investment objectives, and metrics such as historical vacancy, absorption, and capital cost requirements to compete or exceed in that arena, we’ll find the property that brings you your desired return. No headaches, no large time commitments. The details will be taken care of. We will also consider investing as your partner in lieu of a portion of our fees when we see an opportunity that is mutually beneficial.
In an effort to view your portfolio as a dynamic enterprise, we have invested in both technology and our people, committing substantial resources to provide you with leading- edge platforms, thoughtful advice, and usable data. Following are some of the tools we use in the investment process:
Sophisticated Property Management Financial Package
Using state-of-the-art software for reporting and budgeting, the financial data and its interpretation takes on a life of its own, enabling us to show you whether you’re heading in the “right” direction or whether the “right” direction needs to be redefined.
CoStar Systems
It is one thing to understand how your property works and performs. It is yet another to garner its workings within the context of the portfolio. We measure individual building and portfolio leasing and sales performance using CoStar. It allows us to see how our properties are doing relative to the market, project vacancy and absorption rates, and establish guidelines for pricing of assets to buy and sell.
Construction Expertise
Our construction expertise ("A" License for 30 years) guides us during bidding and monitoring of projects, whether tenant finish, capital improvement, or common area renovation. This experience allows us to raise the rate of return on any particular lease transaction. Multiply that effort over an entire portfolio, and performance can be measurably upgraded. Our experience with competitive market analysis and historical knowledge of the marketplace mean your properties are correctly positioned and help keep the proper focus.
Analysis
When discounted cash flow analysis is called for to gauge actual and potential performance – past, present, and future, we use ARGUS. This institutional quality software package shows us whether a property is most affected by operating expenses, purchase price, debt, leasing income, capital cost structure or probability of tenant renewals. We are then able to stay the course, or adjust as needed.
We also find that our analyses are useful in providing answers to a variety of questions. Often it’s not the answers but asking the right questions that makes the difference. For example, analyses might lead us to ask:
- Is the asset mix diversified to weather a storm?
- Are capital improvements that are due within a short time frame going to sabotage the goals and force you out of your plan?
- What is the plan?
- Are you realizing your competitive portfolio strengths?
- Do you leverage your strengths into better pricing, accountability and performance?
- Do you have contingency plans for operations in a bumpy economy?
- Have you evaluated your exit strategy?
A comprehensive portfolio plan involves diverse issues, and good management requires experience and effective tools. At Bartell & CO Real Estate, we have the resources and know-how to look at the issues and see what’s important and what obstacles may exist that interfere with the goal. Let us help you establish the goals, refine the strategy, and maximize your portfolio’s performance.