Archive for June 22nd, 2009
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Investment Analytics Group’s (IAG) Land Asset Management Services
0 Comments | Posted by Administrator in asset management, commercial real estate, due diligence, real estate investment, tenant in common, tic
Once Investment Analytics Group (IAG) is contractually engaged as your Land Manager, we take responsibility for the following:
• The strategic planning and oversight of your investment: The IAG strategic plan includes all market research and statistics which are customized for the specific property and the surrounding area. This research and our valuation results are provided to investors and are paramount to the sound strategic plan for the property.
• Maintenance of LLC’s and annual reporting; coordinating an LLC replacement Manager
• Coordinating TIC Owners and LLC Member communication and decision making including annual budget, lease administration (if applicable), potential sale of assets
• Coordinating easement purchases / municipal administration / eminent domain matters
• Disseminating and maintaining organizational documents
• Preparation and filing of tax returns and distributing K-1’s to LLC Members
• Assistance with property tax filings and payments
• Preparing year-end tax letters summarizing income and expenses for the owners
• Assistance in maintenance of individual TIC ownership structures (e.g., SPEs)
• Properly maintaining certain tax exemptions (like agricultural)
• Providing convenient and consistent access to property status communications, quarterly and annual reports and financials, annual budgets, reporting for taxes, the annual strategic plan and approved budget
• Facilitation of approvals for new leases, sales of assets and other services as mutually agreed or as needed.
• Administering any current leases-in-place, performing basic accounting.
• Hiring and supervising local brokerage specialists, when requested, or as needed.
• At the owners’ direction, introducing potential, select development partners to bid the continued entitlement and enhancement of land assets.
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Investment Analytics Group (IAG) Testimonial
0 Comments | Posted by Administrator in asset management, iag, investment analytics group, property management, real estate investment, tenant in common, tic
Investment Analytics Group (IAG) was recently retained to manage multiple land assets on behalf of numerous former DBSI investors who had purchased tenant-in-common (TIC) interests in raw land tracts in several areas across the nation.
One of those assets was the Chinden Road Project, a 65-acre tract of land located in Boise, Idaho. The spokesperson for the Chinden Road property group, Bob McCotter, discussed his reasons for retaining IAG for their asset management services.
“I spoke with about four or five people about managing our land investment but Eric seemed to be right on target with our needs,” said Mr. McCotter. “He is intelligent, understands real estate investing and the fundamentals that go along with it so I felt going forward he would serve us well.
“It was a unanimous agreement from the group after I told them about my impressions of IAG and Eric,” continued Mr. McCotter. “IAG has been right on board immediately and there have been no complaints from anyone since day one. I never, ever have had one thought in my mind that I should have hired someone else.”
The IAG team brings an extensive real estate background and knowledge to the modeling/valuation process and has analyzed billions of dollars of transactions on all investment property classes. Our analysis has helped our clients make critical management, valuation, acquisition, disposition, and financing decisions, particularly with land and development assets.
“Eric and IAG put everyone at ease and they did all the right things,” said Mr. McCotter. “I have recommended them to several people and anyone who needs their help will not be disappointed.”
