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Reserve funding and capital needs planning are vitally important issues for income producing real estate and the multifamily housing industry as a whole.
Proper reserve funding is one of the greatest areas of due diligence liability exposures in condominium ownership. In numerous states such as Florida, Massachusetts, California, and others', state statutes now require adequate reserve levels and/or complete reserve studies. Other pressures and influences that are addressed with a professional, independent third-party reserve study includes IRS scrutiny, CIRA guidelines, FNMA, and potential buyers in an informed marketplace.
Governmental agencies also recognize the importance of determining the physical condition and future capital needs of their multi-family housing portfolios. Reserve analysis is a viable means of assuring the continued quality of either conventional or assisted housing in determining if reserve funding will be adequate to meet future needs.
Special use and resort properties benefit by staying pro-active in a very competitive market.
Regardless of the property, the ability to anticipate and direct capital expenses, either as replacement or enhancement functions, provides more fiscal stability as well as improved property and market values. These are benefits that you need and we are the provider of choice.
The information on our web site explains how our professionals approach the reserve analysis. We have included sample excerpts from actual client reports. Our reserve reports are written for both the layman and the professional, as a strategic tool that creates a unified plan for the future.
When considering a professional firm to conduct this vital Capital Needs Analysis, please be sure to measure our experience, credentials, depth of analysis, and moreover, the satisfaction of our clients.
We would be glad to supply you with a comprehensive range of references, information, and pricing specifically detailed for your property .
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