About us
Real estate investments…
… have three phases: Acquisition, Ownership, and Disposition.
Svikhart & Associates assists Owners in each phase through the firm’s well-balanced blend of 40 years of experience in commercial real estate.
Acquisition Phase
Dave Svikhart has underwritten over 1,500 multifamily properties and has acquired 10,000+ units. He has directed and participated in all levels of valuation, due diligence, underwriting, finance, title, and closing.
Svikhart & Associates brings expertise in assisting clients during the Acquisition Phase with all aspects of due diligence and underwriting, including valuation, return on investment, budget preparation, market and submarket analytics, capital expenditure evaluation, operations review…and much, much more.
The firm strongly believes that the ultimate success of an investment in a multifamily property is established at acquisition.
Ownership Phase
Multiple factors affect the success of a multifamily investment during the Ownership Phase. Asset management encompasses the entire scope of a multifamily owner’s investment with the objective of minimizing risk while safeguarding and improving the profitability and value of the investment. Asset managers are extremely strategic by nature.
Successful multifamily ownership depends on a variety of factors. During the Ownership Phase, the Owner undertakes on-going investment analysis, disciplined budgeting, critical operations review, focused landlord/resident relationships, rent comparable updates, deferred maintenance management, capital expenditure analysis, and market timing regarding a potential sale of the property.
For many multifamily owners, the purchase of their property is the single largest investment most make in their lifetime. Doesn’t it make sense that Owners should completely understand how their investment is performing and what might be done to improve the performance and profitability of the investment?
Svikhart & Associates assists Owners with the entire range of asset management functions resulting in improved property performance and increased property value.
Disposition Phase
The second most crucial decision an Owner makes, after deciding to buy the property, is determining when to sell. Any number of factors influence this decision, ranging from where the market is in the current real estate cycle to an owner’s need to capture the equity in the property.
Svikhart & Associates helps Owners in being strategic relative to the sale of their property. A variety of analytics are engaged in defining the best time at which to sell including, property performance evaluation, buy/sell market trends, buyer loan options, capitalization rate review, long/short term return on investment analysis, tax consequences, and overall return on investment
When the Owner’s investment goals have been achieved, Svikhart & Associates assists Owners with valuation, listing, sale, and disposition of the asset with the goal of realizing the highest possible price coming from the most qualified buyer.
Svikhart & Associates works with Owners on all aspects of the disposition, including but not limited to:
⦁ Preparation of a marketing strategy
⦁ Creation of a comprehensive marketing package
⦁ Implementation of a digital and direct mail marketing campaign
⦁ Preparation and management of buyer due diligence
⦁ Defining and managing the property inspection process
⦁ Managing and directing the closing process
Fiduciary Responsibility
With each term and regardless of the circumstances under which Svikhart & Associates is engaged, nothing comes ahead of the fiduciary role and responsibility of Svikhart & Associates…not profit, not self-preservation or self-interests. We will always do what’s in our client’s best interest.