The Year of the Asset Manager

Kent Elliot is a Principal at RETS Associates, a real estate recruiting firm. On June 4, 2023, he wrote, “Demand for asset managers is so high that our firm has seen executive searches in the asset management sector triple over the last year.” The reason? Multifamily investors and operators not focused on acquisitions due to changes in the capital markets and acquisition volume. Makes sense to me. Focus on improving your product so that when the dust settles and properties begin coming to market they will their ”best foot forward.” Elliot correctly points out that astute asset managers can help to improve cash flow in any number of ways. Highly recommend reading the article as it addresses many of the issues on which Svikhart & Associates focus in bringing improved property performance to its clients.

Svikhart & Associates, a Salt Lake City-based real estate services company, focuses on asset management and all aspects of a multifamily investment. Specific diligence is on property operations and strategies to maximize asset performance and value. Additionally, the firm assists owners regarding economic, financial and market factors that impact returns on investment. The firm targets ‘Mid-Tier’ assets (10-to-60-unit properties) and provides a full range of brokerage services for property listing and sale.

Please find us at or contact us at 801-550-5684 to learn about the real estate services the firm provides. To subscribe to the firm’s newsletter addressing events of the day please follow this link Newsletters.

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