Property Management

Jul
26
Thu
Property Managers as Asset Managers @ The Washington Inn
Jul 26 @ 8:30 am – 4:00 pm

This class is for the property manager, supervisor and asset manager (working with low income housing tax credit properties) who wants to understand the decisions made during the development process and their impact throughout the life of a property.

This class introduces you to the development pro forma and the financial assumptions it contains. Exercises include calculating Vacancy and Delinquency Rates, Per Unit Costs, Net Operating Income and Debt Service Coverage Ratios.

We will focus on how to use monthly and yearly data to monitor the long-term financial health of affordable housing. Students should have a working knowledge of budgets and be able to complete basic math functions.

Each attendee must bring a calculator, pencil & paper to the class.

About the Speaker:Katherine Fleming is the Vice President of Portfolio and joined BRIDGE in 2014. Her team is responsible for maintaining BRIDGE’s portfolio of high quality assets and leading BRIDGE’s short- and long-term portfolio strategies, with particular concern for the financial, operational and physical health of the properties.

Ms. Fleming previously worked at RBC Capital Markets for seven years, most recently as Development Risk Manager, Vice President. There, she was responsible for a portfolio of approximately 25 properties under construction and lease-up, totaling over $280 million in equity investment and over 3,300 units.

You can register numerous people through this invitation. Click “Add a Guest” on the Registration screen. After completing the form, you can pay with a check or credit card.

Continental breakfast will be provided. Lunch is on your own.

PARKING & TRANSPORTATION:
• Parking lots at 8th &
 Washington ($15/day) and 8th & Clay ($10/day) are two short blocks away
(Street parking is NOT advised (high ticket potential) and more expensive for all day
• 12th Street BART Station is 2 blocks away.

Click here for complete details and online registration.