The challenge
The client’s $65 million institutional real estate portfolio consisting of 17 properties was not being managed professionally and needed income optimization and asset repositioning.
The solution
Plante Moran Realpoint Investment Advisors (PMRIA), formerly Plante Moran REIA, assisted the client in creating a long-term portfolio and property strategy. Our team began the process of repositioning the assets to meet the client’s newly identified goals.
The benefit
The initial results include stabilizing income streams at each property and identifying assets for disposition and reinvestment. When complete, the total asset value is expected to be more than $100 million.
