Increasing the Value of Commercial Real Estate

Increasing a commercial properties value is the owner’s ultimate goal and it doesn’t always mean you have to spend money to increase the value. NOI, or net operating income, is determined by subtracting the operating expenses from the gross operating income. A savvy property manager can find multiple ways to increase NOI while spending very little. 

Generating Value for a Managed Multifamily Property

Block Multifamily Group's (BMG) goal is to generate an increase in value for our managed assets. The increase in value for our managed multifamily asset lies squarely with the line item known as NOI (Net Operating Income). NOI is derived by subtracting your operating expenses (not including mortgage payments) from your Gross Income. Our topic is not about determining a purchase price for an asset, but to concentrate on items that “create value” or “create “an increase in the NOI.  This is the “line item” that all owners and clients focus on.

Adding Value: Block Technology Solutions

When hitting rough economic times, a company gains a competitive advantage by adding to their services while others cut back. Client services should be a low line item when trimming items out of the budget. Continuing to offer above and beyond service sets you apart from the rest. Seeking to provide further needed services to our clients and tenants,  BRES added a new division called Block Technology Solutions (BTS). This new division assists tenants in: consultation, planning, and installation services for voice, data, and security systems including servers, switches, routers, workstations, access systems, and security cameras/monitoring. BTS also leverages significant relationships with local telephone, cable and wireless providers resulting in improved response time for installations and loss of connectivity repairs.

These services help make our clients' lives easier and in the case of Pinnacle Construction Group; help get the job done.