Determining when a property should be sold is based on a rigorous hold/sell analysis. We complete a qualitative and quantitative measurement of each property, the local market environment, and the investment criteria impacting asset performance over various holding periods. These results are evaluated against the client’s investment objectives. Our asset management team formulates a recommendation to sell an asset and presents it to the portfolio advisor and Investment Committee for approval.
Assets are reviewed yearly for disposition in conjunction with the annual business plan and internal valuation or external appraisal. The analysis is updated throughout the holding period, and the status is reviewed quarterly.