Asset Management

As manager, VESTN spearheads ongoing property operations and oversight - collecting rents, addressing maintenance, managing budgets, monitoring valuations, and pursuing initiatives to increase value over time. Investors avoid landlord duties while earning yields.

Specialized personnel oversee aspects like:

Tenant Management Attracting and onboarding tenant residents, marketing vacancies, screening applicants, administering leases.

Maintenance Performing unit and common area repairs, upholding quality standards, preventative maintenance to prolong integrity. May use outsourced vendors for specialized needs.

Enhancements Seeking incremental improvements via renovations, expansions, or expense optimizations to increase net operating income.

Revenue Management Tracking market rent valuations, property benchmarks, and demand drivers to optimize rental pricing and occupancy for maximizing returns.

For hotel properties, maintenance is shifted to the professional operator while VESTN collects rental income. This makes VESTNs approach even more hands off.