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REAL ESTATE ADVISOR


Location
Alaska
Publication Date
08/23/2019 03:27 PM EDT
Closing Date
09/13/2019 04:00 AM EDT
Issuing Organization
Alaska Mental Health Trust Authority
Solicitation Number
Description

Specifications include, but are not limited to: The successful offeror shall develop a budget and business plan for the seven (7) properties listed in Attachment 2 and provide advice to the Trust and its asset managers on the implementation of the plans as needed. The advisor will not manage the investments. A. Budget Preparation In conjunction with the Trust asset managers and external property management and leasing teams, provide strategic direction on the preparation of a comprehensive annual operating budget, and update annually, including but not limited to: 1. Revenue based on in-place leases and new lease-up assumptions including associated capital requirements, concessions and timeframes; 2. Fixed and variable operating expenses detailing the underlying assumptions; 3. Capital expenses; and 4. Property goals and objectives for the year.

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