Question

Commercial real estate returns are determined in no small part by how well the ongoing management function is performed. Management decisions can be classified into two categories: property management and asset management. Which of the following functions would be considered a primary responsibility of an asset manager?

Answer 1

Answer:

A. Property acquisitions and dispositions

Explanation:

Asset management can be described as the direction of all or part of a client's portfolio by a financial services institution, in most cases an investment bank, or an individual. These Institutions or individual usually offer investment services along with a wide range of traditional and alternative product offerings that might not be available to the average investor.

In real estate an asset manager is more responsible towards Property acquisitions and dispositions.

He looks out for new properties that can be acquired, subsequently he sources for an appropriate buyer to acquire the property from him or his organization.

Answer 2

Answer:

Hi your question lacks the required options here are the options

A. Property acquisitions and dispositions

B. Marketing a property to prospective tenants

C. Maintaining the condition of the property

D. Signing leases

Answer : Property acquisitions and dispositions ( A )

Explanation:

the primary responsibility of an Asset manager is the acquisition and disposition of assets on behalf of an investor.like the acquisitions of landed property for private and commercial purpose and also the disposition of assets turned liability on behalf of a real estate investor.

Commercial real estate companies are companies involved with the property management and asset management of real estate investors. they are professional who help investors manage their properties and assets to yield a good return on investment.