Asset Management
What Is Asset Management?
Asset Management is the strategic oversight of a real estate portfolio to ensure long-term performance, physical integrity, and regulatory compliance. At Simple, we develop and implement customized asset management plans to help Owners and Developers maximize financial returns, maintain high-quality properties, and mitigate operational and compliance risks throughout the life of each asset.
Why Do You Need an Asset Manager?
As your affordable housing portfolio grows, so does the complexity of managing it. A dedicated asset manager helps protect your investments and supports strong performance across your portfolio by:
Managing construction delays and equity pay-ins
Maintaining file and program compliance
Tracking occupancy, revenue, and operating expenses
Supporting lease-up and monitoring adjusters
Ensuring timely stakeholder reporting
In the Low-Income Housing Tax Credit (LIHTC) industry, each property represents a multi-million dollar public-private partnership. Developers and owners make critical commitments to investors and agencies regarding performance, compliance, and long-term housing stability. With so much at stake, professional asset management is not just helpful—it’s essential. Simple provides the expertise and safeguards your investments demand.
Our Core Asset Management Services
Financial
Oversight
Analyze monthly financial statements
Review annual audits
Evaluate and advise on annual budgets
State Agency Compliance
Submit Annual Owner Certifications
Complete HOME program and financial reporting
Respond to ad hoc compliance requests
Manage annual agency fees
Investor and
Lender Reporting
Prepare and submit compliance reports
Submit initial tenant files and documentation
Additional Services
Capital
Improvements
We monitor and help plan for capital needs across your portfolio to ensure long-term viability.
Repositioning
Strategies
We evaluate recapitalization, refinancing, re-syndication, and disposition options to unlock value in aging assets.
Risk
Management
We help protect against threats that can impact your bottom line, including noncompliance, market shifts, and insurance claims.
Why Choose Simple?
Compliance Confidence – We’ve streamlined the asset management process to ensure your portfolio remains in good standing with all stakeholders.
Scalable Support – If your portfolio isn’t quite ready for a full-time asset manager, we provide the expert support you need—right-sized to your operations.
With Simple, you gain peace of mind knowing your assets are in capable hands, so you can stay focused on growth and opportunity.
Request a Proposal for Asset Management Services
Complete this Portfolio Intake Form to receive a proposal for services.