REAL ESTATE ASSET MANAGERS

What is a real estate asset manager? Do property managers ever give advice on selecting and purchasing investment properties?

Some property and real estate managers, often called real estate asset managers, act as the property owners' agent and adviser for the property. They plan and direct the purchase, development, and disposition of real estate on behalf of the business and investors. These managers focus on long-term strategic financial planning rather than on day-to-day operations of the property.