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Capital
Budgeting

  • Budget Planning for Retrofits:  Our team can partner with your Asset Management staff to help derive a comprehensive capital budget forecast which can help inform what to put into your capital budget requests for retrofits in the year ahead. We can generate reports that show the NOI from the investment to help with your underwriting. 

  • Budget Planning for New Construction: Given the long cycle times from site plan approval, to architectural plan approval and permitting you need the confidence on what your technology stack will cost for your project. Our comprehensive discovery work will provide you with the correct numbers to factor in for your Smart Property Technology CAPEX and ongoing OPEX. We will also discuss procurement options that allows you to combine or front-load OPEX into your construction budgets if desired. The same NOI report can be provided for giving return guidelines that can be built-in to your financial models. 

Capital Budgeting
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