Asset Management & Construction Management Workshop

The Housing Network of Rhode Island is pleased to host Kelli Peyton and John “JW” Wilhoit of Cap Ex Advisory Group, bringing a combined 60+ years of experience, for a solutions-focused, informative, and interactive in-person workshop with an opportunity for one-on-one discussions.

Asset management and capital planning work together to create sustainable environments. These professional specialties offer opportunities for proactive and planned operations, budgeting, and financing across an entire portfolio.

Improvements to property operations enhance marketability and the resident experience. Appropriate capital planning allows real estate to align with organizational mission. Asset management services should create revenue and/or savings that exceed the fees paid for services through four primary approaches:

1. Expanding existing revenue by identifying new revenue sources from current real estate holdings.
2. Controlling expenses by identifying cost savings that reduce recurring annual expenses.
3. Planning for capital expenditures by taking a long view of real estate’s useful life and planning for sustainability in advance of need.
4. Limiting exposure by proactively identifying risks to people and/or property and taking tactical actions to reduce these risks.