Nuts and Bolts of Asset Management
1 Badger Rd
Framingham, MA 01702
Due to the ongoing COVID-19 pandemic, this event is restricted to persons who will be fully vaccinated by April 12th, 2022. Please check the box during registration if you are vaccinated. You will be required to present your vaccination card for entry into the venue.
Please Note: MKI will be observing additional COVID-19 safety protocols on the day-of the event. We are continuing to monitor the pandemic, and will be following CDC guidelines.
Nuts and Bolts of Asset Management is an interactive and engaging course designed for housing practitioners and board members. The course includes an overview of key property asset management concepts, theories and responsibilities, including:
• The double bottom line concept of affordable housing ownership – the theory of steering properties toward both business and mission-based goals and outcomes.
• Key asset management functions and responsibilities through the life stages of property – planning, construction, lease up, operations and disposition – with a focus on the critical interrelationship between these stages.
• Basic number-crunching of key property performance indicators designed to increase understanding of these indicators, as well as their relationship to financial and operational health and long-term viability. This includes revenue, occupancy, expense and financial ratios as well as trend projection analysis.
• Training on the review and analysis of property financial reports and property/partnership audits as well as best practices for tracking, measuring and assessing progress toward key operational and financial performance.
This course is a great orientation to the subject and is perfect for new employees, board members, people with new asset management duties, property managers, and executives who supervise asset management.
The session includes numerous individual and group exercises and case study, including a half-day group case study of a property “workout” where participants will map out the recovery of a troubled property.
Training registration includes lunch and morning refreshments on each day of training. Make sure to reserve your spot today!
Jack Geary has over 35 years of asset management, property management and real estate development experience in the not-for-profit and public sectors. A former public housing resident, Geary is the retired director of operations for the Cambridge (MA) Housing Authority, and is the former director of management for the San Francisco Housing Authority, director of Urban Edge Property Management (Boston), and property manager and director of senior housing at Boston Housing Authority. Since 1994, Geary has worked as a consultant and trainer for various public housing authorities and nonprofit owners of affordable housing. His educational background includes Senior Executives in State and Local Government Program at Harvard University’s Kennedy School of Government, and a MS from the University of Massachusetts, John W. McCormack Institute for Public Management.
Regular: $399; MACDC Member: $250; Groups/Student/Americorps/Intern: pricing available upon request