Uncategorized - Lexcraft Advisors

How to Offboard a Portfolio Property Using Property Management Software

July 7, 2025December 18, 2024 by Mike Zane

Image of an apartment complex being transported on a flatbed truck down a highway at high speed

Key Takeaways: Offboarding a portfolio property involves removing the asset from active management while maintaining key data for historical and operational purposes. The offboarding function is most commonly used when a property is sold or transferred to a different management company. Offboarding and tenant move-out processes serve distinct purposes in property management software, and sponsors … Read more

Communication Between Private Equity Sponsors and Property Managers Improves Investor Reporting

July 7, 2025October 28, 2024 by Mike Zane

Key Takeaways Private equity real estate sponsors often struggle to gather structured and accurate information from property managers, leading to delayed and erroneous reporting. These parties specialize in sourcing investments, raising capital, and managing physical assets, but they typically do not have the resources or bandwidth to allocate to data collection initiatives that are crucial … Read more