What Real Estate Asset Managers Do

Asset management is critically important to the success of many large real estate investors, yet it is often poorly understood by those working outside the field. The research presented in this combined asset management report sheds light on the various roles real estate asset managers play, as well as the ways in which they interact with property managers. 

The report digs deeper into the asset management functions identified in IREM’s research report “Real Estate Asset Management: A Process and a Profession,” drawing upon ongoing contributions from practitioners representing real estate investment and service firms in the United States. It was written by Dustin C. Read, Ph.D./J.D., as part of IREM’s Real Estate Asset Management Initiative. Dr. Read serves as an Assistant Professor of Property Management and Real Estate within the College of Liberal Arts and Human Sciences at Virginia Tech.