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meet Daniel Daniel is passively investing in multifamily and wants to be more informed on the processes involved he begins to wonder what an asset manager does Daniel is informed by Tim that unlike a property manager who oversees the day-to-day operations an asset manager is responsible for the big picture the asset manager is involved in the underwriting to disposition and their primary role is to assist in all aspects of the administrative financial operations and capital of a property Daniel asks what kind of tasks these will be Tim explains that an asset manager will execute property level strategies and make well-timed investment decisions for their clients they must ensure that property managers are meeting the goals and objectives set by the owners approved the propertys annual budgets and consistently monitor the propertys performance Tim says that an asset manager must maintain a very consistent relationship with the property management team to keep track of a propertys mai
