The midpoint of the year is an important time to check in on your property’s financial health.
The purpose of a mid-year report is to take a detailed look at where your property currently stands financially and operationally. You’ll want to know what has transpired over the past 6 months, and what is projected through the end of the year. A mid-year report will reveal how current figures are aligning with the objectives set forth in the budget report, and where corrective action is needed to stay on course. Mid-Year report season is the perfect time to check-in and ensure that the goals laid out in the budget come to fruition.
We take a look at the property from a variety of angles, providing a detailed account of the current finances: income, expenses, cash reserves, capital costs, sales figures, planned distributions, and more. Along with the financial data, we prepare an overview of the leasing activity at the property, as well as a summary of the latest leasing activity going on in the market. Property managers provide a summary of operations activity at the shopping center, detailing planned and completed facility maintenance projects.
Key Segments
- Leasing Activity Summary
- Estimated Sales Breakdown
- Market Competition Summary
- Operations Summary
- Financial Summary
- Reserves & Financing
- Variance Report
Owners will have one document in hand which includes the most up to date assessment of their property. It reveals where everything currently stands from both a financial and an operational perspective. The Mid-Year Report acts as a compass, ensuring you stay on course as budgeted, and provides an opportunity to “adjust the sails” if necessary.
Experience the Difference with Waters Retail Group. Contact us for more information on how we can best serve you and your investment property.
