Asset Management

Facility asset management is the fiduciary responsibility of managing the venue to meet the specific objectives of ownership. Often utilized in the private sector for commercial and lodging real estate, a growing number of publicly owned facility owner's are retaining asset management services to help analyze the performance of their operations and the building asset at the property level. IFG senior executives provide asset management advisory services so clients can have a greater insight into the market and operational challenges of their venues, operators and tenants.

As complex, market-sensitive, capital-intensive and personnel intensive operations, public assembly facilities require continuous, objective oversight of ongoing operations to obtain optimal financial and operational performance. IFG's operations, team ownership and marketing experience positions the company well to achieve the individual goals of facility owners.

• We tailor our services to client needs and cultivate a professional working relationship with the on-site management team and operating company executives.
• We monitor and evaluate tenant, user and patron satisfaction levels to ensure a high level of repeat business.
• We benchmark management's activity and progress and help the Owner develop metrics to measure their achievement of the Owner's goals.
• We closely monitor facility operating expenses to ensure effective cost-containment practices are in place, that operating expenses are inline with comparable properties and industry standards, and that the property operator is maximizing cash flow.
• Additionally, IFG is available for periodic advice on specific issues ranging from employee recruiting, input on marketing and operator incentive plans, labor issues, secret shopper reports, to annual budgeting and strategic planning.  

Our staff is well seasoned in front and back-of-the-house operational, marketing, revenue generation and financial aspects of both the public assembly and hospitality industries, and as such, IFG is versatile enough to accomplish any task efficiently and cost-effectively.