Fractional Asset Management for Retail Portfolios
Institutional Operations, SOPs & Portfolio Oversight for Independent and Institutional Retail Owners
Ownership-side asset management and operating oversight for an ongoing role or a defined engagement.
ENGAGEMENT MODELS
The right level of involvement.
30-Day Operating Assessment
FIXED FEE, DEFINED SCOPE
A clear read on how the portfolio is operating before you commit to anything ongoing.
Learn moreTargeted Engagements
FIXED FEE
Recovery reconstruction, reporting builds, SOP documentation, property manager performance review.
Learn moreInterim & Project Asset Management
DEFINED SCOPE, FIXED FEE OR DAY RATE
Senior capacity for a transition, an underperforming asset, or a role that needs to be covered.
Learn moreFractional Participation
TYPICALLY ONE TO THREE DAYS PER WEEK
Ownership-side asset management, covering property manager oversight, reporting, budget and recovery performance, and capital project oversight.
Learn moreTHE ROLE
Ownership-side oversight, between you and the property manager.
For independent owners and institutional platforms that need senior asset management judgment their team doesn't have the experience or bandwidth to provide.
Kinerson Group brings experienced ownership-side perspective to the operations of retail portfolios: helping to build the documented processes the portfolio runs on, evaluating the people and workflow already in place, and constructing the financial reporting an owner needs to see the portfolio as a whole rather than a stack of unrelated properties.
OWNERSHIP PROBLEMS
Where portfolios start to show the cracks.
These show up as a portfolio grows and the operation does not grow with it.
- 01
Nothing is comparable across the portfolio.
Every property reports differently. Ownership cannot rank assets, identify the underperformer, or make capital decisions on evidence.
- 02
The operation lives in one person's head.
Nothing is documented, so a departure or a generational handoff takes the operating knowledge with it. Lenders and buyers discount an asset whose operations cannot be handed over cleanly.
- 03
Nobody is grading the property manager.
The property manager runs the properties and reports on their own performance. Without independent ownership-side review, problems surface late and cost more to fix.
- 04
Recovery leakage never surfaces.
Most reporting cannot show the gap between what the leases allow an owner to recover and what actually gets collected. Expenses coded to the wrong account, stale pro-rata calculations, and eligible costs left out are income the owner is entitled to and never sees.
These are the same issues that get priced into a refinance or a sale.
CAPABILITIES
What the role covers.
Operating Processes & SOPs
Documenting how the portfolio runs so the operation does not depend on one person's memory, and so it survives a hire, a departure, or a sale.
Learn morePortfolio Reporting
Consistent ownership reporting that makes properties comparable and shows the portfolio as a whole.
Learn morePeople & Workflow
Evaluating the team, responsibilities, and property management function from the ownership side.
Learn moreFinancial & Budget Review
Budgets, assumptions, and recovery performance, including the caps, exclusions, and co-tenancy-driven pro-rata shifts that retail leases turn on.
Learn moreCapital Oversight
Ownership-side participation when capital projects need senior attention.
Learn moreEXPERIENCE
Institutional experience, applied to independent portfolios.
Chris Kinerson has spent more than 20 years leading national retail portfolios, institutional client relationships, and third-party management platforms, reporting directly to ownership groups including AEW, UBS, Heitman, MetLife, PNC, Principal, and Barings.
The standard doesn't change with the size of the portfolio.
More about Kinerson GroupGET IN TOUCH
Have a portfolio issue worth discussing?
Let's start with the situation you're dealing with.