Portfolio
Management Services
City Life Property Development &
Management offers consulting services as a client’s real estate
portfolio manager. When engaged as a client’s real estate
portfolio manager CityLife’s initial focus is on developing a real
estate portfolio strategy that would, in the most financial return
maximizing manner, leverage a client’s equity (cash investment) to
generate significant returns on cash invested.
To start this partnership, CityLife and a client would form a
limited liability company (LLC). The ongoing purpose of the LLC
would be to engage in real estate investment activities such as the
acquisition, development, and sale of real estate. The sole
responsibility of the client would be to supply seed money for real
estate investment projects and, when necessary, sign for debt that
CityLife has secured to finance projects. CityLife’s responsibility
is to provide the managerial labor and technical expertise necessary
to develop and execute a business strategy that would maximize the
portfolio’s financial returns.
To
provide these services, CityLife charges an annual fee (to be
determined) based on some percent of the value and cash flow
CityLife has created for the client. Therefore, the client pays no
out of pocket fees for CityLife’s services.
CityLife
Property Development and Management will hire other CityLife
affiliates and associates to provide necessary services for the
operation of the real estate investment LLC and also service its
assets at additional cost classified as an operating cost of either
the asset or the LLC. These ancillary services include real estate
law, property management and book keeping services.
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