Reviewing and Analyzing Property Financial Reports
Structure of Course:
• Preliminary online session discussing subject concepts, training, formulas (where applicable) and best practices.
• Provide participants with a case-study type set of exercises to complete independently. Independent work is designed to reinforce and build on the training provided in the preliminary online session.
• Follow Up Session to review case study exercises, review any new issues that arise from case study.
Overview of how to review property financial reports to ensure that they are a valuable tool for property and asset management planning and operations. Workshop includes review of typical property financial report with analysis of key balance sheet, and operating statement indicators, including vacancy and collection, operating costs and debt coverage ratio. Workshop also covers hard and soft debt, trend analysis, cash flow calculations and introduces the difference between cash basis and accrual financial statements.
Workshop will include two 60 to 90-minute online sessions, with participants completing a mini-case study financial report analysis exercise on your own in the week between the online sessions. and introduces income and expense. Instructor will remain available to participants for questions during the case study. Participants will receive PDF booklets for both sessions and mini-case study booklet.
Jack Geary has over 35 years of asset management, property management and real estate development experience in the not-for-profit and public sectors. A former public housing resident, Geary is the retired director of operations for the Cambridge (MA) Housing Authority, and is the former director of management for the San Francisco Housing Authority, director of Urban Edge Property Management (Boston), and property manager and director of senior housing at Boston Housing Authority. Since 1994, Geary has worked as a consultant and trainer for various public housing authorities and nonprofit owners of affordable housing. His educational background includes Senior Executives in State and Local Government Program at Harvard University’s Kennedy School of Government, and a MS from the University of Massachusetts, John W. McCormack Institute for Public Management.
See the companion Asset Management Course with Jack Geary HERE.