1Day-1 takeover & transitionshared across asset types
2Tenant & vendor onboarding — office
Critical services live?
Day-30 readiness met?
No →Escalate gaps. PM corrective action plan.
3Operational stabilization — office
OfficeOffice stabilization is dominated by re-leasing the rollover stack inherited at close. Every TI dollar, every leasing commission, and every month of downtime moves the held-period IRR.
Hold →Continue business plan. Re-evaluate annually.
Stabilized asset · hold or harvest
NOI compounding · Reserves funded · Lender in good standing · Exit thesis live
Manual workload — grouped by family
~465h total · 150 checkpoints
1Day-1 takeover & transitionshared across asset types
2Tenant & vendor onboarding — industrial
Critical services live?
Day-30 readiness met?
No →Escalate gaps. PM corrective action.
3Operational stabilization — industrial
IndustrialIndustrial post-closing is the leanest of the three asset types — most operating risk sits with the tenant under NNN. Landlord focus is on roof, slab, dock equipment longevity and tenant credit monitoring.
Hold →Continue business plan. Re-evaluate annually.
Stabilized asset · hold or harvest
NOI compounding · Reserves funded · Lender in good standing · Exit thesis live
Manual workload — grouped by family
~466h total · 152 checkpoints
1Day-1 takeover & transitionshared across asset types
2Tenant & vendor onboarding — retail
Critical services live?
Day-30 readiness met?
No →Escalate gaps. PM corrective action.
3Operational stabilization — retail
RetailRetail stabilization is the most active of the three asset types. Anchor health, co-tenancy compliance, percentage rent capture, and CAM reconciliation accuracy all require constant attention.
Key riskCo-tenancy monitoring — if an anchor goes dark or occupancy falls below threshold, inline tenants may invoke reduced rent or termination rights. Build the monitoring into the rent roll, not a side spreadsheet.
Hold →Continue business plan. Re-evaluate annually.
Stabilized asset · hold or harvest
NOI compounding · Reserves funded · Lender in good standing · Exit thesis live
Manual workload — grouped by family
~377.8h total · 151 checkpoints
1Day-1 takeover & transitionshared across asset types
2Resident & vendor onboarding — multifamily
Critical services live?
Day-30 readiness met?
No →Escalate gaps. PM corrective action.
3Operational stabilization — multifamily
MultifamilyMultifamily stabilization is unit-by-unit and turnover-driven. The active levers are loss-to-lease, renewal trade-out, turn time, and operating expense control — not single-tenant credit risk.
Key riskRenewal vs. turn — every move-out costs ~$1,500–$3,000 plus rent loss during downtime. Build the renewal pipeline review into the rent roll and start renewal offers 90+ days out.