Your buildings, reviewed as one portfolio
Advisory asset management for owners of one to twenty buildings.
A property manager keeps each building running day to day. Often nobody watches the whole set: which leases roll in the same year, which loan matures first, which tax notice deserves a second look. That is our work, done in writing and alongside the manager you already have.
Five buildings, five separate calendars
Each building has its own lease dates, loan terms and tax notice, often kept by a different person. The risk sits where they overlap: two large leases and a loan maturity landing in the same year. Nobody sees it until that year arrives.
What you can decide with it
A score per building
Value range, lease roll, debt maturity and tax class rated for each property, weakest first.
The crowded years, shown
Where lease expirations, option notices and loan maturities pile into the same twelve months.
Three paths, priced
Hold, sell or refinance compared over five years with your actual debt terms.
A written next step
Which building to fix, renew, refinance or sell first, with the reasons and risks set down.
Four ways to start
Portfolio health check
Each building scored on value, lease roll, debt and tax, with the weakest one named first.
Hold, sell or refinance analysis
Three paths priced over five years with your loan terms, ending in a recommendation.
Asset management retainer
Quarterly reports, the portfolio calendar, budget reviews and oversight of your property manager.
Scoping call
Talk through the buildings and the decision ahead, then receive a fixed-fee quote in writing.
What every portfolio engagement includes
Document inventory
Leases, loan papers, tax notices and manager reports collected per building, with every gap listed.
One portfolio calendar
Lease, option, loan and tax notice dates for every building, kept in one place you can see.
Manager report review
Your property manager’s statements and budgets read against the leases, with our questions put in writing.
Second reader
A second person checks every score, date and dollar before anything leaves the office.
Decision memo and call
A memo with the recommendation, the risks and next steps, and a call to walk through it.
Example: four inherited buildings, three states
Three siblings in three states inherit four Wyoming properties: a 6,000 square foot office in downtown Sheridan, two 10,000 square foot industrial buildings in Cheyenne and an eight-unit apartment building in Laramie. A portfolio health check shows one industrial loan maturing in 14 months, the same year the office’s two largest leases end. The memo recommends renewing the office tenants first, then pricing a refinance against a sale before the loan date.
- Turnaround
- 15 business days
- From
- $2,500
Indicative price
Indicative, from$2,500
Per portfolio for the health check, fixed fee, indicative. Every proposal is fixed-fee and itemized.
Portfolio questions, answered
Is this property management?
No. Wyoming statute (section 33-28-102) defines property management as managing real estate for another for compensation, including collecting rents, maintaining the property and accounting for fees received. Clover State does none of that. Our work is advisory asset management: reporting, strategy, calendars, budget review and oversight of the managers you hire.
Do we keep our property manager?
Yes. Your property manager keeps collecting rents, holding deposits, showing space and handling tenants. We work alongside them: we read their reports and budgets against the leases, put questions in writing and tell you where the numbers disagree. If you manage the buildings yourself, the advisory work is the same.
Why look at loan dates now?
Because a maturity forces the hold, sell or refinance question on its own schedule. The Mortgage Bankers Association reports that seventeen percent ($875 billion) of the $5.0 trillion in outstanding commercial mortgages held by lenders and investors is scheduled to mature in 2026. The health check puts each loan date beside the lease roll, so the decision starts early.
How does the retainer work?
The asset management retainer is from $1,500 per month, billed monthly, and can be ended with 30 days’ notice. It covers a quarterly report, the portfolio calendar, budget review and oversight of your property manager. Existing portfolio clients reach the team at management@cloverstate.com.
How many properties can you cover?
The health check is from $2,500 for up to five properties; larger portfolios get a written quote after the scoping call. The work is sized for owners of one to twenty commercial buildings in Wyoming and northern Colorado, and out-of-state owners work with us by document review and video call.
Is this investment or tax advice?
No. Portfolio here always means real estate, and our recommendations concern buildings, leases and debt. Entity structure, depreciation, exchanges and estate planning are questions for your CPA or attorney, and we are glad to send them our memo. Stocks, bonds and other securities are out of scope.
Put every building on one page
Tell us about the property and we will say plainly whether portfolio management is the right place to start.