This class is PART ONE in receiving your Asset Management Specialist Certificate

Nuts and Bolts of Asset Management is an interactive and engaging workshop designed for housing practitioners and board members. The course includes an overview of key property asset management concepts, theories and responsibilities, including:

  • The double bottom line concept of affordable housing ownership – the theory of steering properties toward both business and mission-based goals and outcomes.
  • Key asset management functions and responsibilities through the life stages of property – planning, construction, lease up, operations and disposition – with a focus on the critical interrelationship between these stages.
  • Basic number-crunching of key property performance indicators designed to increase understanding of these indicators, as well as their relationship to financial and operational health and long-term viability. This includes revenue, occupancy, expense and financial ratios as well as trend projection analysis.
  • Training on the review and analysis of property financial reports and property/partnership audits as well as best practices for tracking, measuring and assessing progress toward key operational and financial performance.

Audience: This course is a great orientation to the subject and is perfect for new employees, board members, people with new asset management duties, property managers, and executives who supervise asset management.

Instructors: Jack Geary, Jack Geary Consulting; Juana D. Mejia, JDM Consulting Services

Timing: On-demand at your own pace. 11 hours with exercises and test.

Learning Objectives:

  • Examine the relationship between the various life stages of an affordable property and how an owner’s actions make an impact.
  • Apply the concept of asset management, double bottom line management, and examine the differences between property management and asset management.
  • Identify the key elements of predevelopment planning, including basic real estate development planning assumptions, project feasibility, and underwriting tools.
  • Examine key performance measurements such as vacancy rates, debt service coverage ratios, and trend analysis.
  • Recall how to use performance measurements and standards to strengthen property management oversight and plan for success.
  • Examine an overview of Low Income Housing Tax Credits.
  • Evaluate financial reports and audits, and understand how to use the information to help manage.
  • Apply best practices in developing internal and external reporting systems that keep the Board and senior staff informed while also motivating staff toward outcome-based management.
  • Examine the importance of completing, utilizing, and updating a Capital Needs Assessment (CNA).


Valuable on its own, Nuts and Bolts of Asset Management is also the first of three courses required to earn a career-changing Asset Management Specialist designation.

Definitely time well spent.