Question

Real estate asset managers perform certain functions that would not be expected of asset managers who deal with stock and bond portfolios. Which of the following functions would you expect both asset managers in real estate as well as stocks/bonds to perform?A) find specific assets in which the owners/client can investB) monitor asset performanceC) negotiate the acquisition price of assetsD) oversee due diligence and closing

Answer 1

Answer: B. Monitor asset performance.

Step-by-step explanation:

A real estate manager performing function as a asset manager, the function he is expected to performed as both is "monitoring assets performance".

Just keeping track of assets as they come, is part of monitoring. Asset performance means a business ability to take operational resources, manage it and produce profitable returns. It is used typically to compare a company's performance against its competition over time.