STRATEGIC CONSULTING
Helping implement strategic plans by leveraging financial and operational perspectives across your organization.
How PMG can help
PMG takes a very personal approach with each of its client. We first understand each client’s specific investments goals and objectives, and based on those objectives we provide a unique strategy. We work with private investors, high net worth individuals, PE firms, as well as institutional investors. Our objective is to provide the most intelligent solutions and build a long lasting relationship with each of our clients.
As experienced real estate advisors, PMG can assist you in answering the following questions:
- What are the appropriate revenue and profitability targets for my business?
- How can I build and secure liquidity, managing between finance and operations?
- How can I seize growth opportunities and competitive advantage?
- How can I better anticipate and adapt to digital transformation?
- How can I implement technological modernization of my business operations?
Operational Efficiency
Why is Operational Efficiency Important?
A business’s operations include all the things it does to create products or services. If your operations aren’t efficient you could be wasting money and effort. Efficient operations are cost-effective, reducing waste while maintaining quality and service. You can trim costs, however, the aim to just reduce expenses is not nearly enough.
Improving operations is not a one step process. It is a combined effort that calls for improvement of processes, people, financials, and technology. There is no secret remedy that can correct your operations and turn your business into a well-oiled machine overnight. Eventually, the financial viability of projects and services depends on the balance of all elements and is the result of continuous process improvement and processes are at the core of operations. Here are a few steps PMG can help you implement throughout your organization:
- Automating Workflows
- Supporting Your Team
- Managing Employee Time Efficiently
- Utilizing and Implementing Technology
Businesses in 2020 and beyond will require anticipation of market changes and adaptation of operations to forge pathways towards success. PMG can assist your organization optimize operations to meet today’s ever changing market.
Property Tax
Taxes are still one of the certainties in life, but the same can’t be said for the amount of taxes paid. Thanks to the property tax appeal process, valuation amounts are never set in stone—as long as you take full advantage of your right to challenge an unfair assessment.
Let our experience within the NYC Assessment Department work for you. We will conduct a free comprehensive analysis of your portfolio’s property tax, including new construction and acquisition tax analyses.
- Property Tax Reduction
- Assessment Review
- Assessment Appeal
- Property Tax Data Review
- Tax Projection
- RPIE Filing
Finance
Complex real estate holdings require the skills of experienced professionals to oversee them in an efficient and streamlined manner.
PMG has cultivated numerous relationships with private and institutional lenders to meet your financing needs. We can provide assistance securing acquisition and construction loans or refinance an existing property or portfolio. We’ll work closely with you to help you find the right funding, make the best decisions and undertake better transactions.
If you have mortgage escrows or security deposit holdings with a bank, we can review them to confirm completeness and accuracy. On occasion, banks miscalculate funds needed for insurance or property tax escrows, so we are here to ensure the bank refunds any excess funds not required.
HOSPITALITY CONSULTING
Hotels, mixed-use developments and restaurants is where our team has a deep understanding of the complexities of building successful hospitality ventures. Contact us for assistance on your next hospitality venture.
- Acquisition Due Diligence
- Franchise Selection
- Property Improvement Planning
- Capital Improvements & Renovations
- Asset Disposition
- Revenue Management
- Financial & Accounting Services
- Operational Efficiency – All Departments
- Facility Management & Preventative Maintenance
- Hotel Technology – Property Management Software Implementation, Property Intranet, Websites, SEO
- Management Assessment & Organizational Development
- Contract Reviews and Negotiations
