Strategic Consulting
Helping implement strategic plans by leveraging financial and operational perspectives across your organization.
02 / How PMG can help
PMG takes a very personal approach with each of its clients. 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?
03 / 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 is to just reduce “expenses” not nearly enough.
Improving operations is not a one step process. It is a continued effort that calls for improvement of people, processes, specific 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 in the result of continuous process improvement throughout your organization.
Automating Workflows
Streamlining repetitive tasks
Supporting Your Team
Empowering employee efficiency
Managing Employee Time Efficiently
Optimizing time management
Utilizing and Implementing Technology
Leveraging modern solutions
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
- Property Tax Reduction
- Consulting Services
- Assessment Appeal
- Property Tax Data Review
- Tax Projection
- BOE Filing
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 is never set in stone—as long as you take full advantage of your right to challenge an unfair assessment.
Let our experts conduct a no assessment work for you. We will conduct a free comprehensive analysis of your portfolio’s property tax, including new construction and acquisition tax analysis.
Finance
- Acquisition Due Diligence
- Franchise Selection
- Property Improvement Planning
- Capital Improvements & Renovations
- PIP & ROI Analysis
- Revenue Management
- Financial & Accounting Services
- Operational Efficiency – All Departments
- Facility Management & Preventative Maintenance
- Hotel Technology – Property Management Software Implementation, Property Internet, Wireless Cabling
- Management Agreement & Incentive Management Fee Structure Evaluation
- Contract Reviews and Negotiations
Complete real estate holdings require the skills of experienced professionals to oversee them in order to meet financial needs. We can provide assistance and the know-how needed to make the right financial decisions.
PMG has cultivated numerous relationships with private and institutional lenders to meet your financial needs. We can provide financial knowledge to help guide you to find the right financing, make the best decisions and undertake better property transactions.
If you have mortgage escrows or security deposit holdings require the skills of experienced professionals to oversee them in order to meet financial needs, 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, Motels, Resorts, Inns, Wellness Centers, and Hospitals — buildings with multiple dwelling units, high quality rooms, an extremely extensive list of building amenities and services, as well as revenue from other sources of amenities such as banquet, rooftop, spa, health club and much more — require an advanced and detailed approach for building, owning, and operating excellence.
Hospitality properties need knowledge and experience for managing and creating lasting value. PMG has the hospitality building experience and functional knowledge that spans the entire life cycle of a hospitality asset. To operate a hospitality building you need more than an occupancy certificate and rooms to sell, you need operating vision and expertise.
