By working smarter and leveraging our extensive network and experience, Ascension maximizes the value of a development—not only in terms of economics, but what it can offer to investors, businesses, residents and the community as a whole.

Pre-Construction Phase

The successful operation of a real estate asset is the key to its value. This process starts at asset acquisition or upon completion of the development process. Turning over the asset to the operating management team is a critical step in unlocking a property’s cash flow potential. We ensure that the property is in a “rent or sale ready” condition when accepted and help our clients establish initial and ongoing rental rates and sales prices. We assist our clients in selecting the most qualified maintenance personnel and outside service providers to ensure that the property continues to achieve its highest rental rates and sales prices. Services provided include:

  • Project Planning
  • Team Selection
  • Procurement and Supply Chain Management

Construction Phase

  • Quality Control
  • Project Monitoring
  • Safety and Compliance
  • Stakeholder Communication
  • Financial Management

Post-Construction Phase

  • Occupancy or Sales Planning
  • Marketing and Sales/Leasing
  • Facilities Management
  • Customer Service
  • Documentation and Reporting
  • Technology Integration
  • Community Engagement
  • Risk Management
  • Sustainability Practices
  • Exit Strategy Execution

Effective operations management is an ongoing process that requires adaptability and proactive problem-solving. Regularly assess the performance of the development against established goals and make adjustments as needed to ensure long-term success. Open communication, strategic planning, and attention to detail are key to effective operations management in vertical development.