Svikhart & Associates is a specialized real estate services firm with over 40 years of experience in the commercial real estate sector. The company focuses on the 'Midrange Tier' of apartment properties in Utah, targeting assets with 10 to 60 units. This segment is often underserved by traditional real estate advisory firms and brokerages, and Svikhart & Associates provides tailored support to help property owners unlock their true potential through comprehensive property and asset management.
The firm's expertise encompasses three critical phases of real estate investment: Acquisition, Ownership, and Disposition. In the Acquisition Phase, Svikhart & Associates leverages extensive experience in underwriting multifamily properties, having analyzed over 1,500 properties and acquired more than 10,000 units. They assist clients with due diligence, valuation, investment return analysis, and market evaluations, establishing a crucial foundation for successful investments.
During the Ownership Phase, Svikhart & Associates offers asset management services to minimize risks and enhance profitability. Their strategic approach includes ongoing investment analysis, disciplined budgeting, and operations reviews, focusing on landlord-resident relations and property performance. The firm believes that owners should fully understand their investment's performance to make informed decisions that can improve profitability.
In the Disposition Phase, the team aids owners in determining optimal selling times and executing sales strategies to achieve the best possible return on investment. This involves comprehensive market analysis, preparing marketing strategies, buyer due diligence management, and coordinating the closing process.
The firm prioritizes fiduciary responsibility, ensuring client interests always take precedence over profit or self-interest. This commitment to integrity is a core value of Svikhart & Associates, making them a trusted partner for multifamily property owners seeking to optimize their investments.