By Mike Ballard This year was certainly abnormal for budget planning due to the pandemic. It’s not prudent to base 2022’s budget based on 2021 actuals. Despite the not-so-average year, we’re only two months away from 2022, which means your 2022 property budgets should be nearly finished by now. Are they? If not, there are […]
How do You Know if Your Employees are Committing Fraud?
By Mike Ballard Determining if fraud has been-or is being-committed at your properties can be difficult find and uncover. Even when they suspect something isn’t right, many property owners will often overlook red flags until the amount of money stolen is significant enough to cause them severe financial issues. How can you tell if an […]
What ‘The Last Blockbuster’ Teaches Adaptation and Innovation
By Mike Ballard When is the last time you visited a movie rental store? It’s likely been more than 10 years. I remember going to Blockbuster with my family when my children were little to pick out our Saturday night movies. The kids always cared more about the snacks than picking the movies! My kids […]
Ascent Multifamily Budgeting Bootcamp – October 2020
Are you looking to make your property budgeting more effective and enjoyable? Want your people to take more ownership and use the budgets throughout the year? We have been presenting our 2021 Budgeting Boot Camp to many of our clients, and they are loving the process. An accurate annual budget is one of the most […]
Ascent Multifamily Breaks into Inc 500
Ascent Multifamily Breaks Into Top 500 in 2020 Inc. 5000 Fastest Growing Private Companies Las Vegas firm ranks No. 374 with a growth rate of 1,218 percent Inc. magazine announced today that Las Vegas-based firm Ascent Multifamily is No. 374 on its annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies. […]
Texas-Based Developer on the RISE
Ascent Multifamily is pleased to note the recognition of our client, RISE Residential, as the nation’s second largest affordable housing developer. Affordable Housing Finance published a profile on the company last more. Read the story here.
Section 45L Energy Tax Credit Renewed Retroactively
The real estate industry was rewarded this week with the passing of new tax legislation that extends several real estate-related tax provisions through the end of 2020, such as the section 45L tax credit for construction of new energy-efficient homes and the section 179D tax deduction for energy-efficient commercial building property. This bill also makes these tax incentives retroactive […]
Succeeding with Limited Resources, According to ‘Moneyball’
One of my favorite films is the Brad Pitt movie Moneyball, because it serves as a wonderful case study to showcase that, if a leader wants, he can look at challenges as opportunities and come up with unconventional solutions. It shows how an open-minded leader with limited budget valued the importance of data to assemble […]
Trial by Fire: One Client’s Journey to Becoming Her Own Boss
Leaving the security of a steady paying job to start your own company is not an easy decision. There’s a lot more to becoming your own boss than we think and the risk is substantial. But what about the dream? What is a dream of leading your own company if you never bring it […]
Make Your Own ‘Field Of Dreams’
“If you build it, they will come.” Made famous in the renowned motion picture “Field of Dreams,” this iconic phrase depicts an admirable work ethic that is applicable to life beyond the screen. Field of Dreams, which celebrates its 25th anniversary this year, is certainly an entertaining movie for baseball aficionados, but it also offers a […]
