The 90-day period surrounding the time a management company takes over a new asset can be harrowing—fraught with potential mistakes and miscalculations. By applying the sound advice offered by panelists Barbara Savona, CEO, Sprout Marketing, and Jeffrey Weissman, Executive Vice President, The Lynd Company, given during “From Pro Forma to Performance: How to Make Your New Asset Hum in the First 90 Days,” operators and staff will experience a cleaner, stress-free transition.
You must assume all data is suspect, Savona says. “Errors aren't necessarily due to malice or mean intent, it might just be that the data was wrong from the get-go and no one bothered to check and verify it.”
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