| name | build-the-asset-plan |
| description | Sequence lease rollovers, recovery improvements, and capex against a quarterly NOI target so a held asset tracks (or beats) its acquisition underwriting. Reach for this once an asset is owned. |
Skill: Build a NOI-growth asset plan
An asset plan turns the underwriting thesis into a dated operating sequence with NOI checkpoints.
Step 1 — Set the NOI target
Anchor to the acquisition model's NOI path; every quarter has a number to hit.
Step 2 — Sequence the levers
Order lease rollovers, recovery/expense-stop improvements, and capex by NOI impact and dependency (§3 #7).
Step 3 — Decide lease-up vs strategic vacancy
For each rollover, compare a fast fill at a low NER to holding for better credit/term (§3 #5).
Step 4 — Instrument the variance
Track realized vs underwritten NOI quarterly; name each variance as a leasing, opex, or recovery story.
Output
A dated asset plan with quarterly NOI checkpoints, a sequenced lever list, and a realized-vs-underwritten variance tracker.