Action

This real estate developer engaged Silverback to identify and help implement strategic savings with the end goal to increase NOI. The developer determined it made better financial sense to outsource the cost savings initiative rather than try to do it themselves, especially with Silverback’s significant expertise.

Silverback’s subject matter experts collected and analyzed expense data across the property portfolio — reviewing more than 10,000 transactions from the previous 12-month period. The entire review and recommendation process, along with monitored implementation, had little drain on the client’s time and resources. With a deep knowledge base and a fresh perspective, Silverback helped the client realize significant savings across many non-labor expense categories.