Raise your building's NOI before a lender or a buyer sets its value for you
I am Shafiq Hirani. I advise small and mid-sized apartment owners in Washington DC, Virginia, and Maryland. The work is raising net operating income (NOI), cutting wasted expenses, and positioning a building for a stronger refinance or sale.
Get a read on your buildingTrack record
225+
Owners helped improve NOI
75+
Apartment buildings sold
155+
Refinances positioned
35+
Years in real estate
The market stopped covering the difference
Rising values used to hide weak operating performance. Higher interest rates ended that.
Your next lender and your next buyer both price the building on the net operating income it produces today, from documents they can verify.
A broker who tells you to wait for the market to come back is asking you to sit out a repricing that already happened.
You are in one of these four situations
You own one apartment building or several, in your own name or through an LLC.
- Your loan matures inside the next two years.
- Insurance, taxes, water, and payroll have climbed faster than your rents.
- You are weighing a sale and want to know what the building would sell for on today's numbers.
- The building already runs well and you want the next layer of upside.
Three ways I work with owners
NOI Optimization and Expense Review
Read the income and expense lines a lender or a buyer will price, then work them in an order that holds up.
Sale Readiness and Disposition Advisory
Get the building, the numbers, and the document file ready before a buyer's underwriter reads them.
Refinance Positioning
Work the numbers your next lender will size the loan on, while those numbers can still change.
Read before you decide
The Insights Hub covers net operating income, refinance timing, sale readiness, and the DC-specific version of each question.
Who reads your numbers
Commercial Real Estate Advisor and Broker with RE/MAX Distinctive Commercial, licensed in Washington DC, Virginia, and Maryland. CCIM, MBA, and Professional Engineer.
Start with your own numbers
Send the property address and your last twelve months of operating statements. I read them before we speak.
Get a read on your building