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Real estate services

The right operating model starts with the asset

HOMA assesses, launches and operates income-producing assets: from a single apartment to a whole building.

The HOMA method

Assess, launch, operate

  1. 01

    Assess

    We analyse the asset and local demand, define the business plan and choose the operating model. If the model doesn't hold, we don't proceed.

  2. 02

    Launch

    We build processes and commercialisation, activate suppliers and services, and bring the property to income.

  3. 03

    Operate

    We oversee demand, properties and communities, with continuous reporting and operational coordination.

  • Assess: reading the asset and demand.
  • Launch: income generation and services.
  • Operate: long-term oversight.

Why buildings stay empty

Regeneration happens one building at a time

With land take at a standstill, the work concentrates on the existing stock: historic buildings, often subject to heritage constraints, for which general rules cannot carry a single asset's business plan. Many stand still for this reason: the capital needed for renovation finds no activity able to pay it back.

On a constrained building, the permitted use is often the variable that decides whether a scheme is feasible: HOMA starts from the function and the operating model, and only afterwards defines the real-estate and architectural project. Turning a monastery or a barracks into a student residence requires this order: it is HOMA's everyday work.

Illustration: key handover in front of a renovated apartment building

Technology and AI

The competitive edge is in the processes

Behind every property works a team with specific competencies: building management, technology, operating processes, administration, maintenance and resident management. Commercialisation, contracts, collections and maintenance are processes run by people: digital tools and artificial intelligence make them faster and lower the coordination cost of every property.

It is what lets us run more projects at once without losing oversight, and sustain over time the effectiveness and performance that carry the investment and secure the return.

Apartments and small assets

Professional management for units and distributed portfolios

Illustration: apartments managed as a network across the city

For individual apartments and small portfolios, HOMA assesses four elements: local demand, the property's characteristics, the reference market and occupancy potential. Assets can join the distributed campus and access commercialisation through Cercoalloggio.com.

  • Gestione Integrata or selective Rendita Garantita
  • Commercialisation through Cercoalloggio.com
  • Operational oversight and reporting

All three links lead to Cercoalloggio.com, for apartment owners.

Buildings and major projects

An operating partner for owners, funds, SGRs and investors

Illustration: city block with a project starting and figures reviewing plans

Many large buildings stay vacant because no one knows what to do with them: the capital needed to renovate them finds no activity able to pay it back. For owners, funds, SGRs, banks and pension funds with buildings above 1,000 square metres, HOMA reads the dual destination (students during the academic year, short-stay guests or seasonal workers in the months of lower demand), designs the operating model and takes on management through Gestione Integrata or Rendita Garantita. HOMA also provides asset management, connecting real estate objectives with operating results.

Obtained PNRR funding for student housing? See how we run subsidised student housing

  • Feasibility and operating business plan
  • Launch and income generation
  • Asset, property and community management

Models and responsibilities

Two models, clear responsibilities

For apartments and small portfolios, these are two different ways of sharing risk: Rendita Garantita (rent guaranteed by the operator) transfers it to HOMA, while Gestione Integrata leaves it with the owner, who pays only a fee on the contract. The choice depends on the asset, demand, and how much risk the owner wants to keep.

Access to Rendita Garantita: at least four rooms, two bathrooms, an eat-in kitchen, the property in good condition, in a city that hosts universities or major companies. The contract runs eight years, on a 4+4 structure.

Gestione Integrata (management contract)
Value for the owner
The owner improves occupancy and revenue, gains access to HOMA's data and tools, and keeps the upside of management.
Who bears the operating risk
The owner retains occupancy risk; HOMA is accountable for management quality.
What HOMA does
Handles commercialisation, property and community management on behalf of the owner or project vehicle.
When it fits
When the owner wants a direct link to revenues while delegating operations.
Rendita Garantita (guaranteed rent)
Value for the owner
The owner receives a return defined by the contract; the operating costs set out in the contract are borne by HOMA.
Who bears the operating risk
HOMA takes on the occupancy and management risk, together with the costs set out in the contract.
What HOMA does
Leases the property and takes on full management, from commercialisation to day-to-day operations.
When it fits
A selective model: proposed when asset, demand, business plan and contract term make it sustainable.

Asset management

HOMA supports the design and oversight of the project, connecting real estate objectives and operating results.

Coordinated services

Facility management is coordinated by HOMA and delivered through partner suppliers, with defined scopes and responsibilities.

First step

Submit a property or project

Share the essential information so the HOMA team can direct the initial assessment and next steps.

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