When it comes to asset and property management, you want to minimize risk and maximize performance. Our asset management team has extensive experience in retail, office and residential markets, and we are strategic about helping clients develop a systematic approach to management. Our asset management team works in partnership with our property management team to simplify life for our clients, alleviate worries and handle the day-to-day details that increase efficiency.
We provide direct oversight to each property in a portfolio and maintain constant communication with local or on-site staff; indentify, secure and direct property management and leasing teams that are best suited for the asset; formulate strategic plans and operating budgets; define and implement owners' cash management strategies for surpluses and deficits; provide monthly financial reviews to ensure accurate reporting and compliance; and capitalize on real estate tax and insurance savings.
Furthermore, we use our extensive expertise and collaborative approach to offer clients an array of property management services, including:
- Rent collection
- Tenant correspondence/inquiries
- Site inspections
- Property maintenance
- Vendor bidding and selection
- Service contract negotiation
- Budget preparation
- Lease abstracting
- Rent escalations and annual reconciliations
- Preparation of monthly financials
- Variance reports