Property Management
SERVICES PROVIDED
- Conduct weekly site visits to assess property maintenance and vendor quality of service.
- Inspect and inventory all existing systems, tools and supplies to assess their useful condition and life expectancy.
- Track and implement requisite project improvements such as tree trimming, slurry seal/parking lot repairs, painting of project, etc.
- Immediately handle any issues relating to emergency services (24 / 7), project repairs, personal injury, etc.
- Evaluate and facilitate suite turnovers and suite modifications according to current best market practices.
- Work with architects, engineers, city ordinances, contractors, etc., in regard to major property improvements and/or modifications.
- Conduct thorough credit qualification and applicant screening checks.
- Review and maintain as-built drawings and architectural renderings for city inspections and certificate of occupancy applications.
- Negotiate all potential and current tenant leasing transactions, from initial inquiry to lease execution.
- Maintain a consistent dialogue with tenants to enhance relationships and resolve any issues in a timely manner to ensure tenant satisfaction and retention.
- Satisfy any tenant related issues.
- Ensure that lease provisions regarding suite and common area maintenance are monitored and followed.
- Establish an "open communication" and caring relationship with each individual tenant.
- Create annual property budgets and assess capital improvement projects.
ADMINISTRATION
- Create tenant monthly tenant billing statements and records.
- Generate tenant lease abstract forms and lease term analysis spread sheets.
- Track and implement specific negotiation line items such as tenant credits, CPI / fixed rental increases, etc.
- Maintain vendor information, including: workers compensation, insurance, invoicing, and payables.
- Maintain tenant insurance certificates, business licenses, and certificates of occupancy, account payables/receivables, monthly/annual CAM reconciliations, and monthly bank statements.
- Generate quarterly distributions to ownership. Prepare year - end summaries for tax preparation purposes as well as maintain equity accounts.
- Maintain CPI (Consumer Price Index) schedule, rent rolls, annual insurance & property tax spread sheets.
- Manage all tenant insurance certificates and ensuring that all information is up - to - date.