Benefits and Services of Professional Management

The Benefits of Professional Management

All Clients

will benefit from:

  • Maximizing Asset Value, by:
    • Maximizing useful life through proper maintenance
    • Utilizing current market research to keep rents and operating costs in line with market levels
    • Ensuring leases are triple net and that they are up to date with current legal standards
    • Using regional purchasing power to reduce operating costs
    • Recovering all amortizable expenses
  • Creating an Information Firewall between Tenants and Owners, ensuring:
    • a strong negotiation position for lease negotiations
    • that leases are enforced, with no handshake agreements
    • that all tenants are treated equally and professionally, with no favouritism nor special treatment
  • Reducing the likelihood of having operating cost calculations audited by national tenants; and, in the event of an audit, ensures compliance with the Lease terms
  • Facilitating annual financial audits for corporate oversight

Private Investors

will also benefit from:

  • Maximizing Asset Value, by:
    • Maximizing useful life through proper maintenance
    • Utilizing current market research to keep rents and operating costs in line with market levels
    • Ensuring leases are triple net and that they are up to date with current legal standards
    • Using regional purchasing power to reduce operating costs
    • Recovering all amortizable expenses
  • Creating an Information Firewall between Tenants and Owners, ensuring:
    • a strong negotiation position for lease negotiations
    • that leases are enforced, with no handshake agreements
    • that all tenants are treated equally and professionally, with no favouritism nor special treatment
  • Reducing the likelihood of having operating cost calculations audited by national tenants; and, in the event of an audit, ensures compliance with the Lease terms
  • Facilitating annual financial audits for corporate oversight

Real Estate Management Services

Asset & Portfolio Management

Definition:

The role of the asset or portfolio manager is to maximize the value of a portfolio of properties within the objectives of the Client.

  • Strategic Roles:
    • Determining ownership objectives
    • Developing an asset plan
    • Implementing the plan and creating value
    • Meeting ownership objectives
  • Supervisory Roles:
    • Managing the audit process
    • Overseeing the leasing team
    • Overseeing property management
    • Overseeing tax and assessment appeals
    • Negotiating insurance policy rates
  • Advisory Roles:
    • Managing acquisitions and dispositions
  • Financing Roles:
    • Determining the optimal capital structure to maximize value
    • Managing the financing process

Property Management

Definition:

This is the operation, control, and oversight of real estate investments.

  • Tenant Relations and Retention
    • Acting as point of contact with the Tenants
    • Acting as the Owner's representative
    • Managing tenant satisfaction
    • Enforcing lease covenants
  • Portfolio Accounting and Reporting
    • Customized monthly reporting
    • Comprehensive financial statements
    • Annual budgeting
    • Automated rent collection
    • Efficient bill payment
    • Regular distributions to Client accounts
  • Leasing
    • Conducting lease renewals
    • Working with designated leasing agents
    • Conducting thorough tenant screening
  • Lease Administration
    • Lease and renewal document preparation
    • Timely collection of delinquent rent
    • Reconciliation of annual rental charges to lease terms
    • Reconciliation of budgeted operating costs to actual
    • Thorough electronic record keeping
  • Building Operations
    • Conducting regular site inspections
    • Developing preventative maintenance programs
    • Tendering and negotiating supplier contracts
    • Securing energy incentives
    • Monitoring the performance of all service providers
  • Project Management
    • Tenant Improvement oversight
    • Landlord Improvement management
    • Special asset improvement projects

Consulting

Definition:

Customized solutions for particular Client needs.

  • Construction management
  • Acquisition or Disposition management
  • Due Diligence consultation
  • Lease analysis
  • Tenant representation

Case Studies