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COMMERCIAL PROPERTY MANAGEMENT SERVICES
- Emphasis on excellent tenant relations and retention
- 24 hour emergency call center and response
- Thorough property inspections
- Invoice tenants, collect rent and other charges
- Careful administration of lease terms and conditions
- Retail property CAM reconciliations, and percentage rent billing
- Coordination of routine maintenance and repairs
- Use of highly qualified and experienced vendors
- Aggressive procurement strategies for service and supplies
- Assistance in complying with governmental regulations
- Training and supervision of on-site personnel
Clients are kept informed of their property’s financial performance through concise, accurate and easy-to-read reports. Monthly reports are mailed to the owner by the tenth day of each month.
- Cash Flow Summary
- Property and consolidated operating statements detailing income and expenses for each month and year-to-date
- Budget comparison showing the month and year-to-date actual versus budgeted income and expenses.
- Bank Reconciliation
- Tenant Summary showing account balances, charges and payments
- Individual level and consolidated reports available for multiple properties
Tyco combines secure financial controls and information technology to deliver high level property accounting services, including accounts receivable, accounts payable, payroll and reporting.
- Accurate monthly billing
- Same-day deposit of all receipts collected
- Separate accounting of all funds held in trust
- Account reconciliation for checking and reserve accounts
- Careful review and payment of invoices for operating expenses, tax bills, and loan payment
- Payroll administration and filing
- Annual 1099 preparation and filing
- Comprehensive and accurate monthly financial reports