Property management
is the backbone of Coldwell Banker Commercial Real Estate Services'
business and is the most important service in terms of impact
on the preservation of invested capital
The Property
Management function, when properly performed, not only preserves
the investment but also optimizes the economic opportunity of
its owner(s). This includes maximizing the cash flow and increasing
the net value of the investment. Too often companies consider
property management as only a care-taking function. Coldwell Banker
Commercial Real Estate Services takes an active, hands-on approach
in each property with the utmost in individual attention.
Keeping in
mind that all properties are not created equal, and all owners
have different goals and requirements, Coldwell Banker Commercial
Real Estate Services has developed its management program with
four basic criteria:
- Concern
for the Client's Objectives
- Flexibility
- High Standards
of Professionalism
- Innovation
Coldwell Banker
Commercial Real Estate Services goes beyond the traditional property
management function of collecting rents and paying operating expenses.
By the use of sophisticated accounting systems, Coldwell Banker
Commercial Real Estate Services makes every effort to keep the owner
informed - in a format that he can understand and use. The client
is kept informed of changing rental markets, prevailing economic
trends and needed maintenance via the monthly narrative attached
to each financial statement. Communication is a major service of
Coldwell Banker Commercial Real Estate Services
When a property
is assigned to our portfolio, procedures are immediately initiated
to:
- Determine
client's objectives
- Abstract
existing leases
- Inventory
vacant space/units
- Evaluate
current accounts receivable
- Review
contract labor needs and competitive bid procedures
- Review
staffing needs and existing staff abilities
- Develop
tenant rapport
- Establish
marketing strategies
- Review
tenant mix and quality
- Review
and/or establish budgets
Property
Types Managed
- Office
- Retail
- Industrial/Warehouse
- Apartments
- Homeowner Associations/Condominiums
Contact
information for the Property Management Division of Coldwell
Banker Commercial Real Estate Services
Phone:
303-830-8301
Fax:
303-830-8302
