Process Scope of Services

Environmental Audits Environmental Assessments Property & Asset Management
Pomroy Associates combines extensive experience in property management, financial reporting, leasing, marketing and space planning to provide its clients with a full range of proactive management tools essential for the successful and profitable operation of commercial, retail or residential income properties. Consistent with an individual clients needs and formats, Pomroy Associates will provide detailed financial and property management information as often as the client desires. Additionally, monthly financial statements and property manager’s status review letters are prepared and forwarded to the client. As a property manager, Pomroy Associates is also available to the client for leasing, marketing, space planning and construction management to assist the client in maintaining leased and profitable income property.

Typical Property & Asset Management responsibilities include:
Lease administration and enforcement
Coordinate tenant related functions, move-ins and problems
Collection of rental income and managing delinquencies
Management of the property maintenance functions and physical condition of the property
Institute preventative maintenance programs
Develop and operating budget
Maintain operating and bank accounts
Payment of the operating costs, mortgage payments, tax payments and partnership/owner distributions
Establish and maintain a revenue and expense reporting system and provide monthly updates
Establish and maintain net operating income forecasts