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 |
|