Property Management

Maximize Investment Returns/Minimize Risk

  


Our primary goal as a commercial property management company is to maximize the net operating income for each property we manage. We respect our fiduciary obligation to the property owner and are  committed to increasing the assets value. Successfully managing the day-to-day operations of single and multi-tenant commercial properties is no simple task, but as your agent, we will manage your property as if it were ours! We offer a full-line of property management services for office, retail and industrial properties: 





Tenants


We placed “Tenants” at the top of the list of services we offer because in today’s market, tenant relations and retention are of utmost importance! In addition, we have a national platform to attract national credit tenants along with regional and local businesses to fill any vacancies.





Financial


· Prepare annual budgets and monitor  variances on a monthly basis


· Prepare multi-year cash flow projection incorporating the rent roll and future cash flow expenditures


· Prepare monthly Balance Sheet and Net Operating Income Statement


· Maintain general ledger and monthly reconciliation of the bank statements


· Collection of rent/receivables and payment of invoices


· Prepare and submit sales tax returns


· CAM reconciliation, allocation and billing





Administrative


· Administration of tenant leases and maintaining accurate rent roll


· Coordination, supervision and inspection of repairs and maintenance


· Maintain permanent records and reports


· Assist in ad valorem tax disputes, cost segregation programs and anything else that is required





Vendors


· Negotiate competitive  pricing of service contracts


· Check references and ensure proper liability insurance is maintained


· Perform routine property inspections of vendor’s workmanship





Sales and Leasing


· Marketing your property for sale or lease


· Finding a suitable tenant or buyer from our extensive database and national network of fellow brokers will be utilized





As your property management company, Madison & Hoyt will exceed your expectations.  We have since 2004! Call us to discuss your property management needs.

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