Real Estate Management Services
The quality of the day-to-day management of your property can help assure the creation of equity and income in virtually any market environment...or result in severe difficulties and stress.
That is why J.L. Krinsky & co. is sought after as a manager of real estate. While managers can provide some of the services listed below, few can provide such a wide range of experience and fewer do so with the professionalism and integrity of J.L. Krinsky & co.
We offer the following real estate services:
Supervise and control the maintenance of the building(s) and parking lot.
Negotiate and implement service contracts for:
Snow removal
Parking lot maintenance
Interior and exterior maintenance
Garbage removal
Security systems
Lawn and shrub maintenance
Mechanical, electrical, HVAC and other systems
Provide routine maintenance checks of the property in such areas as:
Lighting
Signage
Common area general appearance
Deferred maintenance
Illegally parked cars
Fire hazards in common areas
Obtain insurance policies for the property in the following areas: fire, public liability, property damage, supplementary, other.
Advertising and Promotions:
Develop opening day celebrations
Work with advertising and public relations firms and with tenants to develop special cooperative promotions.
Provide suggestions to occupants for specific store promotions as appropriate.
Finance and Accounting:
Utilize state-of-the-art computer systems to:
Maintain all books and records of property
Prepare, for review and approval, the property's annual operating budget
Provide information to accountants for preparation of year-end financial statements and tax returns
Bill tenants and collect rents, charges, special assessments, etc.
Collect amounts in arrears and initiate legal proceedings where appropriate
Pro-rate and bill tenants for taxes, insurance and similar charges and escalation costs
Pay invoices for property operations, materials, supplies, payroll, etc.
Pay charges for service contracts, utilities, taxes, insurance and permits
Leasing and Related Activities:
Assist owner in leasing and re-leasing a property including:
Provide current market data describing competitive properties
Advertise and publicize vacant space through selected media and work with brokers and owners as appropriate
Negotiate lease renewals, together with the property's attorney and its owners
Work with defaults, desertions, seizures etc. in close coordination with appropriate professionals
Maintain records and schedules describing tenant activities and operations
Planning and Evaluation:
Develop, monitor and re-evaluate long range plans to meet owner's investment objectives
Identify financial opportunities for ownership
Prepare feasibility and financial analyses
Assist in obtaining planning/zoning approvals/variances
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