At Engstrom Properties, Inc., understanding the important role proficient asset management plays in an investment property is essential for ownership of each investment. We apply a thorough, proactive approach to the commercial properties we manage, integrating financial support services, tenant retention strategies, and onsite maintenance to maximize investment return.
Financial Services
- Preparation and presentation of monthly financial reports
- Creation of annual operating budgets
- Monitoring cash management activity
- Distributing funds
- Rent and Triple Net collections
- Lease supervision and administration
- Proforma comparison of lease proposals
- Support in refinancing
- Lease management
- Preparation of year end figures for clients’ tax accountants
- 1099 record keeping and reporting
- Property tax appeals if applicable
Tenant Retention Strategies
- Prompt and professional response to tenant concerns and requests
- Available for customer services 24 hours a day, seven days a week
- Coordination of tenant move-in process
- Assisting in tenant improvements if necessary
Onsite Maintenance
- Routine site visits and maintenance inspections
- Supervision of property maintenance staff
- Bidding, awarding, and monitoring repair and improvement work
- Contracting with and overseeing third-party service providers