asset-and-property-management

 

Asset and Property Management Service

Power Investment Real Estate (RE), Inc., apply a comprehensive, proactive approach to the commercial properties we manage, integrating tenant retention strategies, onsite physical maintenance, and financial support services to maximize investment revenue. At Power Investment Real Estate (RE), Inc., we believe in treating tenants as individuals with respect, courtesy, and professionalism. We view tenant concerns as challenges with achievable solutions and we understand the importance of controlling operating expenses by competitively bidding out service contracts and repair work.

Power Investment Real Estate (RE), Inc., currently responsible for the sales, acquisitions, leasing, and investment of retail and commercial properties in Sacramento, Placer, El Dorado, Sutter, and San Bernardino counties totaling some ±330,000 square feet of developed space and ±15 acres of land under development. These equate to an overall portfolio with an estimated $108M in completed value under management.

Asset and Property Management Services

  • Professional and prompt response to tenant concerns and requests
  • Coordination of tenant improvements and the move-in process
  • Live customer service 24 hours a day, seven days a week
  • Onsite Physical Management
  • Routine maintenance inspections and site visits
  • Supervision of building maintenance staff
  • Contracting with and oversight of third-party service providers
  • Bidding, awarding, and monitoring repair and improvement work
  • Financial Services
  • Preparation and presentation of monthly financial reports
  • Creation of annual operating budgets
  • Negotiating complex lease, sale, and purchase transactions, including Internal Revenue Code 1031 tax-deferred exchange transactions
  • Lease administration
  • Acquisitions on behalf of ownership
  • Dispositions on behalf of ownership
  • Monthly rental billings and annual pass-through reconciliations
  • Rent collections, rent court filings, and evictions
  • Refinancing support, including Estoppel preparation and provision of historical and financial data
  • Preparation of year-end work papers for clients’ tax accountants
  • 1099 record keeping and reporting
  • Maintaining complete accounting and record-keeping data
  • Property tax appeals
  • Lease management

 

 

 

 

 

 

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