- The Need
- Assist client in correcting inaccurate financial reporting, updating rent rolls, and reducing delinquencies, operating expenses and maintenance costs.
- The Approach
- Review all reports and compare research with actual tenants in place.
Perform a comprehensive lease analysis of all tenant files.
Review and re-bid vendor contracts.
Update all CAM recovery invoices.
Meet with delinquent tenants.
- The Results
- Reduced monthly operating expenses by 40%.
Resolved delinquencies with all tenants.
Produced new and accurate operating reports.
Assisted Leasing Agent with defining rent pricing strategy.