The Process of the CAM Audit
Why is a CAM audit important? As an owner, your goal is to maximize your return on investment – which includes optimizing cost sharing with your tenants. Although common area…
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Five Commercial Property Management Myths Disproved
Don’t Be Fooled… From handling the day-to-day operations to tenant sourcing and screening, the fact is that a good commercial property manager, for many busy owners, is a true lifesaver.…
Real Estate Market Analysis: Its Importance and Process
Many real estate investors fail to recognize the importance of the market analysis. Whether they lack the skills and knowledge to complete the market analysis or just don’t understand the…
How to Create an Effective Vendor Management Process
A key factor in any successful commercial real estate business is the vendors the stakeholders work with. However, many business owners underestimate and underinvest in the management of their suppliers.…
How to Establish a Positive Relationship with Your Tenants
While keeping tenants happy and satisfied is critical to the success of any investor, one of the common mistakes that owners make is failing to foster a great working relationship…
Benefits of Hiring a Professional Property Management Team
Whether you’re interested in a future venture of investing in commercial real estate or you currently own commercial property and would rather have someone else handle the details, you should…
Essentials for Successful Leadership in Construction Management
Good construction management is the process by which a project is brought to a successful conclusion. But without a good construction manager, even a well planned project can fall apart…
How to Properly Prepare an Operating Budget
In this post we outline key financial components that should be analyzed and assessed to properly prepare an operating budget for a commercial property. This is no easy task, and…