Cumberland Advisors can manage day to day economic features relating to your real estate investment.
This type of asset management and counseling allows your company freedom from the hassles of daily
economic management.
FACILITIES AND PROPERTY MANAGEMENT:
The key to successful facility and property management is accommodating tenants' needs effectively and
efficiently while maintaining a clear direction of the owner's goals. We will be proactive in protecting
your land or facility, thereby protecting your investment and enhancing the value of your property.
* Comprehensive lease review, analysis and abstract for quick reference.
* Periodic review of lease charges (rent & reimbursable expenses) to ensure consistency with
lease terms.
* Negotiate contracts for routine services such as:
1. Janitorial Services
2. HVAC system maintenance (and replacements)
3. Security/access control system maintenance including installations and upgrades)
4. Trash removal
5. Landscape and irrigation maintenance
6. Elevator maintenance
7. Parking facilities maintenance and operations
8. Life Safety Systems maintenance
* Establish, coordinate and maintain relationships with local vendors such as:
1. Plumbers
2. Electricians
3. General maintenance & Repair contractors
4. Snow and ice removal contractors
5. Roofers
6. Painters
7. Carpet cleaners and installers
8. Utility providers
* Solicit, negotiate and manage insurance contracts to ensure appropriate coverage for each site,
its contents and its liability exposures.
* Coordinate installation of special equipment integrated with the tenant improvements.
ASSET MANAGEMENT:
In order to maximize profit and ensure continuity of the investment strategy of the individual
members of the ownership entity, information and counseling should be provided on a routine basis
that incorporates property specific information and interpolates this data within the overall text
of the market place and established trends. Trends and anticipated changes in the supply/demand
dynamics of the marketplace, as well as changes in the macroeconomic forces relative to interest
rates, availability of mortgage capital and other related parameters need to be assessed periodically.
This function should be coordinated with the day-to-day operations and construction of the project.
* Supply/Demand statistical analysis.
* Mortgage & equity capital search.
* Review, negotiate and recommend selection of capital sources.
* Proforma & budget analysis (construction cost & operations).
* Negotiation and recommendation to Client of the following Lease parameters:
1. Rate, Term, Escalation
2. Tenant Improvement Allowance
3. CAM Charges, or Expense Stops
4. Term
5. Credit risk of Tenant
* Periodic review of capital markets and impact on the subject property.
