The primary role of asset management is to oversee the property in its entirety. These oversite task can range from financial accounting, liability coverages, legal framework and the management of internal/external vendors or other outsourced managers.
Additionally, a sub task for our asset management team is to provide property administration on behalf of the owners. This entails, as an example, the listing of property, property showings, tracking of leases, evictions process and rent collection. In cases when properties are held outside of our service area or require unique type of tenant management (industrial or commercial), outside property managers are utilized and overseen by the asset manager.