Expert Property Management for Maximum Return on Investment
Owners handle property maintenance in myriad ways. Some do not believe in preventative maintenance and only deal with issues as systems fail. Some have a goal to maintain and enhance the value of the property while maximizing its income potential. Given current market pressures, most fall somewhere in between.
Often property owners charge a management fee to their properties and many outsource property management. While the management fee structures vary from property to property, so does the quality of services being provided.
Over recent weeks, our team and I have been touring facilities in the tri-state area hoping to identify quality properties to add to our portfolio. During our initial visits, we request access to inspect the roof, HVAC, sprinkler/risers, mechanicals, fire monitoring etc. Unfortunately, at many properties we have encountered numerous material issues and a severe lack of craftsmanship.
On one roof our team found a cracked skylight, clogged roof drains and significant water pooling, improper patches, spent HVAC parts, and spent refrigerant tanks rolling around on the roof that could damage the equipment, membranes and possibly blow off the roof.
In most cases, the property maintenance is being outsourced. I can only assume the contractors are counting on the property owners not to inspect the facilities themselves.
First started in the 1960s as Deeds Co., today Orscheln Properties Co. L.L.C. oversees more than 40 properties and nearly 200 leases throughout the Midwest. Given our 60 years of experience, we view property management through the lens of ownership. This ownership mentality provides a unique acumen and allows our clients access to our years of knowledge, expertise, and vendor relationships.
We provide clients with a dedicated, full-time property management staff, including property managers, design/construction services, maintenance staff, accounting, and more. Our comprehensive services include:
- Property Management
- Financial Management
- Asset Management
- Project Management
Our in-house services can be customized to accommodate the specific needs of our clients and ensure budget compliance.
Who benefits from our services? Commercial property owners, developers, banks, real estate brokers, and more.
Contact us today to learn how Orscheln Properties Co. L.L.C. can help your organization effectively manage your assets and increase your return on investment.
Property Management
- Short-term and long-term strategic planning
- Marketing/showing properties, negotiating leases
- Tenant relations (leasing, rent collection, handling concerns)
- Emergency response
- Vendor coordination
- General maintenance (electrical, plumbing, HVAC, etc.) ensuring repairs are completed in a timely and cost-effective manner
- Landscaping (mowing, trimming, etc.)
- Building inspections
Financial Management
- Annual operating budget
- Monthly reporting
- Accounts payable (vendor invoices, property taxes, etc.)
- Accounts receivable (collect deposits, rents, CAM, etc.)
- Property performance modeling, financial health assessment, stress testing
Asset/Risk Management
- Building Inspections (roofs, HVAC, sprinkler/risers, mechanical, etc.)
- Asset performance tracking/reporting
- Preventative maintenance planning
- Deferred maintenance prioritization and budgeting
- Capital improvement planning and budgeting
- Audit liability and safety concerns
Project Management
- Tenant improvement projects
- Cam/capital improvement projects (HVAC, Parking lots, roofs, other repairs, etc.)
- Design services TI/CAM (mapping spaces, drawings, etc.)
- Forecasting
- Compliance reports
Why use our Professional Property Management Services?
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Decades of Experience
With over 60 years in commercial property management, we bring unparalleled experience to your assets.
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Dedicated In-House Team
Gain access to a full-time staff handling everything from general maintenance and tenant relations to financial and project management.
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Proactive Property Oversight
Our qualified personnel conduct regular on-site inspections to assess asset performance and mitigate liability and safety risks.
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Trusted Vendor Network
Benefit from our established relationships with reliable contractors and vendors.
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Ownership Mentality
We manage your property through the lens of an owner, offering a unique perspective that maximizes your investment's potential.
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Customizable Services
Our in-house services are tailored to your specific needs, ensuring budget compliance and optimal performance.
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Advanced Asset Management
Our system tracks maintenance, prioritizes improvements, and aids in capital planning for your assets.
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Design & Construction Services
Our team provides expert design and project management for all tenant and capital improvement projects.
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Strategic Investment Guidance
We offer comprehensive analysis for new property purchases, 1031 exchange options, and general property investment consulting.
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Distressed Asset Solutions
For bank-held distressed assets, we can provide short-term management, marketing, and lease negotiation to prepare them for sale.
Custom Property Management Services
Contact us today to learn more about our customizable property management services.
