Financial Administration

Commercial Property Management

• Prepare annual budgets and leasing plans. Prepare monthly financial reports including operating report (income & expense), balance sheet, rent roll and tenant summary. Collect rental income, deposit fees, concession income and other revenue. Initiate collection action as necessary.
• Account for and bank all funds received from the Property and make payment of operating expenses in accordance with the approved budget and management agreement.
• Maintain constant surveillance of actual and committed expenditures to assure efficient control over operating account disbursements.

Please contact us directly for a more detailed overview of all of the services and duties performed in each of the above areas. Please contact Bob Tait at Broadstone Real Estate at 287-6465.