One of our most important tasks is to preserve and protect our clients’ capital. To accomplish this, HL Commercial Property Management uses a state of the art management software system. We also maintain hard copies of all leases, invoices, and other significant management documents. All client funds are maintained in a real estate trust account which is subject to strict laws and regulations administered by the California Bureau of Real Estate.
Records Management System
HL Commercial Property Management’s software system allows us to offer a multitude of specially tailored reports to our clients, including the ability to generate spreadsheets which can be exported to your accountant. With this system we are also able to track all
income and expenses for your property, manage late rent charges, budget and reconcile NNN/Common Area Charges, and track rent increases and lease expirations.
We Provide Trust Fund Management and Accounting
Rent collection
Payment of all property expenses
Preparation of 1099 forms
Tailor-made reports
Monthly income and expenses
Budget comparisons
Year to date accounting
Year end totals
Monthly and year-end ledger reports
Leasing Brokerage Services
What We Do For You
In addition to property management services, HL Commercial Property Management offers leasing services for commercial properties through our general brokerage, HL Commercial Real Estate. Our goal is to provide a directed marketing plan that will lease the property in the shortest possible time at the highest possible price. We realize that to do this our first step is to be completely honest with our clients abut the conditions affecting the value of their property. A custom marketing program will start with the design of how the information is to be disseminated to the public and brokerage communities. The plan will be initiated using mailings, internet, websites, proprietary data base directories in both the local and national marketplace, and other resources specific to the property.
Our leasing team will continue to promote the property during the marketing time generating as much interest in the property as possible. We are constant touch with a wide variety of national, regional, and local tenants.
Negotiation & Lease Preparation
Once a proposal is received, the leasing agent will negotiate the lease terms, collect financial information to qualify the tenant, and prepare the lease in conjunction with the owner and their other representatives. The owner makes the final determination in the negotiated lease terms. Our company goal is to achieve the best lease for the owner.
HL Commercial Real Estate is familiar in most regionally acceptable lease forms, and can work with owners who use their own property specific lease form.
Our Property Management Services
We Provide Tenant Management
Tenant screening
24-hour point of contact
Negotiation of contracts, renewals and extensions
Buffer between owner & tenants
Service of notices
Supervision of eviction actions
We Supervise On-Site Managers
Set up reporting procedures
Regular site visits and communication
Periodic on-site review of records
We Assist You During the Sale of Your Property
Schedule appointments with tenants for showings & regular sale inspections
Escort potential buyers through the property
Suggest improvements to increase value & marketability
We Provide Maintenance, Repair and Improvement Management
Scheduling and obtaining estimates for repairs
Supervising janitorial & landscaping services
Regular drive-by & move-in/move-out inspections
Assist fire, city & pest control inspectors
Arranging preparation of units for occupancy
Obtaining estimates & supervising improvements
Advising the client of economical improvements to enhance property value