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Property
Management
We are responsible for
the physical operation of every property. We are expeditious
in conducting inspections and responding to tenants, staff,
and prospective tenants. Our property managers visit properties
frequently, sometimes daily, assuring prompt response,
and ensuring daily and proactive maintenance.
Leasing
and Marketing
We employ property management
Professionals who have a very high level of skills and
abilities to understand the intricacies of property management
and leasing. We find that strong landlord representation
by SUHRCO, coupled with a direct marketing approach, produces
the best lease-up and continued occupancy. This ensures
that long-term relationships between clients and tenants
are established.
All our managers are employed full-time, on a salaried
basis—which we have found avoids some of the
conflict when properties are listed on a commission-only
basis.
Accounting
and Financial Reporting
We stay abreast of constantly changing technology, and
we develop and customize sophisticated systems for accurate,
timely financial reporting. Our services include:
Flexible Accounting Systems: Our Professionals have
extensive experience in providing financial reporting
to pension funds, insurance companies, REITs, and financial
institutions.
Lease Abstracts: Lease data is available for review
at any time in an Executive Summary.
Billing and Accounts Receivable: Real-time access to
account activity is based on the regular maintenance
of account receivables. Accrual reports give owners both
cash and accrual information.
Accounts Payable: The administration and control of
expenditures are vital components to the success of each
property. We present each expenditure to the facilities
technician, which are then approved by the client This
process ensures not only the accuracy of the payables,
but also assures control over expenses.
Valuation Analysis: Our Professionals are trained and
expert in the operation of Argus valuation/cash flow
modeling. This enables us to provide Cost versus Benefit
Analysis and the impact on value in the ever-changing
real estate economy.
Monthly Reports, Business Plans & Budgeting: SUHRCO’s
annual budgets and business plans are customizable for
clients’ requirements and include summaries of
all income and expense activities on a cash or accrual
basis.
Contract
Services
Contract services for
cleaning, utilities service, elevator and mechanical maintenance,
security, landscaping, etc. are critically important to
the success of every property. We have established long-term
relationships with contract service providers who supply
SUHRCO with preferential pricing for our clients and prompt
response to the needs of our managed assets.
We establish objective requirements and specifications
and prepare RFQs when necessary, investigate the history
and competency of all potential contractors, review
bids, negotiate favorable terms, and administer and
supervise the implementation of services they provide.
Portfolio
Asset Management
SUHRCO Professionals
have the experience, resources, and long-established
relationships to oversee the management, operations,
and administration of third-party service providers,
many of which are located around the country.
Our Professionals are thoroughly knowledgeable of
local real estate trends, environmental issues, complex
lease negotiations, financing, and valuation analysis.
They have strong real estate principles and are persuasive
in their efforts to keep the many facets of asset management
on track and moving forward.
Acquisition
Due Diligence Review
Our experience in acquiring
real estate investments for our clients and our own account
has given SUHRCO a thorough understanding of the process
of orchestrating acquisitions and performing thorough due
diligence reviews.
Construction
Administration
We have extensive experience
managing and coordinating tenant improvements and major
capital improvements. We have also implemented major property
redevelopments and renovations.
Brokerage
When it comes time to
sell a property, SUHRCO is uniquely qualified to broker
it because we have managed the asset. We know and understand
the property operations, physical characteristics, and
financial position better than anyone. This provides confidence
to prospective buyers. It also allows us to respond promptly
to requests for information during due diligence.
Our full-time designated sales agents report to existing
and new clients who want to acquire or sell their properties,
which creates a valuable marketplace. We also have
long-established relationships within the brokerage
community. These active brokers know and trust us to
deliver and perform.
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