Asset and Property Management
•Accrual and/or Cash accounting option
•Monthly statements sent to all tenants
•Cash receipts processing (including banking tasks)
•Accounts receivable monitoring (late fee charges, legal notices)
•Annual year-end CAM reconciliation billings and collection
•Accounts payable (vendor payment on a weekly basis with multi-tiered approval process for security)
•Individualized Chart of Accounts (if required) and customized report format
•Fixed asset depreciation / amortization schedules on a monthly basis (both tax and/or book purposes)
•Comprehensive database program for the purpose of recording maintenance requests, creation of an extensive work order system and the storage of property photos as work order support
•Monthly activity reports outlining Actual vs. Budget comparison, property valuation analysis, accounts receivable analysis with detail and leasing activity summary outlining new leases, lease renewals and prospective leases
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•Operational management duties (property manager) overseeing daily maintenance of property, including hiring and firing of vendors, meeting with Tenants on-site and handling all maintenance related calls
•“In-house” CPA (Controller) overseeing daily management and monthly reporting with continued analysis of potential cost savings, billings to Tenants and overall effect on “market value” of property
•Premier Insurance Coverage due to portfolio policy, which provides relatively low cost of premiums with superior coverage
•Provide assistance with market professionals in contesting annual real estate taxes at a discounted contingency fee due to DBR’s portfolio size
•Use of a legal network providing a wide array of legal services at preferred billing rates due to DBR’s portfolio size
•“In house” maintenance company for the purpose of performing porter service and other repair and maintenance services at extremely low costs and maximum control ;
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