By partnering with Colliers, you will have the attention of best-in-class advisors who will manage the ever-changing needs of your property to maximize value and tenant retention, freeing you up to focus on your business.
Efficiently managing your property’s finances can be a full-time endeavor, requiring expert understanding of accounting best practices to achieve significant savings. Our accounting and financial reporting services professionals deliver precise financial tracking, cash flow control and Generally Accepted Accounting Principles (GAAP) compliance to maximize your property’s performance.
Accounting and financial services include:
- Accounts receivable and payable. In line with internal controls and processes, our accounting specialists post payments and clear charges to ensure steady cash flow while monitoring income. Our accountants provide continual internal auditing including a complete inventory of leases, evaluation of amortization schedules and tax audits and expense reconciliations.
- Common area maintenance (CAM) reconciliations. Property managers work with accounting specialists to develop CAM, operating expense and property tax reconciliations on an annual basis. We will help you notify tenants of changes to recurring charges, answer questions and resolve disputes while maintaining positive relationships with tenants.
- Budget and Analysis. We can provide annual budgets and variance analyses, as well as a multitude of detailed financial statements, including cash flow, balance sheet, income, expenses, receivables and general ledger. Our financial services also include cash management, rent collection and administration of all payments.
Our team of real estate management professionals understands that no management detail is too small to impact value. We leverage our experience and knowledge to efficiently identify and manage projects that achieve the goals for your property. From coordinating contracts to landscaping projects to lobby enhancements and building alterations, our experts offer forward-thinking solutions that position your property in the best light with minimal stress, time and effort required of you.
Every property is unique, requiring individualized attention from experts who can create a customized plan to maximize its efficiency and lifespan. Our team of engineers offer a broad range of disciplines, including mechanical, electrical, plumbing, fire/life safety systems and appearance, ensuring that your building receives the highest quality attention and care.
Our relationship with your property begins with an assessment of the building’s key performance indicators (KPIs). We work with you to determine vital performance areas, establishing internal quality thresholds and identifying and correcting deficiencies before they cause problems.
Here are the top questions you might have about Real Estate Management Services.