Commercial Property Management

Our On-Boarding Process

Commercial Property Management Companies require reliable data to operate their assets. This is true whether you’re an owner or a manager. The right collection of information sets the foundation for in-year forecasting and future planning.

Knowing where you are financially today, and where you want to be tomorrow, is easy to achieve with a strong accounting team at your side. Tan & Partners Inc. offers the perfect balance of financial and non-financial information. We offer a property accounting service tailored to this very specialized niche industry.

Commercial Property Management Companies looking to outsource their accounting and finance functions need look no further than Tan & Partners Inc. We provide cost effective services that let you focus on property operations.

Our process is as follows:

Step 1:

Retrieve Accounting System Reports

We assesses current accounting process, takes inventory of current reports (ex: rent roll, leases, CAM or TMI statements etc.) and evaluates the requirement. Recommendations will be provided on the monthly, quarterly and annual deliverables.

Step 3:

Your Tan & Partners Inc. Property Accountant

Our qualified property accountants provide customized solutions that can fit the budget of any client.
We offer Property Administrator and Bookkeeping Services (see Bookkeeping Service as reference). Our accountants have experience in property management reporting of both financial and non-financial information, which leads to a complete view of your properties.

Step 3:

Business Intelligence

Tan & Partners Inc. makes it possible to recalibrate the operations of a property and address any ongoing concerns regarding maintenance or leasing. In addition, we give increased visibility in the overall status of properties, reduce landlord out-of-pocket expenses, promote on-time rent collection, give accurate CAM (Common Area Calculation) Billing and perform lease audits.

PROPERTIES MANAGED

Rent Roll set up & Leasing Assumption Reporting – Generating a monthly rent roll is a critical activity, but is often overlooked. We’ve set up systematic reporting to improve tenant A/R as well as monitor upcoming lease expiries and forecasting the leasing assumptions. Our clients benefit from having a pulse on their investment property, accounting for leasing activity.

 

 

Lease Review and Final Year-end CAM Recovery – Final year-end recovery calculations and billings close the loop for the year. We have a high success rate of completing these within the first 90 days of the following year. This comes with a lease review and lease audit that is generally conducted throughout the current year to ensure that the maximum recovery has been calculated.