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Property Management Services

Carl M. Freeman Companies Commercial Real Estate provides comprehensive and integrated property management, leasing and brokerage services to maximize our clients return on investment. By analyzing each individual property and the local market, we enhance asset value by minimizing operating costs and developing additional revenue sources. Our approach to third party management is distinctive because we customize our services to meet the unique needs of owners and properties.
At Carl M. Freeman Companies Commercial Real Estate it's about the process. Our systems allow us to manage your property with the utmost efficiency. Because of our extensive experience in the markets we serve, we've built strong relationships with a variety of vendors, industry and engineering consultants and service providers to ensure you have the highest levels of service at the most favorable cost.

Carl M. Freeman Companies Commercial Real Estate offers hands-on management, experienced lease negotiation, structured and timely reporting systems and a single point-of-contact all designed to maximize the performance of your property.

With offices serving Maryland, Delaware, Virginia, West Virginia, and the District of Columbia we are ideally situated to provide personalized attention and service to individual properties in the Mid-Atlantic region.
Carl M. Freeman Companies can provide the following customized services to optimize your asset:
Property Management Services
  • for the operation and maintenance of the property including capital expenditures and tenant improvements
  • timely collection of rents and other income in accordance with lease terms
  • regularly scheduled and preventative maintenance of buildings, common area and systems such as HVAC, parking surfaces and roofing
  • enforcement of leases and tenant compliance for sales reporting, HVAC maintenance, insurance certificates, etc.
  • coordinate legal action with an owner-approved attorney for an tenant defaults
  • competitively bidding, negotiating and contracting for all required services
  • securing all necessary insurance, licenses, permits and authorizations over property
  • monthly narrative summation of capital improvements, sales performance, security, area development , leasing, maintenance and tenant issues
  • conducting all real estate tax billings, collections and appeals
  • maintain regular contact with tenants
  • schedule weekly site inspections
  • schedule and maintain risk management and prevention assessments

 

Accounting & Administrative Services

  •  utilization of Oracle Property Management Module to generate timely, financial reports to owner’s specfications
  • preparation of monthly tenant rent billings
  • complete lease administration including rent increases and lease compliance
  • development of cash flow forecasts,
  • develop annual budget
  • billing of compliance fee as addressed in leases for sales reporting, insurance certification, etc.
  • billing of delinquent fees to tenants for rents and other payments
  • preparation of tenant pass-through schedules
  • completion of CAM and real estate tax reconciliation billings for all tenants
  • completion of monthly and year-end adjusting journal entries in accordance with owner’s method of accounting
  • analysis of tenant sales
Select property management services can be tailored to meet your needs for an additional fee.

 

Tenant Construction
  • space and site planning
  • architectural and engineering services
  • budgeting and scheduling
  • field management
  • design criteria establishment and supervision
  • coordinating zoning, entitlements process, design, engineering oversight and construction management

 

Marketing Services

  • regular property visits to evaluate merchants and overall shopping experience
  • analysis of market area including competition, demographic and psychographic data, tenant relations, and shopping patterns
  • development of marketing and community outreach plan and budget
  • implementation of marketing programs, events and advertising campaign
  • monthly reporting on all activities and shopper/tenant feedback
  • regularly scheduled merchant meetings with small shop tenants and anchor stores