Property Management
ALO Property Management has established a best-in-class reputation with clients for enhancing commercial asset values, while reducing operational costs and ownership burdens. With 30 years of combined commercial real estate and management experience, we are able to provide a superior level of detail-oriented service that our clients have grown to expect. Strengthening an asset’s day-to-day cash flow, sustaining tenant occupancy, and promoting the value of an investment are a just few of the objectives ALO Property Management is able to achieve for clients.
ALO Property Management works across variety of asset classes; retail, office, industrial, and corporate facilities. Each asset class and each asset are met with a unique and calculated approach from the ALO Property Management Team. All of ALO’s asset management plans provide the latest technology to ensure accurate and timely services to clients and tenants.
- Monthly Financial and Operations Reports
- Annual Budgets & Monthly Variance Reports
- Capital Project Budgeting
- Tenant Reconciliations
- Estimated Billing Expenses
- Service Contract Billing Review & Approval
- Accounts Receivable
- Tenant Invoicing & Collections
- Full Financial Statements (Yardi Software)
- Full Accounts Payable ( Coding, Check Preparation, and Bank Reconciliations)
- Review of General Ledger Postings
- Sales Report Tracking/ Percentage Rent, billing, and Collections
- Financial Institution Contact
- Insurance & Providers on Certificates Contact
- Any Supplemental Reports Required by Ownership
- Tenant Reconciliations
- Tenant Contact
- Regularly Scheduled Tenant & Site Visits
- Tenant Sign Review, Approval, and Coordination
- Common Area Utility Evaluations
- Collect & Track Tenant Insurance Certificate
- Coordinate Tenant Openings & Special Events
- Collect & Track Tenant Preventative Maintenance Contracts
- Emergency Call Services
- Previous Year CAM, Tax, and Insurance Reconciliation
- Track Tenant Sales/ Percentage Rent
- Accounts Receivable & Tenant Invoicing
- Renewal & Expiration Reminders
- Service Contract Negotiations
- Service Contract Supervision
- Regular Service Contract Reviews
- Service Contract Billing Review & Approval
- Develop Preferred Vendor List Specific to Asset
- Routine Site Inspections
- Common Area Utility Evaluations
- Collection & Tracking of Vendor Insurance Certificates
- Record Tenant Preventative Maintenance Service Contracts
- Warranty Tracking & Annual Inspections
- Emergency Call Services
- Annual Budgeting & Monthly Variance Reporting
- Estimated Billing Expenses
- Regular Ownership Communication
- Records of All Tenant Insurance Certificates
- Records of All Vendor Insurance Certificates
- Records of All Tenant Preventative Maintenance Contracts
- Previous Year CAM, Tax, & Insurance Reconciliation
- Track & Record Tenant Sales/ Percentage Rent
- Full Accounts Payable
- Full Set of Financial Statements
- Regular Contact & Visits
- Local Market & Community Interaction
- Interaction With Leasing Team
- Develop Strategy With Leasing Team
- Provide Accurate Figures for Marketing & Leasing Material
- Anticipate Vacancies
- Renewal & Expiration Reminders
Is everything being done to maximize the value of your portfolio? Allow ALO Property Management to perform a FREE, detailed property evaluation. ALO Property Management will visit your site and compile a rigorous market study, then underwrite your asset’s historical performance to compare to the surrounding market performance. In addition, we will compare your asset’s positioning, rent roll and tenant profile to similar assets within the market. Then, if we know we are able to add value, ALO Property Management will develop a clear strategy with ownership to maximize the asset’s potential, immediately.