If you are having troubles with your commercial property, it doesn’t have to remain that way. Borelli, has a proven track record of transforming distressed properties into profitable ones, and we are proud to share four of our best industry practices for successful transformations with you: 1. Love and Appreciate the Lender If the property you own is at risk for defaulting on its mortgage, this is the first item that needs to be handled. Alleviating risk is most often about creating a new trust-based relationship with the lender, and showing that you have a plan to get your property back … [Read more...]
Archives for November 2014
How to Decide on a Property Management Company
Managing a multi-tenant apartment building is a complex task. While your typical property management company may have a good working knowledge of basic housing laws and dealing with tenants, we specialize in managing larger buildings that require a higher level of organization. Typically these properties need access to many fine-tuned systems for handling common tasks, which we handle on a daily basis. With this in mind, here is a list of things you should look for in a commercial property management company: -An onsite crew of maintenance professionals -The option to place on-site … [Read more...]