Lately, Borelli Investment Company has begun property management for a couple of customers in the San Jose area that the property owner supervised. We noticed that the properties were not performing to our standards, which prompted us to review and diagnose the issue. It became apparent that the candidate screening process was not producing he results we had envisioned. We asked the property owner how the candidates were screened and received the reply, "If they have the deposit and first months rent ready, we sign the lease." Tenant screening for a property owner is one of the most … [Read more...]

If you have recently acquired an investment property, you are most likely searching for approaches to enhance your profit and increase the value of your recent investment. Hiring a property management  company can help save you time and calm the stress that come with owning a commercial property. Here are four of the primary ways property management businesses can help property owners: Fill Vacancies Our advanced management software allows us to achieve the largest group of available tenants and screen them quickly and proficiently, so you can generate rental income. Spare … [Read more...]

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...]

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...]

By Jon Peterson of The Registry SF. Read the full story here. Boston-based TA Associates Realty has paid $196 per square foot or $48.7 million to acquire the 248,835 square foot North First Corporate Center in San Jose, according to sources aware of the transaction. The property fronts North First Street in the active San Jose submarket. The buyer, which has a West Coast regional office in Newport Beach, did not respond to phone calls seeking comment for the story. The seller was a venture between Campbell-based South Bay Development Company and Los Angeles-based PCCP, who have owned … [Read more...]