Back-Office Services
Our financial team and a dedicated property manager will work closely with you to oversee the financial aspects and regulatory issues of your property.
Organizing a property's many aspects can be quite challenging. Well-maintained and organized financials and records are the cornerstones of any profitable building and business.
Accounting and Financial
Accounts Payables
track all outstanding bills and make sure your most important bills (mortgage, insurance, water, and tax bills) are paid on time.
Accounts Receivables
automated billing and charges
automated and office collection of monthly rent, maintenance, common charges, and assessment deposits
Arrears Collections
establish general guidelines for which to retain your property's attorney or collection agent
Board Members and Unit-Owners can review governing documents, financial statements, and delinquency reports with up-to-the-minute accuracy through our web portal.
Monthly Financial Reporting to provide an overview of the expense and collection status of the property.
On-going review of the budget and advice on changes in market conditions and expenses.
Insurance, compliance, & HR
Annual Insurance Review
We will review current policies and coverages to ensure proper property coverage. We will also shop your policy on a yearly basis to ensure that you are not overpaying for coverage.
Local Code Compliance
We will monitor and notify you of any annual HPD, DOB, FDNY, and insurance requirements that must be in compliance to avoid fines, penalties, and violations.
HR Administration
new employee onboarding
payroll and payroll tax review
worker's comp insurance
DOL compliance
Transfers & Closings
Notary Public Services
Preparation of Lender and Title Company Questionnaires
Collection and processing of residential application
Full Credit and background check
Collection of closing fees
Recording transfers of unit owners
Update Stock Certificates