Back-Office Property Management 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 of 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, delinquency reports with up to the minute accuracy through our web portal.
LSA Back-Office 3
  • Monthly Financial Reporting to provide an overview of the expense and collection status of the property.
  • On-going review of the budget and advise 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 insure 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 on-boarding
    • 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