Financial services are the cornerstone of our superior service. Center Management has a proven record working with landlords and tenants to provide timely and accurate financial information. Using advanced accounting and financial management skill sets, we have developed a set of deliverables that has been characterized as extremely thorough and timely. Comprehensive financial reporting is essential to managing a property successfully. Annual operating budgets lay the groundwork for the income and expenses planned for the next year and monthly financial statements provide regular feedback on that plan. Our financial reporting systems allow us to forecast and analyze the success of your property to help you plan for the future and to help you see any potential challenges before they happen.
In addition to the routine financial management activities, Center Management also provides construction accounting services for developing properties. Cost segregation is a key element in successful tax financial management, and we have experience to manage that critical part of the development of a new shopping center.
We also provide accounting services for properties when we do not perform the day to day site management. Our expertise and delivery of relevant information allows companies (and/or owners) to handle day-to-day management of their properties without the burden of staffing back office operations.
Annual vendor compliance Banking and cash management Budgeting CAM and property tax reconciliation (completed no later than February 28th) Cost segregation management Financial reporting Financing support Insurance placement Internal control | Management of mortgage lenders (compliance, verification, coordination) Monthly reporting Partnership management (including distribution) Property tax valuation review and appeal Rent roll (updates distributed by 1st of month) Tax return coordination Tenant accounts receivable (reporting twice per month/monthly statements) Tenant sales reporting |
