Property Management Rehab by jfr15276

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property management




                      commercial real estate services
                       Property Management
                       Trinan is a premier property management firm focused on the bottom line profitability
                       of our client’s properties. We believe in collaborating our property management services
                       with our client’s current leasing platform into a single focused effort as we understand the
                       synergies required between the two disciplines and believe that each is vitally necessary to
                       the success of every property. Trinan is committed to keeping our clients fully involved in
                       the management process through an array of contact methods and scheduled meetings.
                       Trinan utilizes a structured yet constantly evolving management strategy to keep costs
                       low and income high throughout changing economies and markets.

                       In an effort to meet each client’s specific needs, Trinan provides a range of management
                       options from full-service property management to modified and customized services as
                       determined by the client’s requirements.

                       Our program commences with a detailed systematic evaluation of each property that
                       allows Trinan to gain an understanding of the property’s current condition, formulate
                       profit objectives, set timeline expectations for our clients, and obtain a firm grasp on the
                       current leasing efforts. Additionally, Trinan recognizes that a complete understanding
                       of the current marketplace is crucial in setting and executing profitability goals in
                       commercial real estate. Through meetings with the leasing team, Trinan develops a
States of Operation:   complete understanding of the rental rates, abatement periods, and tenant improvement
Arizona
                       allowances that we are competing against in the market with each property we represent.
California
                       This knowledge allows Trinan to effectively address the short comings of each property
Georgia
                       and to return each to maximum profitability in any market conditions.
Nevada
Texas
                       Trinan then begins meeting property objectives through a series of distinct actions involving
                       both management adjustments and leasing coordination. Our client’s are consistently
Property Types:        updated on the progress towards our property goals at predetermined time points and
Retail                 stages. Trinan manages each property towards the profit objects carefully determining
Office                 the best course of action in achieving cost savings without loss of functionality. Trinan
Industrial             believes that property profitability is a continuous ambition that demands effort, vision,
Multi-Family           innovation, and tremendous dedication by a real estate firm. Trinan’s single purpose in
Mixed Use              property management is to make our client’s real estate as profitable as possible.
Evaluating a Property for Management Services
A thorough assessment of each client’s property is essential in the development of a strategic management plan. It
is impossible to move forward in a deliberate direction without first having a detailed understanding of where you
are and where exactly you plan to go. Trinan is adept at evaluating property by identifying realities and subsequent
opportunities in the three main dynamics that affect the profitability of a property; Expenditures, Income, and
Marketplace.

Expenditures
Trinan analyzes the current operating costs of each property to uncover potential savings opportunities. We evaluate
all fees associated with the property including taxes, insurance, property management, common area maintenance,
leasing commissions, and extraordinary expenditures. Trinan compares the current costs of operations to our model
of pricing to determine which areas can be improved. The findings are used to calculate an estimated savings
amount that can be achieved through an alliance with Trinan and to set a framework for management procedures
moving forward.

Income
While management increases profits through a series of sound spending decisions, leasing increases profits through
advantageous rental transactions resulting in more income. Trinan methodically evaluates the current leasing
strategies of each property and works with the leasing team to provide management services that will enhance
the property’s marketability. This may include review of the advertising vehicles being utilized, the presentation of
the property through marketing materials, sales techniques of the current leasing company, and any extraordinary
or grass roots promotion campaigns being employed. Our goal is to uncover opportunities for improved methods
that will result in faster more lucrative lease-ups. Much like our evaluation of expenditures results in a management
framework; the income evaluation is used to aid the development of an improved strategic leasing plan for the
property.

Marketplace
Trinan recognizes that a complete understanding of the current marketplace is crucial in setting and executing
profitability goals in commercial real estate. We have a firm grasp on the rental rates, abatement periods, and tenant
improvement allowances that we are competing against in the market with each property we represent. Additionally,
we know where to obtain competitive pricing in all third party transactions including vendor dealings, maintenance
items, insurance coverage, and potential tax savings. This knowledge allows Trinan to effectively address the short
comings of each property and to return each to maximum profitability in any market conditions.
Management Services offered
Accounting                                               Oversight
   Client, Property, Suites, Tenants and Vendors           Ongoing Property Inspections
   Operating Banking Accounts                              Preparation of Vacant Units
   Percentage Rents/Gross Sales Revenue Administration     Review and/or Establish Vendor Service Contracts
   Collections – Calls, Notices and Defaults               Lease Enforcement
   Timely Depositing of Funds                              Tenant Insurance Tracking and Administration
   Accurate Accounting                                     Vendor Insurance Tracking and Administration
   Generation of Monthly Tenant Statements                 Establishing Preventative Maintenance Programs
   Payables Review, Approval and Processing                Executing Needed Property Services
   Payment of Mortgages, Taxes, Insurance                  Handling Tenant Calls and Needs
   Monthly Sales Tax Payment                               Generation and Follow-up on Work Orders
   Monthly Reporting Package
   Maintain Property, Tenant and Financial Files
   Annual Budget Preparation                             Relations
   Annual CAM Reconciliation                                Continuous Tenant Interaction
   Generation of 1099’s                                     Vendors Meetings to Ensure Standards, Services,
                                                            and Competitive Pricing
                                                            Prompt Response to Client, Tenant and Property Needs
Transition                                                  Emergency Response
   Establishing Communication Method and Protocol
   Accumulation of Information for Transition
   Transition of Vendors                                 Add-On Services
   Transition of Utilities                                 Full Leasing Services to Ensure Timely Filling of Vacancies
   Transitioning Sales Tax Licenses (State and City)       Tax Appeal Consultation
   Preparation of Property Inventory Report                Handling of Renewals
                                                           TI Oversight
                                                           Construction Oversight
Consultative                                               Estoppel Administration
   Learning of Client’s Needs and Goals                    Customized Reporting
   Abstraction of Leases                                   Due diligence Assistance
   Lease Administration                                    Receiverships
   On-going Recommendations to Client                      Rehab Assistance
Trinan’s Executive Team
Jerry Horden – President of Property Management

Jerry Horden’s career in commercial real estate extends over 22 years. During his time in real estate,
Mr. Horden as compiled a transaction list related to management and leasing of over 2,600,000
square feet of space. He has amassed a management portfolio containing all commercial property
types including retail power centers, professional office buildings, medical plazas, industrial parks,
single tenant buildings, and mixed-use centers. Mr. Horden joined Trinan in 2009 as President of
Property Management.

Mr. Horden is focused on providing his clients with management services designed to increase a
properties profits. He draws on his unmatched experience to provide our clientele with cost savings
opportunities, the most advantageous vendor contracts, stellar tenant relations, and the avoidance
of potential property hazards. Additionally, Mr. Horden guides Trinan’s staff daily towards unrivaled
property management services by directing our decisions on maximizing each client’s profits. Mr.
Horden utilizes his communications skills and industry relationships to continuously build Trinan’s
available services and offerings.

Mr. Horden is a licensed Real Estate Broker in the states of Arizona, Nevada, Texas, and Georgia.
In addition to his immense management and leasing experience, Mr. Horden has sold over
$800,000,000 in commercial properties during his career.
Trinan’s Executive Team
Delisa Toole – Portfolio Manager

Delisa Toole joined Trinan in 2009 as a Senior Portfolio Manager. Mrs. Toole’s career in real estate
spans over 16 years. Her knowledge covers a wide range of commercially relative material including
extensive property management experience, guidance of her own commercial portfolio, vast real
estate accounting experience, and expertise in personnel management.

As a Senior Portfolio Manager, Mrs. Toole specializes in managing the daily operations of a
comprehensive commercial real estate portfolio. She is a strong communicator which serves her
well in the ongoing correspondence to a variety of people necessary to the management of real
estate. Mrs. Toole excels at building and maintaining strong relationships with our clients and their
tenants alike. Mrs. Toole has demonstrated a high aptitude for customer service and has proven
herself as a decisive problem solver.

Mrs. Toole’s responsibilities as a Portfolio Manager with Trinan include responding to service calls,
lease administration, monitoring property profitability, and controlling building expenses.
Trinan’s Executive Team
Tammy Camp – Commercial Accounting Management

Tammy Camp began her career in real estate in 1998. Mrs. Camp quickly built up a management
portfolio of 38 properties. After an 8 year stay with her first real estate firm, Mrs. Camp transitioned
to Trinan as our Commercial Accounting Manager.

Mrs. Camp has relevant experience in a variety of real estate disciplines which serve her well in
her role as Commercial Accounting Manager. In addition to her daily accounting responsibilities,
Mrs. Camp oversees several other management functions including file auditing, property listings,
receiving and returning deposits, credit reporting, lease abstraction and management, property
evaluations, tenant relations, bank deposits, and various administrative services. Her professionalism
and customer services skills enhance our team at Trinan.

Mrs. Camp’s focus as Commercial Accounting Manager is to provide our clients with a streamlined
accounting process, accurate financial reporting, and a continuous push towards cash saving
decisions.
History of Success
Our Team of Executives has managed the following properties:




Arrowhead Gateway ............................71,899 sq ft          Farm/95................................................... 108,187 sq ft   Flamingo Business Park .....................45,020 sq ft

The Shops at Greenfield & Main ....17,861 sq ft                     The Shops at Providence ...................30,199 sq ft                    Peak Professional Plaza .................. 145,890 sq ft

Gilbert Fiesta Center ...........................28,406 sq ft       The Shops at Town Center.................14,374 sq ft                      Tech Center Plaza ..................................58,142 sq ft

The Shops at Tatum & Dynamite ...23,193 sq ft                       The Village at Craig Road ..................73,195 sq ft                   Union Hills Square 2 ............................18,072 sq ft

Monterey Vista Village........................90,672 sq ft          Grapevine Mills Parkway...................26,712 sq ft                     Union Hills East ......................................35,771 sq ft

The Village at Sun Lakes ................. 107,358 sq ft            Independence & Hedgecox ..............33,569 sq ft                         51st & Peoria ...........................................32,000 sq ft

The Shops at Chandler Mall .............33,970 sq ft                Ohio Crossing..........................................53,509 sq ft        Union Hills North ..................................11,878 sq ft

The Shops at Val Vista ...................... 160,605 sq ft         The Shops at Chapel Hill ....................54,397 sq ft                  Camelback & Litchfield.......................40,998 sq ft

Stonefield Marketplace......................97,614 sq ft            Starcreek ................................................ 357,725 sq ft   Union Hills Square ................................52,240 sq ft

The Shops at Serafina .........................33,072 sq ft         North Tarrant Crossing .......................41,550 sq ft                 Union Hills South ..................................15,675 sq ft

The Shops at Legacy House .............59,524 sq ft                 Windhaven Park ....................................86,941 sq ft            Retail at Valle Verde ............................... 8,573 sq ft

Cotton & Yuma ..................................... 102,469 sq ft   Phoenix Plaza I .......................................40,776 sq ft        Office/Warehouse ................................... 3,835 sq ft

Crossroads Town Center ....................30,013 sq ft             Phoenix Plaza III ....................................70,000 sq ft         Shea & 75th ..............................................12,610 sq ft

The Edge at Mountains Edge........ 296,000 sq ft                    Sabrina Plaza ..........................................17,009 sq ft       St Rose & Eastern .................................... 9,708 sq ft
History of Success
Trinan has worked with the following national credit tenants:

Wal-Mart                                  Nextel
Kohl’s                                    Planet Fitness Gym’s
Vons                                      Fitness Factory USA Gym’s
Kroger                                    Tuesday Morning
Sprouts                                   Cox Communications
Longs Drug Store                          Tru West Credit Union
Walgreens                                 Wells Fargo Bank
Bed Bath and Beyond                       Fantastic Sam’s
Hallmark                                  State Farm
Starbucks                                 Max Muscle
Office Max                                Tropical Smoothie Café
Auto Zone                                 T-Mobile
World Gym                                 Einstein Bros bagels
Taco Bell                                 Alphagraphics
Jack in the Box                           Sport Clips
Denny’s                                   American Family Insurance
AT&T
Big Lot’s
Dollar Tree Stores
Aaron Rents to Own
Nevada Federal Credit Union
Nevada State Bank
Fidelity Investments
Total Wines and More
Quizno’s
Subway
Pizza Hut
Papa John’s Pizza
Domino’s Pizza
Rosati Pizza                               7373 East Doubletree Ranch Road, Suite 200
Scottstrade Inc.                           Scottsdale, AZ 85258
                                           (480) 905-5510

								
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