Property Management-Granada Hills

 GRANADA HILLS PROPERTY MANAGEMENT

CHATSWORTH Property Management

CANOGA PARK Property Management

TARZANA Property Management

WINNETKA Property Management

What is commercial property management?

A commercial property manager handles non-residential properties like offices, retail spaces, storage facilities, shopping centers and industrial buildings. Like residential property management, commercial management encompasses the tasks and responsibilities of operating an income-producing property.

Commercial property management involves being able to prioritize and execute a wide array of tasks. For example, advertising, marketing, and leasing processes are all part of the commercial manager’s job; because commercial leases are generally longer than other properties, with built-in renewals (ie. a five year lease with options to renew) and rent escalations, both the marketing and lease negotiation processes are longer and more involved than in other types of property management. However, commercial property managers have less hands-on tasks once the space is leased than other managers, as many commercial tenants of spaces — like offices, retail units and industrial suites– often take care of their own general maintenance, and in some cases, design and customize the interior of the space to suit their businesses.

Property managers of commercial spaces keep meticulous administrative and financial records, and keep all applicable maintenance, taxes, mortgages and insurance updated. They ensure rent is collected, and respond to tenant needs and issues. Managers also provide regular reports (ie. occupancy, rent roll, and budget) to the property owner, providing regular updates on how the investment is faring.

A commercial property manager is an asset to any property owner who has not the time or experience to market or manage their commercial real estate property themselves. Professional property managers are becoming more common for investors who are either too busy or simply not interested in the challenges of managing a property; indeed, according to the Bureau of Labor Statistics, the profession is expected to see “faster than average” growth between 2006 and 2016.

The reason for our success is helping owners like you when they need it. Below is a partial list of property management services we provide to help you protect your real estate investment.

• Tenant placement
• Tenant screening (including: credit check, landlord and employment verification, social security trace report, california eviction check and criminal check)
• Regular property inspections
• Accounting and landlord bill payment
• Monthly financial reporting
• Maintenance service and supervision (we use only proven independent vendors)
• Collections
• Evictions
• We supply all the necessary forms to meet California’s Landlord/Tenant laws
• 24 hour emergency phone service
• Advertising to the broadest tenant base possible

Call or e-mail us today for more information. We’re ready to get started!

Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando Valley, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.