• Reviewing rent rolls and identifying areas where rent collections can be increased.
• Reviewing operating statements and identifying areas where operating expenses can be managed in an extremely cost-efficient manner.
• Reviewing the status of property tax payments and casualty insurance policies and premiums.
• Coordinating with the ownership group in areas of communication, decision making and strategy implementation.
• Analyzing current rental rate trends, vacancy rates, cap rates and absorption rates. Providing valuation opinions.
  

• Conducting a comprehensive physical inspection of the property, providing an assessment of tenancies, property condition and the market.
• Reviewing rent collection procedures, modifying procedures as needed to assure the security and control of payments.
• Evaluating the performance of the current property manager, interviewing replacement candidates as needed and making recommendations to owners or lenders.
• Reviewing, negotiating and monitoring all operating budgets and capital expense budgets.

• Advising on leasing agents for new leases and renewals, reviewing leasing proposals and negotiating terms on behalf of the investor group.
• Improve vacancy rates with leasing strategies that address market weaknesses or property weaknesses.

• Preparing timely, accurate and meaningful financial statements, budgets, forecasts and status reports.

B. Riley is not a property owner, which means we operate without the conflicts of interest that occur when managers simultaneously own and oversee properties on behalf of third parties. We offer a flexible and cost-effective fee structure, and we are pleased to share our professional references.