PROPERTY MANAGEMENT

Spinoso Real Estate Group delivers the highest quality, comprehensive, institutional-grade property management services.

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The Spinoso Real Estate Group portfolio spans from coast-to-coast dealing with millions of square feet of enclosed malls and large-scale retail properties, bringing an unparalleled combination of skill, expertise and focus to the projects we work on – specifically designed to maximize value and attain our client’s financial goals.

Property Management Services

Property Staffing
Lease Administration
Billing and collections
Project Accounting
Property Maintenance
Preventative Maintenance
Budgeting and Forecasting
Construction Management
Tenant Coordination
Argus Modeling

Asset Management
Cost Reporting
Cost Containment through leveraged buying
Security
Disaster Recovery
Emergency Preparedness
Improving Operations and Efficiency
Project Marketing
Rebranding
Website Creation / Management

Best-In-Class Monthly Reporting Package

As shopping center professionals who both generate and utilize the data we deliver to our clients, we understand the key elements of world-class reporting. We’ve designed clear, intuitive reports that are extremely functionally and efficiently presented.

Executive Summary
Property Key Metrics
Capital Tracking
Sales & Occupancy Cost Report
Rent Roll
Balance Sheet and Income Statement

Variance Reporting & Commentary
Trial Balance
General Ledger Detail Report
Check Register
Expense Distribution Report
Accounts Receivable Detail Report

We Excell in Asset Management.

Resulting in Successful Stabilization and Repositioning

Stabilization

A distressed retail property requires immediate, skilled and focused attention. Often, the first and primary goal is to bring stability to such an asset.

The process of achieving occupancy and income stabilization can be critical to the ongoing viability of a retail-based asset – and the process of achieving stability can be a difficult one.

Fortunately, we bring skill, expertise and a proven track record to each project we undertake.

Through careful analysis of existing tenancy, tenant health ratios, occupancy cost and retail sales performance, a prioritized list of action items is established with a goal of stabilizing an asset. Critical steps necessary to successfully stabilize a retail asset include:

Lease Expiration Analysis – identifying time-sensitive roll-over
Occupancy cost Analysis and Health Ratio Analysis – identifying “at-risk” tenancy
Operating Cost efficiency Analysis – identify immediate opportunity to improve cash flow
Renewal Leasing Execution – secure extension of leases at or near expiration
Rent Restructuring – negotiation of lease restructuring to minimize loss of tenancy
Existing Tenant Relations – effectively communicate positive changes to community of tenants
Stakeholder Public Relations – Communicate with project stakeholders to enhance relations and build support

Repositioning

We identify opportunity, and transform potential into reality.

Properties become distressed or under-perform for various reasons. Whether you currently own or are considering acquiring an asset that has upside potential, we have the expertise and track record to help you realize that upside.

We begin with a thorough understanding of our client’s goals, investment criteria and budget . We carefully analyze each asset, its market, and competitive landscape to develop a strategic repositioning and leasing plan. We then implement the plan and maximize value through the following.

Identify All Factors contributing to Property Under-Performance
Identify Assets Upside Potential
Develop Project Vision
Develop Comprehensive Leasing Plan
Execute Leasing & Marketing Strategy
Demographic Analysis
Market Analysis
Competitive Analysis
Project Feasibility and Due Diligence

Public/Private Partnership Analysis and Creation
Land Acquisition Needs Analysis
Obtain Entitlements
Development and Implement Alternative Income Sources Strategy
Finance Support
Project Management
Efficient Property Management
Argus Modeling