Asset Management
Asset Management
With a reputation built on more than 100 years of high-quality service, we manage a substantial real estate portfolio throughout the Suburban Chicagoland area. This includes buildings ranging from as little as 7,500 square feet to indoor malls over 500,000 square feet. Our qualified associates pride themselves on customized, personalized service that delivers bottom-line results, no matter what the building size.
Effectively managing the operational and physical characteristics of each property is only one of the ways we add value for investors. We continuously track existing market values and analyze how they affect each client’s assets, providing for informed decision making. If the situation warrants, we also can make recommendations for alternative uses for a property.
Three generations of Berksons and their associates have successfully helped clients get the most out of their real estate. Our comprehensive services, time-proven processes, and ability to adapt to ever-changing real estate market conditions are the keys to our success.
Berkson & Sons’ ability to develop and execute effective management plans, coupled with proven income/expense control and analysis is demonstrated by above average tenant occupancy. These programs are administered and reviewed by a dedicated property manager and include:
- Monthly Expense Reporting
- Efficient, Trackable Billing
- Budget Preparation
- Preventative Maintenance
Monthly Expense Reporting
Customized reports for each client include detailed reporting, designed for each client and their specific requirements.
Efficient, Trackable Billing
Our associates are trained in state-of-the-art property management software, allowing them to generate timely and accurate billing for rent/assessments and common-area maintenance.
Budget Preparation
Based on our years of experience managing properties, we assist our clients in formulating budgets that are both comprehensive and realistic.
Preventative Maintenance
We take a proactive approach to asset management and recommend steps that will increase efficiency, improve aesthetics, and integrate sustainable solutions into each property we manage.
Real Estate Workouts
We have represented a wide range of institutions with their receiverships and troubled assets. We work with owners, investors, as well as homeowner and condominium associations to develop comprehensive management programs to help them achieve their short-and long-term business objectives.
Berkson & Sons’ Asset Management Group understands that your real estate is an investment; one that demands a committed and dedicated team of professionals.
We’re always looking to provide our services to new Homeowners Associations, Condo Associations and Commercial Properties that include:
- Retail Stores
- Shopping Centers
- Office Buildings
- Mixed Use Buildings
- Condominium Associations
- Homeowner Associations
- Industrial Buildings / Complexes
- Medical Facilities