Monthly Real Estate Services
AMTdirect offers Monthly Real Estate Services to meet the diverse needs of your portfolio, including lease abstraction, due diligence support, even outsourced portfolio management services. We assist with or manage your tactical day-to-day challenges so you can focus on your core business. These monthly services include:
These days more and more corporations are returning the focus to their core business by outsourcing non-core services to a third party management resource. AMTdirect permits you the convenience of outsourced lease administration with the assurance of accuracy, allowing you to use your internal resources for strategic business issues. Services include:
- Lease and Contract Abstraction performed in-house by real estate professionals who review your portfolio with a fine-tuned eye to determine the most sensible and desired abstraction detail. We read each contract or lease in its entirety to uncover any missed hidden detail, as well as report any discrepancies or inconsistencies for timely resolution.
- Lease Amendments abstracted to ensure you have up-to-date, ongoing data management of your entire portfolio.
- Critical Data Management through proactive monitoring of lease dates, including expirations and renewal option notices.
- Payment Updates coordinated through PSG to track, review and update accurate payment information for rent, operating expenses, taxes, insurance and other lease obligations.
- Document Management assistance to aid you in making the transition to an electronic management system. Moving to an electronic system can be daunting, often requiring scanning large volumes of paper files. PSG assists with on-site file preparations, including organization, removal and document tracking.
- Expense Review is done through comprehensive review of all lease-related expenses, including CAM and other tenant expenses.
- Custom Report Development delivered by PSG's experienced report writing staff using AMTdirect's custom Report Builder module.
Staying abreast of changes in FASB lease accounting standards will keep your business running smoothly without unnecessary interruption. New rulings can be convoluted and difficult to understand. Our team is fully equipped to aid you in understanding upcoming rule changes and how they will impact your portfolio.
We prepare lease abstracts so that you can easily pinpoint lease terms that will positively affect your cash flow. We prepare a comprehensive financial model to provide you with insight into future cash flow and investment.
Lease and Contract Abstraction
Choose our express abstract, full-service abstract or define your own abstract detail, and our in-house team will provide you with portfolio insight so that you can make smart decisions.
Data Review and Validation
A missed renewal can result in penalty or a missed opportunity. Our team is trained to review and ensure the accuracy of your most critical real estate data. We identify critical financial risks before any adverse effect is reported.
System Optimization and Best Practices
We rely on our vast commercial real estate experience to consistently deliver integrated strategies that align real estate and corporate objectives. Our team of experts standardizes the entry, audit and maintenance process so that you can enjoy quality and consistency of data. We provide well-managed processes that support the end goals of your division through thorough evaluation of the following:
- Current Business Processes
- Document Management
- Critical Date Management
- Database Field Management (Custom Labels, Data Groupings, etc)
- Standard and Custom Reporting
- Software/Functionality Needs Analysis
- Risk Analysis
Our professional, in-house implementation team works closely with you to design an implementation plan tailored to your unique needs, including consulting, data management and training. Once your AMTdirect software is successfully implemented, we work with you to set up a monthly management plan that best fits your company and resources. Our implementation process includes:
We perform an initial client interview to confirm your software needs and expectations and define a comprehensive implementation plan. Once a plan is set forth, we work with you to quickly deploy your program with seamless integration into your corporate structure. We operate so you don't notice an interruption in your daily activities, but begin to reap the benefits of a centralized program instantly.
We help you define the most effective project plan to meet your implementation goals. We monitor the project status and milestones, determine risk areas and best practice opportunities, as well as provide direction for process improvement and cost management. When necessary, we work with you to organize and electronically capture your most critical real estate documents via our on site document management services.
Data Integration and Conversion
Our team analyzes and defines your data structure and key data elements, assesses and conducts a field mapping exercise and manages any data migration and validation processes. Our efforts are seamless so you won't notice any interruption in your daily accounting practices.
Our goal is to set you up to successfully perform on your own. Once we implement your system, we train you on all aspects of the application, including ongoing data entry, navigation, administration and more. We also work with you to manage technical requirements, export file customizations, import file formatting and conduct the necessary testing to have your system operating with expected results and optimum performance. You can use us as a reference point as much, or as little, as you desire.