Diligent handling of the day-to-day property management tasks ensures properties’ successful and profitable operation. These include building and site maintenance, lease administration, on-site management, collection of rents, payment of operating expenses and formal reporting to the owner.

Asset management activities include leasing, property tax assessment appeals, arranging financing and refinancing and project management for expansion; major renovations; tenant improvement coordination; redevelopment, rezoning, and due diligence on acquiring new investment properties.

By combining professional property management and asset management functions, our experienced team ensures a secure and sound investment with a robust value-focused approach.

We undertake development projects by utilizing a core of professional consultants and contractors, many of whom we have worked with on previous projects. This ensures the flexibility and variety essential for the diverse locations of our managed properties. It also provides cost-effective design/construction to benefit our investor clients.

We start by creating a road map to help you reach a clearly defined objective. This can include 5-year capital planning, scheduling upgrades, cash-flow/cost balancing, and tenant comfort/satisfaction, which provides improved tenant retention. All of these initiatives ultimately increase the market value of your assets.

As part of the project coordination, we provide monthly accounting reports and schedules showing progress costs and cost-to-complete. Lenders highly endorse these, and the calibre of these reports facilitates prompt payment of progress draws.

We have strong relationships with many specialized real estate brokerage companies and agents. Our experience with this broad spectrum of specialists allows us to recruit the best match for your requirements and market. Working closely with them on your behalf, we help you achieve the right tenant mix.

In addition to administering lease agreements and managing vacancies in your properties, we can negotiate their sale or purchase. As with leasing arrangements, we may collaborate with specialized brokerage companies or agents if that option is in your best interest.

The industry experience of Gulf Pacific’s senior team helps us identify potentially costly issues that improve your negotiating position in property acquisitions. These can be as obvious as significant capital expenditures or as subtle as shifting demographics that could result in higher vacancies and lower demand.

By conducting tenant discovery interviews, we can identify new or underdeveloped opportunities that can be capitalized on soon after acquisition. Recognizing the untapped potential, acquiring assets for the best possible price, maximizing their revenue potential, and minimizing their operating costs while you own them can make a substantial difference between an acceptable ROI, and a great one.

As a leader in our industry, we don’t just embrace sustainable solutions; we manage them. That’s why we’re adaptors of BOMA BEST, North America’s most significant environmental assessment and certification program for existing buildings. It’s a turnkey program that provides owners and managers with a consistent framework for assessing their existing facilities’ environmental performance and management.

The BOMA BEST Smart certification is a symbol of sustainability that is also a powerful management tool, guiding owners and managers with digital data from within the built environment to optimize operations, drive sustainability and deliver financial value to stakeholders and customers. Talk to us about what BOMA BEST can do for you.