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Property Management

Services

TPG's Property and Asset Management division offers a comprehensive management service program for institutional, lender-owed, and individual property owners. Our management approach has a clear focus on maximizing yields through capital preservation and value-enhancement, utilizing the synergies of TPG’s full range of integrated services. Our asset and property management program includes:

Property & Asset Management – Clearly defined policies and procedures are the linchpin to TPG’s management operation. TPG applies this methodical and calculated approach to every property - using industry-accepted best practices combined with proprietary methodologies and practical experience, we outline the steps required to obtain successful results at the start of each engagement.  This plan serves as an outline to maximizing property performance, and our ability to evaluate and structure complex programs, strategies and processes is the key to creating valued solutions for our clients. Property and Asset Management services include:

Property Management
-        tenant services (relations & formal retention programs)
-        building operations and maintenance
-        insurance management
-        Tenant defaults
-        property inspections
-        service contract management
-        lease administration / CAM reconciliations
-        analysis of  CCR &  REA documents and affiliate parcel operating agreements

Asset Management
-        preparation of annual operating and capital budgets/variance analysis
-        preventive maintenance/energy conservation programs

Property Accounting  – TPG utilizes YARDI property accounting and asset management software, as well as other programs and systems to meet client requirements.

Financial Reporting & Planning – TPG’s principals and property managers work directly with clients to formulate clear objectives for financial planning and operations. TPG creates annual budgets, evaluate expense structures, and propose overall financial strategies to maximize cash flow and enhance value in both short and long-term.

Construction & TI Management – we provide an independent source to manage and coordinate all construction and tenant-improvement work while monitoring quality & pricing as a third-party advocate for client interests.

 

 

TPG Advantage

With significant experience in the retail shopping center industry, TPG has established long-term relationships with vendors, lenders, municipalities, brokers, and tenants.  Leveraging these relationships, we are uniquely qualified to deliver exceptional management services alongside the full resources, personnel, and overall support structure of a retail brokerage and debt advisory platform. This tactical and specialized approach allows property managers to leverage senior brokerage and/or debt advisory personnel to facilitate all aspects of management operations. Individually tailored property management programs are supported by experts in each respective service line, partnering on everything from negotiating lease renewals/extensions to facilitating refinancing requests. Furthermore the synergies of TPG’s full range of integrated services allow management personnel to maintain a singular focus on providing superior property management services.