By Accounting Team. For more information, contact Robert Parmar Asset Management is about making money. Errors in tenant leases translate to a loss in your asset’s bottom line. When we take over a property, our first action as the new Management company is to conduct...
By Accounting Team. For more information, contact Robert Parmar When interested parties such as banks, partners, or investors need information about your asset’s performance between reporting cycles, we’ve got you covered. Summerfield uses Business Intelligence...
By the Accounting Team, Summerfield Managment You’re managing multiple assets in multiple locations. Transaction volume is high at every building and it’s easy for mistakes to go unnoticed. Consider this common (and costly) example. Your Property Management company...
By the Accounting Team, Summerfield Management What’s most important beyond maximizing revenue? Keeping spending in check. With poor personal finance practices being the norm amongst Americans, it’s easy to understand why making sound spending decisions can be...
By the Accounting Team, Summerfield Managment Sometimes a tenant falls behind on paying rent. During the COVID-19 pandemic, moratoriums created widespread restrictions on collection and eviction. Although the rules for collections changed overnight, Summerfield did...
By Accounting Team. For more information, contact Robert Parmar Every building comes with expected maintenance expenses, but what about the cost of unexpected vendor mistakes? Like when the Assistant Community Manager’s buddy from high school, Jimbo, gets hired to...