Monthly carrying charge increases have seen a significant rise, predominantly due to escalation of costs for energy, employee benefits, and local property taxes. Given that generally more than fifty percent of a property’s operating costs are non-discretionary, cost-cutting must be done in a way systematic manner that ensures long term success.
Together, with your property manager and building staff, we can coordinate a multi-faceted approach to investigate these key areas. As part of our enhanced services we offer our clients guidance for establishing policies and procedures and maintaining an internal control system including but not limited to maintaining controls over procurement; purchasing; and security of supplies.