Service CONTRACTS ADMINISTRATION
PropertyTract provides real estate organizations with a digital
searchable database to manage building maintenance contracts.
PropertyTract gives managers instant visibility of all aspects of their leases across their entire portfolios.
Automatic system alert notifications of pending lease expirations,
CPI adjustments and any other vital provisions help to eliminate
costly errors and improve overall profit margins.
DUE DILIGENCE DATABASE AND REPORTS
Should an organization make the decision to sell an asset, PropertyTract can assist in the timely creation of a due diligence database. In addition, PropertyTract can convert electronic files received from a seller during acquisition of property into "easy to access and reference" due diligence documents.
Trying to cut costs without affecting service quality?
PropertyTract was designed to help its clients achieve a higher rate of return by improving visibility of vendor contracts, discover opportunities to consolidate relationships, renegotiate annual service contracts through cost comparison, reduce internal audit control and compliance costs, improve administration of leases and access to lease provisions, easily create and access asset management reports and creation of more effective due diligence databases.
Case Study - Lightstone Group
Lightstone Group Utilizes PropertyTract to Effectively Manage Select Properties.