Our team brings an unwavering commitment to maximizing the market and financial performance of our clients’ assets.  With over 20 Million Square Feet under management, we have the industry experience to service your management needs. Our talented and experienced professionals utilize the following “best practices” to provide tangible results large institutions and small business owners alike:

Liability Protection by utilizing our established emergency response system and active insurance cost minimization
Lease Administration provides enforcement procedures to collect rents and databases step-ups to ensure that the correct rental rate is paid
Maintenance procedures consist of volume bidding to reduce job costs, contract administration and enforcement, property inspections to ensure quality and upkeep, and the implementation of preventative maintenance procedures
Financial Administration includes detailed annual budgets, monthly reports including variance analysis and executive summaries to client’s full knowledge of financial and qualitative considerations of the asset, real estate tax appeal service, yearend pass-through reconciliation, collection of arrearages and the continuous monitoring of financial performance and improvement
Accounting utilizes flexible software and reports, full financial packages including income, expense and control reports, variance analyses for monthly and year-to-date income and expenses, bank reconciliations, and auditing staff and procedures
Internal Accountability stemming from departmental goals ,and measurement tracked through weekly indicators such as accounts receivable, lease renewals, budget comparison, response time, tenant relations and reporting timing and accuracy

Farbman Group appreciates the need for comprehensive, up-to-date and comprehensible financial reports.  We utilize the industry’s leading accounting software such as MRI and Skyline to create income expense reports, variance reports, detailed rent rolls, budgets and a host of other reports and projections  to ensure that our client’s have a clear but detailed assessment of their assets’ performance.

Additionally, we are well versed in critical operational areas including emergency response management, tenant relations and problem resolution, third party contract enforcement, lease enforcement that play a vital role in maintaining assets at the highest levels.