Property Management in Ohio

Run your property smoothly and keep your tenants happy.

Expert Property Management That’s Tailored to Your Needs

Anchor Retail Management offers full service and customized Property Management services to retail property owners and lenders for receiverships throughout Ohio.

We administer all the duties and responsibilities of day-to-day operations of the property, including accounting, tenant relations, maintenance, and repair. We also assist in the preparation of the annual budget, monthly reporting, and financial performance of the property.

Anchor Retail’s Property Management: What’s Included?

Our dedicated team works hands-on with you to deliver excellent service and meticulous attention to detail. We pride ourselves on having industry veterans across every aspect of property management, ensuring the long term value of your assets.

Crucial Tasks We Handle

Anchor Retail’s team:

Obtain, verify and pay real estate and personal property tax, improvement assessments, and other like charges as directed by Owner, and pay amounts due under service contracts.
Make all mortgage, ground lease and promissory note payments and comply with mortgage documents as directed by Owner.
Review real estate tax bills and assessments as directed by Owner, protest when required by Owner, and employ a real estate tax consultant if necessary, as approved by Owner at Owner’s expense.
Use diligent efforts to enforce leases in accordance with their terms and notify Owner when it becomes aware of any default under any lease. At Owner’s request make distributions from the Operating Account in accordance with the written request of the Owner.

Monthly Financial Reports

Our commitment to transparency includes providing detailed monthly financial reports, including:

How to Get Started

To begin, we request the following items:

01

Current Rent Roll

02

Previous Year P&L and Current Year P&L Year-to-Date

03

List of all third-party service providers

04

CAM, RE Tax, and Insurance Reconciliation

05

Copies of all Leases

06

Most recent Survey and Title Report

07

All building plans

08

All existing warranties

Once we have all of this information, we will then review all existing leases, prepare lease abstracts, analyze all current service contracts to determine if alternative contractors would be more cost effective, initiate preventive maintenance programs and surveys for all roofs, HVAC units and parking lot, attend to the maintenance supervision of all ordinary and extraordinary repairs and alterations.