Office Buildings

Accredited Management Organization (AMO®)

 

Accounting and Reporting

Unlike most property management firms, Westlake can customized property owners' reports to whatever chart of accounts they are currently using or familiar with. Our financial system is so robust that we can also customize however many types of formats your business partners need- whether they are banks, government agencies, non-profits and the like. As we like to say " You are free to decorate your house- however you want, however many they are".

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Also, we guarantee that there will strictly be no co-mingling of funds with your porfolio or within your portfolio, if you so choose. We can set-up your financial and legal structures in such a way that they can be independent LLCs so your property has a layer of protection or "firewall". We consider this as part of our risk management service.

These services address the accounting and financial activities related to effective commercial property management:

  • Develop annual operating budget and monitor variances
  • Comprehensive monthly financial reports
  • Calculate and invoice operating expense recoveries (OPX)
  • Calculate and invoice common area maintenance (CAM)
  • Generate and process monthly rent invoices
  • Immediate electronic deposit of tenant receipts
  • Electronic imaging Accounts Payable processing
  • Reconcile bank statements within five days
  • Owner online access & review capability

 Westlake's Commercial Property Management Services Include:

Operation

Tenant Relations

Leasing & Marketing

Risk Management & Insurance

Maintenance/ Tenant Improvement

 Ask us how we reconcile numerous bank accounts in one day! Contact us at 1.888.423.8855 or info@westlake-realty.com.