Fidelity Commercial: Services
Fidelity Commercial Real Estate

 

PROPERTY & ASSET MANAGEMENT

Fidelity Commercial is known for our ability to increase the value of a commercial properties through the implementation of our innovative management program.

We have developed a truly unique service approach that provides the most comprehensive management expertise on every level. Other real estate companies provide you with a single account executive who handles tenant relations as well as building operations and maintenance. This person is charged with overseeing the entire staff of the property - quite a daunting responsibility. Only Fidelity Commercial provides you with an asset manager and a property manager, who each handle their own specialized field of expertise. This ensures that both important service areas receive priority attention.

Hiring Fidelity Commercial is like having your own in-house owner's representative. Our asset manager serves as your watchdog by concentrating on reviewing expenses and tracking income. The asset manager's duties include rent collection, tenant concerns, delinquent accounts, and the disbursement of money.

Fidelity Commercial's property manger, meanwhile, focuses on the physical operations on your building and closely oversees the activities of building personnel such as superintendents, building managers, porters, etc. The property manager makes sure the building is safe operable and up to code.

Regular meetings are held with the building owner; at which time the asset manager and property manager report on the building's financial situation. At the end of each month, the asset manager and the property manager together review expenses that have been incurred in property management. Additionally, they convene annually to prepare a budget for the following year and a report to the owner. The property manager, in conjunction with the owner's leasing agent, calculates anticipated expenses for the following year, and the asset manager uses those calculations to project leasing assumptions.

Fidelity Commercial's two-pronged approach protects the value of your investment. In buildings that are not managed by Fidelity Commercial, tenants typically discuss rent and other issues with an accounts receivable clerk, who cannot fully understand or efficiently address their needs. Because Fidelity Commercial assigns an asset manager who is specially trained to respond to tenant needs and is readily accessible to them, we achieve a higher level of satisfaction among tenants in the buildings we manage.

Our innovative team approach heightens accountability and efficiency of your building's management, enhances your relationship with tenants, and ultimately, improves your investment.

As one of the largest privately held commercial real estate firms in the Philadelphia Region, Fidelity Commercial gives you an edge in today's competitive real estate world.

 

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