NAI Michael has been an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) since 1976. The rigorous standard of the AMO designation requires a firm to employ the most professional policies and procedures to ensure that the value of your commercial real estate investment is maintained and continuously enhanced. Our proven experience and professionalism further solidifies our commitment to employ integrity and the highest level of quality services available in the industry. We manage over six million square feet of commercial retail, industrial, office, commercial condominium, and bank REO properties throughout the Washington DC Metropolitan Area. With properties ranging from 5,000 to 2,000,000 square feet in size, our private investors and larger institutional owners all receive an array of quality reports and services designed to keep the property performing at the highest level.
As a member of NAI Global, NAI Michael's Property Management division is an active board member of the NAI Global Property Management Council. This connects us to other property managers and management firms around the globe.
Utilizing YARDI Property Management software, we prepare a full array of clear, but comprehensive reports detailing all property income and expenses. Annual budgets are prepared and monitored to ensure revenue and expense goals are met and modified as required.
Our experienced team of property managers understands the importance of establishing and maintaining effective communications and a strong rapport with all property tenants. Regularly scheduled property visits, tenant socials, tenant meetings, and individually designed property tenant activity programs are all designed to maintain full lease compliance and ensure maximum tenant retention. Our property owners enjoy a tenant retention rate of 94%, which contributes towards the increase and stabilization of many property values.
Our property managers and certified building engineers work together to minimize costly repairs by designing and implementing a full preventative maintenance program to guarantee your asset is operated in the most efficient and quality manner. Scheduled property inspections allow the property manager to issue monthly building condition reports to the owner detailing the physical operations and management of the property.