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Commercial Management

Packard Hospitality Management (PHM) is a full-service commercial management company providing turn-key management solutions for retail centers, office buildings, conference centers, industrial projects and marinas. Our unique business model, professionalism and commitment to responsiveness and high quality service, are why property owners in diverse locations and markets rely upon us to achieve their operational and financial goals. Our seasoned management team has extensive experience in commercial property management, lease administration, construction management and commercial property accounting for projects of varying sizes and ownership structures.

Packard Hospitality Management evaluates every property including its position in its local market. We use that analysis to create an economic forecast and design a strategic business plan that will achieve the owner's specific business objectives. We then work that plan and fine-tune it as necessary to maximize income, minimize expenses and enhance property value.

We look forward to providing you the same high level of exceptional client service and maximizing the value of your asset.

The services provided by Packard Hospitality Management (PHM) include:

Project/Building Operations and Maintenance

  • Regularly scheduled property inspections
  • 24 hour emergency response
  • Preferred vendors/competitive bidding
  • Vendor selection/management/supervision
  • Tenant relations

Accounting and Financial Reporting

  • Accounting systems MRI and Yardi
  • Customized monthly financial statements
  • CAM and operation expense reconciliations
  • Lender reporting
  • Budgeting
  • Financial forecasting
  • Cash-flow analysis
  • Accounts payable
  • 1099 preparation

Lease Administration & Contract Management

  • CPI increases
  • Rent collections
  • Default notices
  • Tenant and vendor insurance compliance

Project management

  • Capital improvement management (roof replacements, HVAC upgrades, ADA compliance, Energy retrofits)
  • Tenant Improvement management
  • Acquisitions/Dispositions

Leasing

  • Lease renewals
  • Leasing broker support

Marketing

  • Property image and branding
  • Website creation
  • Promotions
  • Advertising

Clients can benefit from the capabilities of our sister companies. For example The Packard Companies are a licensed California General Contractor and licensed Real Estate Broker. We can also provide Human Resources services to support your onsite staffing needs.

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