End-to-End Management for Net Leased Properties

We handle the accounting, tax, insurance, site oversight, and lease administration so you can focus on enjoying steady passive income.

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Accounting and Financial Administration

From paperwork chaos to clean and orderly bookkeeping.

Our comprehensive suite of financial services includes base rent collection, tenant reimbursements and annual CAM reconciliation, payment of project expenses, handling rental sales tax, owner/partnership cash distribution management, loan payments on behalf of owners, and creation of financial statements. Everything is managed through a cloud-based software with access to an owner portal for financial reports and property data that is accessible 24/7.

  • Annual operating budgets
  • Monthly financial reporting
  • Tenant collections: rent, CAM, property tax, and insurance
  •  Insurance, and tax impounds
  • Operating expense reconciliations
  • Tax filing preparation (1099)
  • Loan payments (if applicable)
  • Owner and partnership cash distributions

Property Taxes

Ensuring timely payments, tracked and audited.

When it comes to property taxes, we meet the unique demands of your investments by obtaining requirements from the taxing authority and paying taxes on your behalf while subsequently seeking reimbursement from Tenant, or we track direct payments from tenants to ensure they are fulfilling their requirements.

  • Property tax tracking and auditing
  • Property tax payments
  • Tenant property tax reimbursements
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Insurance

Coverage coordination and compliance made simple.

When it comes to insurance, compliance is key. On behalf of landlords, we track insurance policy expirations and monitor tenant compliance with lease provisions. While we strive to keep owners informed on tenant coverage, we cannot guarantee compliance.

  • Tenant insurance compliance
  • Landlord insurance compliance
  • Insurance premium payments
  • Tenant insurance reimbursements

Landlord Site Responsibilities

We handle vendors, invoices, and payments – fulfilling exterior maintenance obligations so you don’t have to.

We not only handle the administrative burden of net leased investments but also landlord maintenance responsibilities associated with ownership. NLM can help you manage one-time and on-going property upkeep including landscaping, day porter duties, roof and parking lot maintenance as well as REA and Owner Association Compliance.

  • Coordination oversight and dispatch of vendors
  • Ensure Declaration compliance
  • Reciprocal easement agreement oversignt
  • CC&R’s and association requirements
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Lease Administration

We interpret lease language based on unique insights gained from managing national tenants.

From lease abstraction and tenant lease compliance to expense recovery and management of critical dates, we thoroughly understand the nuances of commercial leases. The Net Leased Management team can review your lease to determine owner and tenant responsibilities then provide lease information to Owners so they can make informed critical decisions based on their unique conditions. We also oversee compliance of these provisions. Our streamlined lease administration services ensure the hassle-free success of your investment.

  • Tenant lease abstract
  • Tenant lease compliance
  • Critical date tracking: Lease expirations, renewals, and options

Optional Support Services

Things come up, and when they do, NLM is here to help.

Need more? We also provide expanded services to support your investment.

  • Lease renewals
  • Lease extensions
  • Refinancing support
  • Major repairs and replacements
  • Insurance claim support
  • Site redevelopment
  • Tenant move-outs
  • Property sale support
  • Tenant onboarding and offboarding support
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Ready to Simplify Your ownership Experience?

Connect with our team to learn how we can help you save time, reduce stress, and get the most out of your net leased investment.