Commercial-Industrial-Association Management
Commercial Association Management
As a business owner, you already have full plate of things to do each day. Commercial association management does not need to be one more thing. Let Ventures Property Management help. Our professional property management team can handle all of your financial, administrative, and maintenance issues efficiently and economically.
Non-Profit Corporation Management
Association/Property Management
Individual Owner Commercial Management
Non-Profit Corporation Management
Review governing documents (CC&Rs, Bylaws, Condo Plan, Sign Criteria, Design Guidelines, Construction Guidelines, Easement Agreements and any other governing documents)
Provide operational input and/or assist in amending all governing documents for maximum efficiency and cost containment
Bind applicable association insurance policies (GL, Property, D&O, Fidelity, Worker’s Comp)
Schedule, lead, and document the annual and special member and board meetings
Coordinate the preparation & filing of the annual tax return, filing and tax payments
Association / Property Management
Review common area, parking structures, landscape, & project related plans
Conduct ongoing common area property inspections
Identify areas of risk, advise, & mitigate
Review, implement, and manage vendor performance and contract/insurance compliance
Verify that vendors are insured & request COI
Maintain communication with association members and boards
Enforce the association’s CC&Rs and project rules
Schedule quarterly board meetings to review financials (budget vs. actual variance analysis, profit & loss statement, general ledger, balance sheet, bank statements & reconciliations)
Prepare operating & capital reserve budgets
Board Meeting Preparation and Management
Association Reserves Planning
Individual Owner Commercial Management
Collect rent from tenants
Get competitive bids from our vendors for landscaping, snow removal, seal coating, fire & safety inspections, and roof.
Handle & coordinate common area repairs
Yearly income/expense reporting
Stress Free Ownership
Licensed & Insured
Our clients include local and out-of-state investors, owners of generationally inherited properties,
real estate investment groups, and individuals.
Whether you are local or out of state, you can be assured that Ventures Property Management will manage your building as if it’s our own!
Office
847 S. Randall Rd. Ste 315
Elgin, IL 60123
Call Us
(847) 361-9075