Other Revenue Generating
Property Management
Hotels, Senior Care Centres, Mini Storage, Parking lots, etc…
Larlyn recognizes that no two properties are exactly alike. In today’s marketplace, filled with challenges, there is no such thing as the “ideal” property. More often than not, properties face tough head-to-head competition for market share. The management team of every property must understand the importance of continually fine-tuning their product, matching it to ever changing needs and interests of their clients and patrons.
Fierce economic pressures make the correct management decisions critical for success. Thus the ability to combine high-caliber, professional management experience with flexible new solutions is essential.
Larlyn’s purpose is to meet the objectives of owners and lenders by helping them set goals that capitalize on the true potential of their property, and then managing to assure that these goals are met on both a timely and profitable basis with increases in operating performance driven by improvements in service levels and employee satisfaction. The future of each property is mapped out strategically, and every management decision is balanced against the objectives of the overall plan.
Our comprehensive range of services extends to providing professional administration of services including:
ON-SITE PERSONEL & OPERATIONS
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Our team ensures resident/guest/patron satisfaction through our keen attention to detail, customer service, site maintenance, frequent operating reports and the execution of owner objectives.
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We work through on-site management to bring to the property the advantage of a consistent management style while expanding the skills, knowledge and experience upon which the property and its owners can rely.
TRAINING & HUMAN RESOURCES
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Introduction of improved selection, training and motivation of staff.
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Maintenance and Capital Improvement Management
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Coordination of on-site inspections, bidding, budgeting, contractor management and more to protect the property’s plant and asset value as well as to meet the expectations of its clients.
FINANCE, ADMINISTRATION & INFORMATION SERVICES
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Accurate and timely financial reporting provided on every asset
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Accounting, risk management, property tax review and appeal, acquisition, and due diligence sales activities.
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Monthly property accounting including payroll, accounts payable and monthly statement preparation are centralized off-site in order to improve efficiency and reduce payroll.
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Full financial statements, based on a uniform system of accounts, along with general ledger listings are submitted to the Owner each month.
MARKETING
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Larlyn is well recognized for developing and executing professional marketing campaigns that consistently meet property performance objectives for new, existing and repositioned properties.
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We view sales and marketing as principally a property-based activity. Under the specific guidance of senior Larlyn professionals and enhanced through economies of scale, site managers are required to be actively involved in establishing and implementing a marketing program best-suited to the property.
ASSET MAXIMIZATION
- Undertaking periodic physical reassessments of each managed property in order to determine how investment returns might be improved by implementing changes in the physical structure.
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