Triumph Real Estate Corporation selectively offers full-service property management for retail, office, industrial, and multi-family properties. With decades of experience in development, management, construction, and leasing, Triumph is able to consistently exceed owner expectations.

"The traditional approach to property management is entirely custodial. At Triumph, we take a different approach--a more thorough and thoughtful approach. We create the opportunity to enhance value of the asset over the long term. We stand prepared to do what it takes to deliver results that are beyond success."

-Paul Ruff, President and Founder

Successful management begins with the Transition Phase. This phase is central to the development and implementation of a meaningful Management Plan. Triumph uses a multi-discipline approach to tackle new management projects. We insert a team of experts in accounting, law, finance, construction, public relations, and administrative and operations management. This team examines every nook and cranny, leaving no stone unturned. We quickly identify areas of hidden costs and revenue opportunity. The team then develops a Management Improvement and Operating Plan consistent with our client's short and long range objectives. This Plan, which is the subject of constant review, analysis, and adjustment, establishes the basis for the physical, financial, and administrative management of the real property and creates the opportunity to enhance the value of the asset over the long term. Triumph's Total Management Service encompasses Physical, Administrative and Financial Management.

Physical Management Service

• Supervise day-to-day operations, routine maintenance, inspections and engineering services.
• Design and implement preventive maintenance programs.
• Negotiate and administer service contracts including supervision of all outside contractors.
• Supervise space planning and construction of tenant improvements.
• Staff and supervise facility personnel.
• Supervise capital improvement projects including common area improvements, HVAC retrofits and replacement, structural renovations, emergency power system installation, and electrical retrofits.
• Establish emergency protocol and provide around-the-clock emergency service.
• Review, design and implement programs for security systems and life safety considerations.

Administrative Management Service

• Perform market analyses, evaluate competition and develop marketing and leasing strategies.
  
• Coordinate lease review, abstracting, and administration.
• Negotiate commercial leases.
• Provide risk management services and oversee and manage liability, worker's compensation, and property insurance for both the facility and tenants.
• Perform legal services with respect to lease enforcement and eviction coordination.
• Establish and maintain bank accounts including trust funds to protect the needs of the client.
• Design and implement tenant screening criteria.
• Coordinate property activities with local, state and federal government.

Financial Management Service

• Develop and implement capital budgets at the direction of the client.
• Provide state-of-the-art accounting services including custom designed reports to accommodate each client's individual requirements.
• Invoice and collect rent, escalations, tenant charges and miscellaneous receipts.
• Administer and coordinate project loans.
• Establish and implement control procedures for timely payment of operating expenses.
• Provide a monthly narrative of significant budget variances and property management issues.
• Recommend and implement long and short term financing alternatives.