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Management Advisory
AZUR provides asset management services through a network of affiliate management companies with a goal of consistent and skillful
hands-on management of facilities. Our network of third-party managers in our target markets maintain our core committment of ensuring tenant satisfaction while maximizing yields and profits for our investors.
AZUR’s asset management advisory services include the following:
Strategic Business Planning
AZUR maximizes asset value and ease of ownership by aligning ourselves with recognized industry experts and advisors that handle operations, leasing, sales and marketing, accounting, and legal issues.
Value Enhancement
AZUR performs a comprehensive assessment of asset value, including trade
and market area demographics, sales and business performance trends, and
other key criteria.
Lease Administration
AZUR negotiates and implements aggressive lease terms to protect client investments. AZUR further leverages its legal relationships to negotiate critical business and
legal points within lease documents and sale/purchase contracts.
Tenant Relations
AZUR believes strongly that attracting and retaining quality tenants is at
the heart of successful asset management. AZUR develops productive and equitable
relationships with tenants to achieve a suitable property/tenant mix and
sustainable revenue growth.
Property Marketing
AZUR targets cost-effective and results-oriented marketing programs to help
ensure property success by supporting the business success of tenants.
Tenant
Renovations and Capital Improvements
AZUR optimizes property appeal and investment returns by leveraging its
relationships in construction and maintenance.
Financing
AZUR leverages its relationships with brokers and lending institutions ranging
from local Credit Unions to Wall Street to implement effective strategies
for advantageous financing.
Budgeting, Accounting and Reporting
AZUR continually monitors each investments' financial performance through aggressive oversight of our local affiliates to ensures systematic rent collection policies. Our relationships with specialized consultants and accountants further enable us to take advantage of processes such as cost-segregation strategies targeted to maximize yields. We work closely with our accountants and consultants to ensure proper budgeting, acounting, and reporting procedures are met for each investment.