Morlin offers commercial owners advantages that are key to maximizing property value.
Our primary goal is to achieve full occupancy of your property at the highest market rates, retain tenants and maintain the lowest possible operating costs.
ABILITY TO CO-INVEST WITH OUR CLIENTS
Morlin has the ability to provide equity co-investments, joint ventures, or mezzanine financings on a case-by-case basis when invited by our clients. This further strengthens the alignment of our mutual objectives.
PERSONAL, PRINCIPAL INVOLVEMENT
Morlin’s management style is hands-on, with careful attention to detail and service.
Every property is personally monitored by the Principals of Morlin, through regularly scheduled site visits.
ACCREDITED MANAGEMENT ORGANIZATION (AMO®) DESIGNATION
This distinguished designation, from the Institute of Real Estate Management, has been awarded to only 3% of the property management firms in the U.S. Morlin’s AMO® designation assures you will receive a superior level of service and expertise essential to maximizing the value of your investment.
Our first step is to understand your needs, goals and objectives. Next, we match the appropriate Morlin team members to you and your property. Morlin’s team includes Licensed Real Estate Brokers and individuals with the designation of CPM® and RPA® Our approach to property management is proactive, and methods to maximize your property’s value are always being investigated.
Morlin has an in-depth understanding of the issues affecting investment properties in the unique and complex California marketplace. Our network includes key California individuals who influence the real estate marketplace and track leading economic indicators. This knowledge shapes the value enhancing strategies that Morlin develops for each property.
PROACTIVE PROPERTY MANAGEMENT
Our buildings are inspected regularly to anticipate and resolve problems before they occur, which ensures less tenant turnover and reduced maintenance and repair costs. Owners are provided reports regularly, so you always have an accurate, timely status of your property.
ABILITY TO UNCOVER “HIDDEN VALUE”
We constantly assess each property to identify areas to improve or convert to add immediate value to your property. For one client, we converted a non-producing basement area of their property to an income producing theater. This resulted in a 10% increase in property revenue and a substantial boost in sales revenue for the restaurants in the building.
SUPERIOR FINANCIAL REPORTING
Clients often comment that the reporting approach used by Morlin is superior to that of other property management companies. Numerous clients are particularly impressed with the array of individualized reports to meet clients’ specific needs.
SYSTEM OF CHECKS AND BALANCES
Two property controllers are assigned to each property and both controllers are knowledgeable of the detailed financials of the property. To ensure the accuracy of reporting, the alternate controller verifies the results of the primary controller. The alternate controller is able to immediately assume the duties of the primary property controller as necessary to ensure the timeliness of the reporting.
LOWER OWNER’S OPERATING COSTS
Morlin continually seeks better, more efficient and less expensive ways to care for your property and passes those savings on to the owner. Through a strategic alliance with an internationally recognized insurance provider, we offer our clients the option of a more comprehensive insurance package at a lower cost. We are often able to provide our clients with savings to off-set our property management fee as well as increase their bottom-line profits.
FORMAL TENANT RETENTION PROGRAM
Tenant turnovers cost building owners money. Knowing this, one of the first steps we take with a new property is to develop a tailored Tenant Retention/Satisfaction Program based on a tenant survey.
The program is modified throughout the property management cycle to ensure ultimate tenant satisfaction and retention.
Our staff is dedicated to and prides itself on immediately responding to service requests and emergencies 24 hours a day, 7 days a week.
INDUSTRY INVOLVEMENT AND LEADERSHIP
Leader in industry associations since 1984.
Morlin Asset Management, LP
701 N Brand Blvd., Suite 810
Glendale, CA 91203
Phone: (213) 622-4442
Fax: (213) 622-6491