For a stable cash-flowing asset the ongoing management of the property is critical. Good management maintains long term tenants, contains expenses, maximizes cash flow, protects your capital invest and increases long term value. The BluRock Commercial Real Estate management program takes care of the day-to-day responsibilities by going on property several times a week to uncover issues before they become problems. Our managers talk to the tenants so they know someone is looking after the property and their concerns. We provide constant oversight of responsible vendors and contractors to insure they conform to there contract obligations. In addition, we prepare annual operating and capital budgets, manage cash flow and collections, make the deposits, pay the bills and provide monthly reporting to the owners. Our management department is headed by a senior property manager with 10 years experience that includes retail, office and industrial properties. Oversight of all financial aspects of our management group is by Theodore Schuemann, BluRock Commercial Real Estate co-founder and Certified Public Accountant.