PPM Real Estate
A wholly owned subsidiary of Progressive Property Management, Inc., PPM Real Estate came into being as a result of specific client requests. It offers buying, selling and leasing services not typically performed by property management firms. Its continued and growing success is based on three principles: integrity, loyalty to clients, and continuing education. Our clients are our best reference. PPM has grown comfortably and without effort in sales and leasing as a direct request by our client base.
It's the full service relationship that secures clients. Searching, acquisition, management, maintenance, financial reporting and the selling of assets that our clients enjoy. Our clients are Real Estate Investors who need to entrust their real estate properties to a company who work for them, who looks out for them, who becomes in essence, their partner!
PPM's reputation and excellent relationships with the Lancaster City Agencies and many of the County Municipalities benefit all of PPM's clients in growth, management and development including Planning, Building and Zoning concerns.
Commercial Sales and Leasing
Commercial, Industrial, Investment and Land
- Comprehensive sale and/or leasing service.
- Establishing property value.
- Marketing and advertising.
- Assistance in negotiations.
- Transaction management to completion.
Property Management
PPM is fully equipped to provide true "turn key" property management. Our capabilities encompass commercial office management and commercial condominium associations; industrial warehouse and manufacturing management and retail property management.
Commercial Office Management
- Owner/tenant liaison.
- Rent collection.
- Rent increase notifications and collections.
- Enforcing lease terms and conditions.
- Landlord/tenant negotiations and eviction representation.
- Lease renewal processes.
- Office turnover, preparation, advertising, tenant qualification and lease signing.
- Office inspections and follow-up correspondence.
- Interior and exterior maintenance services and repairs.
- Routine and capital improvement analysis and contracting.
- Financial reporting to the owners.
- Accounts Payable, Accounts Recievable, and Financial Reporting.
- Municipal and emergency personnel contact.
Condominium Association Management
- Annual budget preparation, including capital reserve items.
- Competitive bidding for property services.
- CAM fee collections.
- Occupant notifications.
- Exterior maintenance (in accordance with annual budgets).
- Reserve analysis and implementation.
- Owner financial report and end-of-year tax preparation (in conjunction with the owner's accountant).
- Preparation for attendance and Board representation at annual meetings.
- Board Support with Document Interpretation & Deliquency Collection Support.
- Accounts Payable, Accounts Recievable, and Financial Reporting.
- Municipal and emergency personnel contact.
Industrial Warehouse
- Owner/tenant liaison.
- Exterior maintenance and repairs.
- Building use, market value and lease terms consultation.
- Lease enforcement, including renewals, collections, improvements.
- Unit turnover, preparation, marketing, tenant screening and lease preparation.
- Financial reporting to the owners on a quarterly basis.
- Accounts Payable, Accounts Recievable, and Financial Reporting.
- Municipal and emergency personnel contact.
Retail Management
- Owner/tenant liaison.
- Budget preparation for CAM fees.
- Service contractor hiring and management.
- Lease renewals, negotiations and rent increases.
- Unit turnover, marketing, screening, lease negotiations and signing.
- Rent and CAM collections.
- Financial reporting to the owners, quarterly or monthly.
- Accounts Payable, Accounts Recievable, and Financial Reporting.
- Municipal and emergency personnel contact.
Commitment to continuing education.
Progressive Property Management supports its staff by providing continuing education in real estate courses, property management, computer/technology and personal development courses.
Project Development
In recent years, PPM has enjoyed growth in Project Development coordination and consultation, with increasing requests for these services. Our experience includes:
- Progress billing.
- Progress coordination for construction of residential rehab projects.
- Capital improvements for various types of real estate projects.
To continue growing and expanding our Project Development operations, we are committed to maintaining competitive pricing and providing service that always reflects our integrity, commitment and fidelity to clients' interests.
Site Market and Analysis
PPM, Inc. is fully licensed to prepare real estate market analyses for our clients. In addition, we are experienced as consultants in the following areas:
- Bidding and construction coordination for property renovations, new improvements and new construction.
- Land development coordinates stages of development with local municipalities and professionals.
- Preparing local housing authority documentation, municipal agency approvals, and reports required for locally funded and/or state-funded projects, including local redevelopment authorities and the Pennsylvania Housing Authority.