Real Estate Services.
Property Management
Cardinal Point has an experienced full-time property management and maintenance team that effectively and efficiently services commercial real estate assets. The staff is professional, courteous, diligent, and always strives to develop formidable and enduring relationships with its tenants and ownership groups.
Additionally, the Company has developed exemplary relationships and pricing with a variety of property service vendors that ultimately results in monumental operational savings. The overall scale of the property management platform with offices throughout Florida in Tampa, Orlando, and Ft. Lauderdale provides Cardinal Point with tremendous economies of scale in negotiating service contracts for key maintenance items such as: janitorial, plumbing, electrical, irrigation and landscaping, fire safety, building security, roof repairs, mechanical systems, and general building improvements.
Brokerage Services
Cardinal Point is a licensed real estate broker with multiple licensed agents. Cardinal Point’s experienced team of professionals have extensive experience representing and negotiating complex transactions including lease agreements, acquisitions, sales, debt financing, and equity joint ventures. Cardinal Point is actively involved in numerous real estate professional organizations including NAIOP, ICSC, ULI, SOREP, and REIC Tampa Bay. Cardinal Point utilizes CoStar, LoopNet, MLS, and various other online marketing tools in addition to the personal relationships developed over years of transactional experience.
Asset Management
Asset management services at Cardinal Point are a natural extension of the leasing and property management functions. Our combination of keen investment analyses and first-class real estate management often yield conclusive insights regarding the potential profit and operating performance of managed properties. Using their experience, the asset management team at Cardinal Point will develop and administer pro forma investment plans designed around the specific goals of an ownership group. The team also provides owners with services related to due diligence, valuation estimates, market data studies, construction management, site selection, and consultation around recognized best practices.
Construction Management
Cardinal Point has an experienced construction management staff that can effectively and efficiently oversee improvements at specific properties. Services often include the bidding and selection of architects, engineers, and tenant improvement or capital improvement contractors. Additional services include construction administration, on-site field inspections, and the coordination and supervision of various contractor obligations until project completion.
Property Accounting
Cardinal Point utilizes Yardi Voyager as its accounting system platform. Detailed client reports are available on a monthly basis for individual properties or a specified portfolio of assets. Standard reports include an Income Statement, Balance Sheet, Cash Flow Statement, Variance Analysis relative to Annual Budgets, Bank Statements, Aged Receivables and Payables, Rent Rolls, and Leasing Reports. Reports can be modified and customized based upon client preferences. Furthermore, the detailed and comprehensive accounting protocols of the Cardinal Point team help ensure that all eligible tenant expenses are appropriately allocated to maximize the NOI at a specific property.