Our Commercial Management Services

We dedicate ourselves to provide management styles based on the wants and goals of the client.

Daily Services

Respond to tenant requests for information or maintenance

Provide 24-hour emergency service to the property

Oversee daily operations of the property and implement service contracts where needed

Responding to service requests for all general maintenace and repairs of the common areas of the property as well as the snow removal, landscaping, HVAC, janitorial, security, fire safety & sprinkler inspections, parking lots, and roof repairs

Other daily tasks and operations as needed

Monthly Services

Rent collection and follow up on arrears

Coordinate regular seasonal maintenance and/or any required maintenance

Complete property inspections for visible risk management, operational or maintenance issues, and coordinate/follow-up on work as needed

Obtain quotes for service work as required

Respond to tenant requests for maintenance and provide 24-hour emergency support

Administer the leases including the notification of rent increases or enforcing any lease infractions as required

Pay all monthly operating expenses

Provide monthly financial reporting and residual funds to the owner

Have monthly (or quarterly) management meetings with owners (meetings will adhere to COVID-19 rules set by AHS)

Annual Services

Create and fully implement an annual operating budget

Complete year end operating costs reconciliations and invoice or credit tenants accordingly

Complete a visual building inspection of all interior and exterior areas of the property for budget and management planning purposes

Obtain quotes and proposals for major repairs or capital projects

Meet with owner's to discuss budget and capital planning

Corporate Services

Make monthly mortgage payments or other debt service payments

Facilitate audits if required

File GST returns (monthly, quarterly, or annually)

Record keeping

Leasing Services

Negotiate renewals, expansions, contractions, relocations with exsisting tenants

Coordinate and/or engage new leasing with an outside leasing brokerage

Applicant screening

Provide lease documentation services (leases, renewals, amendments to lease, etc.)

Trust Accounting

New Ave Property Management Corp. (New Ave) is a licensed brokerage by the Real Estate Council of Alberta (RECA) and will follow all rules and regulations of RECA and the Real Estate Act of Alberta with respect to the handling of trust funds

New Ave utilizes Yardi Breeze Premier, an internet based specialized property management software recognized within the industry