You can expect the best in commercial associations’ property management with MarWest Commercial. Many competitors specialize in residential association (HOA’s) or traditional landlord/tenant lease management. MarWest Commercial specializes in commercial associations formation and management. Founded in 2003, we have managed commercial associations since our inception. MarWest Commercial realized that commercial properties are unique and require to be managed differently than residential associations. In 2013, MarWest Commercial pioneered the passing of Senate Bill 752 and in January of 2014, the Commercial and Industrial Common Interest Development Act (CI-CID) separated commercial associations from the Davis Stirling Act (residential) which governed them since 1986. We know our industry better than anyone so you can be confident that your association will be managed effectively and efficiently. Integrity is at the core of everything we do.
○ Review common area, parking structures, landscape & project related plans
○ Conduct ongoing common area property inspections
○Identify areas of risk, advise, & mitigate
○ Review, implement, and manage vendor performance and contract/insurance compliance
○ Verify and track vendor licensing
○ Provide 24/7 emergency response service
○ Maintain c
○ Review common area, parking structures, landscape & project related plans
○ Conduct ongoing common area property inspections
○Identify areas of risk, advise, & mitigate
○ Review, implement, and manage vendor performance and contract/insurance compliance
○ Verify and track vendor licensing
○ Provide 24/7 emergency response service
○ Maintain communication with association members and boards
○ Enforce the association’s CC&Rs and Rules and Regulations
○ Perform Oversight Project Management
○ Review governing documents: CC&Rs, Bylaws, Condo Plan, Sign Criteria, Design Guidelines, Construction Guidelines, Easement Agreements, and any other governing documents
○ Provide operational input and/or assist in amending governing documents for maximum efficiency and cost containment
○ Bind applicable association insurance policies: GL,
○ Review governing documents: CC&Rs, Bylaws, Condo Plan, Sign Criteria, Design Guidelines, Construction Guidelines, Easement Agreements, and any other governing documents
○ Provide operational input and/or assist in amending governing documents for maximum efficiency and cost containment
○ Bind applicable association insurance policies: GL, Property, D&O, Fidelity, Worker’s Comp
○ Comply with all corporate and governing statues.
○ Schedule, lead, and document annual and member, board, and special meetings
○Coordinate the preparation & filing of the annual tax return
○ Review existing association budgets and make recommendations
○ Provide accurate, comprehensive, and timely accounting (collection and assessment invoicing)
○ Generate complete quarterly financial report packages (budget vs. actual variance analysis, profit & loss statement, general ledger, balance sheet, and bank statements)
○ Prepare Oper
○ Review existing association budgets and make recommendations
○ Provide accurate, comprehensive, and timely accounting (collection and assessment invoicing)
○ Generate complete quarterly financial report packages (budget vs. actual variance analysis, profit & loss statement, general ledger, balance sheet, and bank statements)
○ Prepare Operating & Capital Reserve Budgets
○ Track and pay association property taxes
○ Interface with legal and financial counsel as needed
○ Secure, review, and negotiate vendor bids
Industry & Technical Knowledge, including CC&R Enforcement - Commercial Property Owners Associations are subject to a variety of governing documents, such as CC&Rs, SLURs, REAs, Development Agreements, Statutes and California Civil Code. MarWest Commercial has an unmatched understanding of these underlying documents and can be of great assistance in Unit Owner
conflict/resolution, risk mitigation, planning & budgeting and project management. MarWest will enforce all covenants within these Governing Documents to protect membership interest, at the direction of the Board of Directors.
Insuring the common area property within a CID can be complex MarWest frequently
consults with its Insurance Broker/Risk Manager in order to ensure the highest level of coverage while ensuring insurance premiums are competitive.
MarWest closely reviews the Association's operating budgets and identifies cost savings that may be captured by the Association. MarWest ensures current association operating allocations are in compliance with the assessment structure outlined in the CC&Rs. MarWest can prepare new fiscal year budgets as well as provide a one-stop shop for all Association Accounting, Budgeting and Quarterly Financial Reporting needs.
Property Operations - MarWest provides superior Association Management Services in coordination with all Association Governing
Documents. MarWest has an extensive understanding of “what is common area maintenance responsibility and what is not” and will
work towards ensuring a continuous common “Uniform Look”. MarWest is responsive to the needs of Owners 24/7, and strives to provide open communication by creating professional relationships while increasing value through diligent property maintenance.
MarWest actively analyzes current operations and makes recommendations for long term cost savings. For instance, reviewing the meter structure for common area lighting versus building lighting and evaluating having separately metered electricity to obtain a lower per kilowatt rate for non-peak electrical usage. Realized cost savings at other associations has been
20-25% in perpetuity.
MarWest Commercial Real Estate Services, LLC
15241 Laguna Canyon Rd, Irvine CA 92618
Copyright © 2023 MarWest Commercial Real Estate Services, LLC - All Rights Reserved.
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