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The monthly fee real estate owners pay a property management company tends to cover most day-to-day expenses. However, some property management companies could charge one-time and a la carte fees ...
A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square ...
John Elkington's involvement with the redevelopment of historic Beale Street in downtown Memphis began in 1982. After decades of decline and an ill-conceived urban renewal program that left the formerly vibrant area desolate and the street lined with empty, crumbling buildings, John Elkington agreed to lead the development and management of the massive project.
Typical duties expected of a property manager include finding/evicting, dealing with tenants, and coordinating with the owner's wishes. In addition, such arrangements may require the property manager to collect rents and pay necessary expenses and taxes, making periodic reports to the owner, or the owner may delegate specific tasks and deal with others directly.
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The company was founded in 1977 by George E. Cates. [3] In 1993, the company was organized as a real estate investment trust. [1] In February 1994, the company acquired The Cates Company from George E. Cates and became a public company via an initial public offering. [3] In March 2009, founder George E. Cates retired. [3]
Memphis Mayor Paul Young announced that he would be seeking a property tax increase to account for a $30 million shortfall in the city budget. Young on Tuesday said that due to a decrease in ...
Great Jones is an American property management firm based in New York, NY. It was founded by Jay Goldklang, Abigail Besdin, and David Diaz. [1] The company developed technology which allows homeowners to manage their rental homes via smartphone or the internet, acting as a Group Purchasing Organization (GPO) through consolidated purchasing for materials used in property maintenance.