Leasing & Property Management
AIM Realty Group Chicago's Property Management Division's success is a direct result of our ability to understand the basic principles of effective property management. In fact, our current personal portfolio consists of over 1,000 units spread across multiple larger mixed-use and multi-family properties throughout Chicago. Property management is fundamentally how we became who we are today and is still the underlying foundation of AIM Realty Group Chicago. Our company-wide objectives are to maximize our investors' return though asset appreciation, capital reinvestment and value enhancement. Through our sensitive and proactive approach to marketplace conditions, our property management team strives to utilize the most effective ways to reach and exceed your financial goals. There are several key components that we incorporate in our approach to property management: marketing, operations, administration, finance, and accounting.
We take a strategic approach to creating a distinctive, market position for each of our properties. A strong corporate and building identity, an effective advertising campaign, and a comprehensive marketing plan create a property image for our target market. This market awareness generates curiosity and builds traffic, allowing our leasing professionals to use their skills to close potential residents.
Operations and Administration
Our firm will be responsible for the supervision of operations, administrations, employees, repairs, contracts and purchases. We will also review insurance and investigate claims, as well as inventory building equipment and develop a preventive maintenance program. We will meet with ownership monthly or as necessary to review the status of these and other property management items.
We strongly believe that the backbone of the real estate industry is the resident. We are constantly collaborating with our tenants to identify their needs and solving any issue that may arise. We utilize the "hands-on" approach to cater to residents' needs by maintaining consistent contact with our residents and providing every avenue for them to reach one of our representatives when the need arises. In the event of an emergency should arise, we provide our residents with a 24/7 emergency call service.
Finance and Accounting
We understand that the business of property management is not as simple as collecting rent and paying bills. Our clients are served by a fully trained, in-house accounting department, as well as a state of the art computerized accounting and report system, allowing for our associates to develop an intimate knowledge of each property. We provide owners with detailed monthly financial statements, which include rent rolls, monthly and year to date income and expense reports, and a statement of cash flow, reconciled monthly to the individual building's checkbook and bank statement.
AIM Realty Group Chicago actively seeks new methods to help keep our residents engaged and active within their respective communities. Raffles, newsletters and partnership programs are just a few examples of how we accomplish this. Combining that with first-class service is what enables us to engage our residents outside of the average rental experience and sets our properties apart from the rest of the market. It is this passion and dedication to the resident experience that has become a driving force behind the high retention rates at AIM Chicago properties.
Types of Properties We Manage:
- Homeowners Association (20-99 units)
- Homeowners Association (100+ units)
- Condominium Association (20-99 units)
- Condominium Association (100+ units)
- Multi-Family (20-99 units)
- Multi-Family (100+ units)
- Retail (10,000 – 100,000 sqft)
- Office (Up to 9,999 sqft)
- Office (10,000 – 100,000 sqft)
AIM Realty Group Chicago provides coordinated landlord leasing services that leverage local market intelligence and established relationships to achieve maximum occupancy levels for client properties and to quickly secure tenants to fill vacated space. We provide market exposure for the property, build the landlord's image and create a leasing strategy that attracts and retains quality tenants.
We offer centralized property and lease administration and database services that relieve real estate managers of the demands of property tracking, renewal and other non-core administrative tasks.
Our service is more than simply finding, providing and leasing office space; it's about understanding people, their business, and responding to their requirements by providing market leading solutions that work in congruence for both landlords and tenants.
Playing a pivotal role in the successful performance of property portfolios for institutions, trusts, developers and private owners, our team provides a multi-faceted service providing sound market and financial advice, backed by our research department, allowing us to understand and identify future trends and conditions. We undertake major office leasing and project marketing tasks, lease office accommodation in portfolio buildings, perform financial and market rental analysis, and negotiate lease documents.
Tenants and landlords both benefit from the unmatched experience, market knowledge, and integrity of our office professionals. Our transaction services are provided on a regional and local basis to developers and entrepreneurs.
Our in-depth knowledge of regional retail markets is evident in our track record of successful, multi-faceted retail solutions deliverd via our first class working relationships with major national retailers and developers. Our second-to-non project marketing experience successfully seeks new tenants and offers owners strategic marketing and merchandising advice.
We evaluate and identify socioeconomic and demographic data; transport and accessibility; pedestrian flow; tourist counts, existing distribution networks; store size factor in sales productivity; gross occupancy cost analysis; and urban and suburban expansion considerations, among other factors.