We provide commercial real estate knowledge and expertise that transcends typical brokerage services. We’re in the business of listening, understanding, and adding value. Below please find our list of advisory services covering various asset classes and specialties. Our goal is to listen, collaborate and serve your commercial real estate needs with excellence.
General Contracting Partners, ltd.
Client Relationships Under Construction While location is of great importance in commercial real estate purchase and lease decisions, finding a workspace that conforms to the unique needs of your business can be challenging. Lee & Associates Cincinnati’s in-house construction division, General Contracting Partners, ltd. (GCP), can help you customize an existing commercial space or build an entirely new structure from the ground up. No matter what your needs or budget, we’ll help you deliver on your business potential with facilities that maximize your efficiencies and productivity. GCP is a full-service general contracting firm based in Cincinnati, Ohio, specializing in interior commercial finish and construction projects. We have successfully managed tenant improvements, refurbishments, renovations, and new construction projects throughout Ohio, Kentucky and Indiana. With more than 90 years of combined experience, our construction and project management personnel deliver exceptional solutions on time and on budget. Contact Larry May firstname.lastname@example.org for more information. Consultative Services GCP’s extensive experience allows us to offer you competitively priced construction services from design and planning through final inspections. And because we’re part of the Lee & Associates RICORE team, we’ll coordinate our efforts with your sales or leasing agent to offer greater time and cost savings than outside contractors. GCP can provide strategic counseling as you consider your commercial property options and begin discussions with owners, leasing agents and design professionals. Our menu driven and fully transparent pricing will help expedite your lease negotiations. We’ll help you evaluate all options – from refurbishment and renovation to tenant improvements and new construction – so you can determine what’s right for your business needs before you finalize your real estate plans. Because construction planning involves intricate details, we offer guidance and expert assistance with:
- Design document review
- Competitive subcontractor bidding
- Project estimating
- Value engineering
- Design and construction scheduling
No matter which option you choose, GCP has the expertise to create a workspace that will help enable your future success. Reconstruction Services GCP is committed to excellence with each project that we complete. We’ll help you get the most out of your commercial real estate lease by creating a workspace that has the physical characteristics you need to do business with more efficiencies and productivity than ever before. GCP’s reconstruction capabilities include the following services: Tenant Improvement Construction – GCP can help create productivity out of potential. If you’ve found the perfect location but the existing space is not properly built out, we’ll work with you to transform the property into a facility that meets your specific needs. Our construction professionals keep the process moving by providing quick turn around on tenant improvement quotes. We’ll customize existing spaces to fit your exact needs, and offer expert services including:
- Drywall installation and finishing
- Acoustical ceilings
- Floor coverings
- Sprinkler systems
- Glass replacement and addition
- Installation of doors, frames and hardware
- Installation of dock equipment
- Vacancy Refurbishment – Maximize your income opportunities by refurbishing vacant spaces quickly and cost effectively. GCP can provide recommendations to help you expedite repairs and bring your vacant units back into profitability. Refurbishment services include:
- Making necessary repairs to keep your space in top condition for potential tenants.
- Improvements to exterior facilities and landscaping features.
- Updated features and tenant amenities to keep your units desirable in a competitive real estate market.
- Renovations – As your business evolves, the functionality of your workspace must similarly adapt. GCP can help you make the most of your real estate investment with interior improvements that modify existing workspaces and add new functionality. By renovating your facilities, you can transform your real estate needs with minimal disruptions to your day-to-day business operations.
New Construction If new construction is best for your business, GCP can work with you and your Lee & Associates RICORE real estate advisor to develop an efficient plan for creating a new facility. Our staff will coordinate among our clients, architects, builders, subcontractors, property managers and building owners to ensure a quality product is delivered in a professional manner. At GCP, we deliver projects on time and on budget, building success one project at a time. Company Overview General Contracting Partners, ltd. (GCP) is a full service general contracting firm based in Cincinnati, Ohio, specializing in interior commercial finish and construction projects. GCP is a subsidiary of RICORE Investment Management, which was founded in 2001 to provide local and institutional clients with highly customized professional real estate services. Over the past decade, RICORE has grown into a regional real estate services company that provides Leasing and Investment Sale Brokerage Services, Property Management and Acquisition Services, Construction Management and Development, and Corporate Lease Administration. In July 2010, RICORE joined the Lee & Associates franchise family, and is now doing business as Lee & Associates Cincinnati. Cincinnat’s regional expertise and market knowledge, along with Lee & Associates Cincinnati’s national reach, award-winning technology, creative marketing programs, and culture of compensated cooperation provides our clients with unparalleled real estate investment results.
Maximum Competition… Maximum Value Whether you’re a potential tenant or a landlord with available space, partnering with a commercial real estate broker that understands your needs can help expedite a successful transaction and assure that your needs are met. Lee & Associates Cincinnati is one of the most recognized commercial real estate brands in the nation, combining local market expertise and a national network of brokers and advisors that drive superior results. For tenants, this allows us to locate qualified properties that meet your specific leasing needs by bringing local expertise to bear across a national database of potential sites. And for landlords, your properties are marketed and exposed to a wider pool of potential tenants, expanding your reach far beyond local and regional limits. Because no single company can identify even/qualified buyer. Lee & Associates RICORE has developed a culture based on compensated cooperation. When our brokers and advisors share qualified leads with other brokers, they have a better opportunity to successfully find solutions for our clients. This culture of cooperation provides maximum exposure for your properties, creating maximum competition in the market, resulting in maximum value for you. Ultimately, compensated cooperation helps close deals by encouraging a process that benefits all parties involved. Our clients achieve their real estate goals, brokers share compensation and, working together, we drive results. Landlord Representative When your available space is leased, you’re achieving maximum results. At Lee & Associates Cincinnati, our team of brokers and advisors provide you with exceptional market awareness so you can take advantage of opportunities as soon as they arise. Lee & Associates Cincinnati will help you achieve maximum exposure through a mix of technology-driven and traditional marketing strategies, including:
- The Broker List
- Broker email blasts
- Property-specific web pages
- Print & Social Media advertising
- Direct tenant mailers
- Door-to-door canvassing
- Cold calls
In addition, market cooperation ensures that competing brokers are showing our listed properties to their clients because we share fees and are completely responsive to their needs and client relationship sensitivities. Tenant Representative Every Lee & Associates Cincinnati client has its own specific real estate needs. Developing a complete understanding of your needs is the most important factor in helping you secure a lease that works for you from day one through the end of your term. We take the time to discuss your needs up front so that we can identify potential properties that will address your most important concerns:
- Property size and amenities
- Functional layout
- Rental and operating expense payment parameters
- Cost of relocation
- Tenant finish improvement requirements
Lee & Associates Cincinnati is in unique position to understand and represent your interests because, in addition to representing landlords, we are experienced commercial landlords, too. We understand how to approach landlords and most effectively structure leases for our clients, eliminating uncertainty and maximizing the benefits of leasing versus owning.
Commercial Property Management
Maximum Competition… Maximum Value Your primary focus as a real estate investor is maximizing financial returns. Lee & Associates Cincinnati enables this by taking on the day-to-day supervision, administration, and maintenance responsibilities associated with investment property management. As part of the Lee & Associates family, we draw on national resources and expertise to offer you sound, consultative advice. Coupled with our specific knowledge of local and regional markets, we offer guidance throughout the investment cycle – due diligence, purchase, property management, tenant retention, and resale. We’ll help you understand your properties and the nuances of the markets in which they exist in order to maximize the value of your investment. Lee & Associates Cincinnati will develop comprehensive strategies for addressing your unique tenant- and property related needs. These strategies will be based on your financial goals, with an eye on capturing potential market opportunities that might arise. Our commercial property management services are always more cost efficient than our national competitors. We provide experienced, knowledgeable real estate professionals who can troubleshoot and problem solve with your profitability in mind. And Lee & Associates Cincinnati’s years of experience have allowed us to develop proven processes and procedures that utilize the best available technologies and organizational systems. This strong combination of people, process and technology is how we consistently and efficiently deliver exceptional property management services. Tenant Retention The demands of tenants can be challenging, so we’ll work closely with you to develop strategies, processes and procedures that meet their needs. We offer superlative tenant-retention services that secure unprecedented renewal rates. Our ability to provide the best quality customer service allows our investors to retain tenants at market rental rates, while minimizing lease commission and tenant improvement expenses. Lee & Associates Cincinnati operates as an extension of your business, acting as your local property management, tenant relationship, tenant improvement, construction, and capital improvement division. To most effectively represent your interests, we’ll study your business model, then adapt our services and service delivery to integrate into that model. We’ll successfully manage your property to help you maximize the profit potential of your investment. Budgeting Operating your property in a profitable manner requires more than just efficient policies and procedures. It demands detailed financial and investment planning. Lee & Associates Cincinnati’s budget forecasting will provide long-term valuation enhancement of your real estate assets. We’ll prepare comprehensive forecasting reports that address anticipated revenues, expenses, capital expenditures, and working capital needs. The better we can help you plan for and manage these variables, the more value we can create by utilizing cash resources in an efficient and timely manner. Accounting and Financial Reporting While there are tried-and-true principles of commercial property management, we understand that every client has individual needs and operational procedures that must be incorporated into successful solutions. Whenever appropriate, Lee & Associates Cincinnati will incorporate our operations and reporting functions into your existing accounting systems, financial reporting formats, budget formats, and leasing procedures. As an Lee & Associates Cincinnati client, you’ll receive services that are customized to meet your specific needs and corporate mandates. Lee & Associates Cincinnati’s institutional grade, Sarbanes-Oxley compliant accounting procedures adhere to the highest standards of transparency, timeliness and accuracy. We delivery data on industry-leading accounting platforms such as MRI, Yardi and Timberline. Our monthly reporting packages include budget-to-actual variance analysis, rent roll, aging detail, balance sheet and depreciation schedules, and bank reconciliation reports. Responsiveness Our local office and employee team is as deep as you would expect from a well-respected national real estate company. We will ensure your real estate investment is secure and that your tenants’ needs are met. Our managers and smartly uniformed, highly skilled maintenance technicians are available 24 hours a day, 365 days a year. We’ll provide tenant service call response, round-the-clock emergency response, routine preventive maintenance, and other needed property services in a cost-effective manner. Because of our low overhead structure, Lee & Associates Cincinnati’s labor rates are generally twenty percent less than our national competitors.
Real Estate Investment Brokerage Services
Maximizing Your Real Estate Return on Investment
Real estate markets will fluctuate, a lesson we have all learned in recent years. But no matter where markets stand, opportunities will always exist for private and institutional investors to buy and sell at a profit. Recognizing these opportunities is what will drive your level of success.
Lee & Associates Cincinnati is one of the most recognized commercial real estate brands in the nation, helping our clients acquire and develop high-quality investment assets throughout the United States.
Property Acquisition Services
If property acquisition is a desired part of your investment portfolio, Lee & Associates Cincinnati will help you:
- Identify potential investment properties based on your investment criteria
- Determine an investment property’s market value
- Structure an offer to help maximum your return on investment
- Acquire, finance, and manage your commercial real estate assets
When evaluating real estate investment options, clients rely on Lee & Associates Cincinnati to help them understand market rental rates and occupancy, prepare and review ARGUS investment models, develop annual and long-term post-acquisition property budgets, abstract leases, and provide initial data entry into their accounting software programs. Reliable, high-quality data is the key to making well-informed investment decisions. Our experienced real estate professionals provide exceptional due diligence, searching for the most meaningful and impactful data to help through out your evaluation process. We then assure accuracy with several layers of proofreading as data is entered and prepared for review.
We’ll work with you every step of the way to assure that you make informed purchase decisions at the best possible price.
When is the right time to realize the your optimal return on investment? Lee & Associates RICORE will help you maximize the value of your real estate investments by keeping a keen eye on market trends and identifying qualified buyers whose needs closely match what your assets have to offer.
Lee & Associates Cincinnati’s national reach will help maximize the exposure of your property to potential investors. Our marketing strategies include:
- Best-in-class offering memorandums
- Listings through online databases such as CoStar, LoopNet and other national platforms
- Property-specific web pages
- Leveraging relationships with private and institutional investors
- Compensated Cooperation, which encourages competing brokers to promote your assets through a policy of fee sharing
In today’s challenging real estate market, Lee & Associates RICORE can help you source prospective investors who can provide the maximum return on your investment, while meeting the financing expectations of today’s stringent lending environment. By providing accurate and sophisticated underwriting models, we’ll help facilitate real estate sales that mutually benefit the needs of the seller, the investor, and the lender.
RICORE Investment Management was founded in 2001 to provide local and institutional clients with highly customized professional real estate services. Over the past decade, RICORE has grown into a regional real estate services company that provides Leasing and Investment Sale Brokerage Services, Property Management and Acquisition Services, Construction Management and Development, and Corporate Lease Administration. In July 2010, RICORE joined the Lee & Associates franchise family, and is now doing business as Lee & Associates Cincinnati. The Cincinnati Team’s regional expertise and market knowledge, along with Lee & Associates Cincinnati’s national reach, award-winning technology, creative marketing programs, and culture of compensated cooperation provides our clients with unparalleled real estate investment results.
Multi-Family Property Management Services
Creating Optimum Value in a Competitive Market
Owning multi-family real estate property can be financially lucrative, but managing operational details is critical to assuring your profitability. Lee & Associates Cincinnati can help you achieve your investment goals by taking on the day-to-day supervision, administration, and maintenance responsibilities associated with investment property management.
As part of the Lee & Associates Cincinnati family, we draw on national resources and expertise to offer you sound, consultative advice. Whether you’re searching for new properties, need management assistance with existing assets, or are ready to sell, Lee & Associates Cincinnati has the experience, attention to detail, and professional staff to help you maximize your investment returns.
Lee & Associates Cincinnati has sound strategies to ensure that your monthly revenue continues to outpace expenses. But these steps require ongoing diligence and attention to detail in order to achieve and maintain the maximum value of your assets.
Ultimately, the value of your property is achieved by driving optimum occupancy and maintaining steady income streams. Our approach includes:
- Researching competitors to better understand the rental rates and incentives against which you’ll be competing
- Highly visible marketing and advertising efforts
- Attractive incentive and promotional offers
- Properly qualifying renters who have acceptable credit and good payment histories
- Staying current with rental receipts and expenses
- Developing new revenue opportunities such as late fees, laundry fees, pet fees, and properly applying security deposits
To get the most out of your investment, it’s important to develop a plan based on your financial goals and objectives. Are you looking for short-term gains? You might want to consider rehabbing properties and flip ping them for quicker profits. If long-term holds and capital appreciation more closely fit your goals, look for properties that will provide steady, sustainable income now and into the future. Whether you’re interested in market-rate or subsidized properties, Lee & Associates Cincinnati’s real estate professionals can provide reliable investment and property management advice targeted to your specific needs.
Knowing when you need to achieve your return on investment will drive the type of properties you should own. Lee & Associates Cincinnati will help you identify initial costs, ongoing maintenance and potential repair costs, and projected revenues so you can invest with confidence.
As a landlord, safety is crucial to achieving your investment goals. With of our extensive multifamily property management experience, Lee & Associates Cincinnati can help you identify and mitigate potential security risk before they can have an adverse impact your tenants and property. Our team can help you develop cost-effective solutions involving:
- Automated or staffed controlled entry
- 24/7 emergency maintenance response
- Fire safety monitoring and inspections
- Snow and ice removal
If you’re facing major renovation efforts or performing routine maintenance, Lee & Associates Cincinnati can advise you on cost-effective solutions that meet building and safety standards, as well as the needs of your potential tenants.
We will show you how to develop a muscular dollar by procuring goods and services in the most economical manner. This approach enables you to direct appropriate funds toward revenue enhancement efforts, with an eye toward profitability and resale potential.
Accounting and Financial Reporting
When investing in multi-family real estate properties, managing cash flow and maintaining a positive cash position present unique financial challenges. Monthly rents and tenant fees must be collected, routine maintenance and repairs must be made, and supplies and other building materials must be procured. Unexpected tenant and property demands can add to the list of property management challenges, all affecting the financial health of your investment.
Lee & Associates Cincinnati’s experienced accounting professionals will work with you to develop accurate forecasts for income and expenses. Whenever appropriate, we will incorporate our operations and reporting functions into your existing accounting systems, financial reporting formats, budget formats, and leasing procedures. As an Lee & Associates Cincinnati client, you’ll receive services that are customized to meet your specific accounting needs.
Lee & Associates Cincinnati’s institutional grade, Sarbanes-Oxley compliant accounting procedures adhere to the highest standards of transparency, timeliness and accuracy. We deliver data on industry-leading accounting platforms such as MRI, Yardi and Timberline. Our monthly reporting packages include budget-to-actual variance analysis, rent roll, aging detail, balance sheet and depreciation schedules, and bank reconciliation reports.
Providing Balanced Management of Distressed Commercial Properties
Economic strains have significantly increased the number and frequency of distressed commercial properties in virtually all markets. When difficult real estate challenges arise, it’s important to involve an experienced organization that can mediate the situation and manage assets in the best interests of all parties involved.
Lee & Associates Cincinnati is an experienced provider of Receivership Services, physically and financially stabilizing distressed commercial properties until successful transfers can be finalized. We understand the positions of both borrowers and lenders and have proven solutions that can help manage distressed assets while financial and legal obligations are negotiated.
Receivership is a legal action that is authorized by court order only in exceptional situations, with or without the consent of the tenant and property owner. Typically, parties are involved in an adversarial situation due to contractual breaches and disputed financial obligations.
When working in a receivership capacity, Lee & Associates Cincinnati becomes an officer of the court system, complying with all laws involving the management of distressed properties. We represent the interests of both parties in a fair and balanced manner throughout the receivership process. Lee & Associates Cincinnati’s extensive experience in this capacity allows us to provide consultative services and exit strategies that maintain the integrity of the property, minimize additional risk, and maximize market value. Our attention to the details of the receivership, along with our strategic awareness of market opportunities, makes Lee & Associates Cincinnati uniquely qualified to facilitate positive outcomes and satisfactory resolutions.
During receivership, Lee & Associates Cincinnati will assure that distressed properties remain in good physical and financial condition so that banks and other lenders can transfer these assets quickly for maximum return.
As a commercial property Receiver, our responsibilities include
- Securing distressed properties and protecting them against vandalism or damage by tenants, former tenants or borrowers.
- Addressing any concerns that may jeopardize the safety of tenants and visitors or raise liability issues.
- Collecting appropriate rents from tenants.
- Managing continued operations, expenses, and tenant negotiations for the properties, while maximizing their profitability.
- Continuing regularly scheduled property management, including all necessary repairs and maintenance.
- Recommending cost-effective ways of improving or enhancing properties to expedite successful transfers to new ownership.
- Keeping parties fully informed at all times as to the status of the assets in receivership.
- Presenting financial and property reports to all parties, including the courts, throughout the receivership process.
No other company is better suited or more experienced at disposing of distressed properties than Lee & Associates Cincinnati. Our reputation for professionalism, our ability to provide balanced representation, and our passion for attending to every detail is what brings about maximum results when managing receiverships.
Lee & Associates Cincinnati’s Receivership Services – another way you can count on us to provide you a full range of commercial real estate solutions.
RICORE Investment Management was founded in 2001 to provide local and institutional clients with highly customized professional real estate services. Over the past decade, RICORE has grown into a regional real estate services company that provides Leasing and Investment Sale Brokerage Services, Property Management and Acquisition Services, Construction Management and Development, and Corporate Lease Administration.
In July 2010, RICORE joined the Lee & Associates family, and is now doing business as Lee & Associates Cincinnati. RICORE’s regional expertise and market knowledge, along with Lee & Associates RICORE’s national reach, award-winning technology, creative marketing programs, and culture of compensated cooperation provides our clients with unparalleled real estate investment results.