Categories: Finance

Best Property Management Companies of 2022

International Necklaces




With two billion square feet under management and one of the broadest service offerings, Colliers International is a world-class commercial property management company.

Advantages
  • Real-time reports for owners

  • Financial reports and analyzes to ensure the profitability of your asset

  • Focus on adding value to your property with capital projects

  • In-house engineering team that measures and optimizes your building’s key performance indicators

The inconvenients
  • Less focus and leadership on sustainability than some competitors

  • A wide range of building types can be a challenge for deep expertise in any niche

  • Listed on the stock exchange, so it is doubtful whether first priority is given to building owners or shareholders

Commercial real estate investors who want to minimize their risk should look to Colliers as a safe bet. The company manages commercial properties in 63 countries, generates $4.5 billion in annual revenue from $81 billion in assets under management, and has more than 18,000 professionals. This experience and proven profitability results make it our recommended choice as the best commercial property management company.

Established in Australia but expanded to the United States in 1978, Colliers has become a household name. Of the 63 countries where it operates, the United States is the biggest contributor to the company.

The firm has expertise in capital markets, landlord representation, project management, property management services, appraisal and advisory, securities, mortgages, insurance, engineering and design.

Colliers International is highly specialized in commercial property types such as office, retail, industrial, hotel, healthcare, special purpose and multi-family. The Company’s property management services include building operation and maintenance, facility management, lease administration, property accounting and financial reporting, contract managementand construction management.

Property management fees are usually calculated as a percentage of rent collection, and your entire cost will be negotiated in the specific proposal that Colliers brings to the table. The location, size and occupancy of the property, as well as the services you require will dictate your contract costs.

The company launched several new technology platforms for its building owner customers. One of them is Neighborhood Curated by Colliers which focuses on real-time use of information, cybersecurity, and community staffing. The other is Colliers360 which provides in-depth portfolio analysis.

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