Signature Property Management Corp - GTA - Ontario Toronto Oakville Burlington is loading...
Prior to launching Signature in 1994, the owner held senior positions in large national real estate firms on Bay Street. It was, and is his belief, that there exists a niche in the market place for a fast, proactive, professional and experienced property Management Company, which is committed to "hands-on" management while maintaining a small, yet extremely flexible management group.

Listed here are examples of the successes utilizing this style of management.

Downtown, Toronto, Ontario
12 Storey Commercial Office Building
92,000 s.f.
Vacancy rate of 70% / Operating Costs extremely high / Building mechanical systems and common areas in dire need of upgrading.

Vacancies reduced to 3% within 3 years / Operating costs reduced by 20% the first year and 12% the following year / Elevators refurbished, installed computerized energy management and security systems, major upgrades to chiller and boiler.

Mid-Town, Toronto, Ontario
8 Storey Commercial Office Building
80,000 s.f.
Vacancy rate of 60% / Operating costs too high / Building mechanical systems and common areas required upgrading.

Vacancies reduced to 22% in year 1 / down to 2% in year 2 / Operating costs instantly reduced by $2.75 p.s.f. / Relamping of all interior and exterior building areas with energy efficient lighting. Discovery of, and recovery of funds on overpaid contract accounts.

Industrial, Markham, Ontario
26 Industrial Units - Ground Level, 7 Office Units - Second Level
55,000 s.f.
Vacancy rate of 38% / Inconsistencies in area measurements / Property experiencing negative cash flow, unsecured gross & semi-gross leases.

Vacancies reduced to 11% in less than 1 year / Re-measurement of the building offered owners an increase in rentable area of 15% / Renewed all expiring leases and renegotiated all others; converting them to triple net at little or no cost to the Mortgagor.

Condominium, Shelburne, Ontario
52 - Garden Variety Residential Townhouses
62,500 s.f.
High accounts receivable / Low reserve fund / Legal fees paid by Corporation.

Accounts receivable reduced by 75% within first 11 months / Reserve fund increased in excess of 40% within the first 11 months / Legal fees charged back to individual home owners.
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