Mangement Case Studies

KBS

KBS needed to transition a sizeable portfolio of 55 buildings in Houston-and had only 30 days to make it happen. To meet this challenge, the company turned to PMRG's extensive expertise in property management, leasing, marketing and construction services.

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Capital Commercial

Capital Commercial's portfolio was underperforming and undervalued due to mismanagement of its assets by a local management company. PMRG was hired to perform an audit of the management and service procedures and implement new policies to increase value. In addition, PMRG began an aggressive marketing campaign to increase visibility with brokers and tenants from other buildings. As a result, awareness of the properties increased and the properties were positioned for sale.

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Prudential

Prudential was in a joint venture with a 30% partner for the management of two buildings. Even though the partner company had a significant corporate portfolio, Prudential felt the buildings were being improperly managed and could not get the level of service required as a partner in the venture. Prudential hired PMRG to replace the partner and as a result, each building increased in value by over $2 million.

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Tower Place 200

Upon appointment as the Receiver for Tower Place 200, a 259,825 square foot, Class A office building, PMRG contacted all tenants and service providers to ensure continuous operations and no service interruptions. A majority of vendors had not been paid in several months and were on the brink of stopping critical services, including water and electricity to the building.

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