Lepic Kroeger, Realtors August Group Expands Commercial Property Management

THURSDAY, NOVEMBER 27, 2014

Jeff Edberg, CCIM, SIOR and Rachel Barnes, CCIM add two commercial buildings and three new

residential management clients to their professional property management portfolio under the Lepic- Kroeger, Realtors brokerage umbrella. August Group Property Management now serves a 9,988 square foot office / service multi tenant building in Coral Court, Coralville and a 22,000 foot retail multi tenant building near the Waterfront Hy-Vee in Iowa City. They also just added three owners with multiple residential condos to the client list.

Professional property management first relieves the property owner of the mundane, yet exacting task of collecting monthly rent, paying the monthly bills and managing the financial accounts for their properties. The real “meat and potatoes” of property management is in seeking new efficiencies for clients. Consolidation of physical services such as snow removal and landscaping can secure lower pricing for clients and monitoring services such as insurance coverage can avoid potential liability pitfalls while insuring clients are paying the right rate for services. Property managers continually monitor the market rent value to insure owners are receive the right rental rate, insuring the safety of the investment and monitoring expenses so everything runs smoothly and efficiently.

For more information just call Jeff Edberg at 319-331-6187 or email him at jeff@icrealestate.com.