LOOKING FOR PROPERTY MANAGEMENT?

Minnesota Receivership Services

Suntide is able to serve as a court appointed receiver for foreclosed properties, and properties that are in the process of being foreclosed upon. With Suntide’s full-service approach, we can not only stabilize the property, but also increase its value through financial analysis, increased operational efficiencies, and creative leasing strategies.

With Suntide, you’ll have experts in property management, accounting, maintenance, construction, and leasing all under one roof. And because Suntide is locally owned, you’ll get expertise of the Twin Cities market, without the Big Firm expense.

Suntide Commercial Realty has over 30-years experience in property management, and we have developed a streamlined process for assisting commercial mortgage brokers with their incoming assets:

Onboarding & Transition

• Manage key collection, utility transfer, fire/life safety and vendor contracts
• Raise tenant confidence by maintaining the property without disruption
• Provide tenants with new contact information, proposed timeline, and rent expectations

Property Assessment

• Obtain property documents including contracts, COIs, leases, equipment information, and building plans.
• Identify issues contributing to distress such as repairs, operational inefficiencies, and inadequate leasing efforts.

Financial Analysis & Risk Reduction

• Review all physical and financial reports
• Pay vendor bills, collect rent, and implement strict budget control of finances

Maintenance & Facility Management

• Maintain preventative maintenance program for equipment and systems
• Provide quick responses to building concerns and tenant requests.

Maximize Profit

• Ensure that the property is maintained, income is maximized, expenses are controlled, and a leasing program is implemented