Michael is Director of Property Management for JLL’s Southern CA Region. He is currently a court-appointed receiver working on behalf of lenders in Southern California. With over 18 years of commercial real estate experience, Michael has directed the asset management for a portfolio of real estate in downtown Los Angeles valued at $800 million dollars, with specialties in building systems operations, finance and management.
As Director of Property Management, Michael is responsible for a property portfolio of 4.5 million square feet. He serves a leadership role by developing and executing regional business plans and service initiatives in order to deliver results for Jones Lang LaSalle and property owners. Michael is responsible for local client relationships and is accountable for client satisfaction.
The tenant lease is arguably the single most important document Property Managers administer. How do Property Managers determine between strict compliance with lease terms versus selective enforcement? When will accommodating expectations for some tenants lead to long term risk and create liability for the Landlord? How do we mentor the next generation of Property Managers regarding these decisions? Inconsistent lease interpretation can affect tenant relationships, retention, and the Landlord’s best interest in both the short term and long term. Learn from leaders in the real estate industry in the three key lease-related areas: lease negotiation, lease language, and lease audit to understand how a strict or loose interpretation of lease clauses can affect your bottom line.
During the workshop we will outline and cover:
- At what point does accommodating tenant’s non-compliance with lease obligations create special exemptions that may lead to higher risk and increased liability for the landlord?
- How should Property Managers determine the best method for enforcing tenant compliance with lease language?
- What role should Property Managers play in enforcing tenant compliance with lease language-strict enforcement or selective management?