Operational Efficacies

Operational Efficacies

Due Diligence

Whether for acquisition or disposition, Newmark’s team of experts can comprehensively research an asset ensuring the identification and mitigation of any potential opportunities, problems or liabilities. Our services include physical inspections, records review, mechanical equipment audits, tenant interviews and deferred maintenance summary and pricing. Newmark has developed a new industry-leading, quality-control property inspection program using a wireless tablet-based application.

Property Inspections

Property inspections, safety inspections and quality control performance reviews can now be generated with a hand held tablet. The proprietary application has been custom designed to allow our teams to evaluate, photograph, comment, document and generate property inspection reports. Reports are generated real-time, at the push of a button, including photographs with comments and are available in both html and PDF formats for on-line viewing, emailing and hard copy distribution. Additional program benefits include performance benchmarking, trending and access to archived reports for historical review.

Technology Platform

Newmark realizes all properties needs and requirements are unique, therefore we offer a menu of technology programs from industry-leading service providers, not limiting you to one system. Newmark has invested in web-based applications for accounting activities, work-order and preventative maintenance systems, as well as internal collaboration and workflow, to reduce errors, increase timeliness/speed of work and to provide more in-depth analysis of property information, allowing the management team to focus on daily activities while enhancing service levels.

Property Tax Services

Newmark Valuation & Advisory’s Property Tax group offers owners, investors and developers a specialized approach to property tax management and minimization. Our experts are devoted to property tax issues and have the resources of our national V&A practice at their disposal, making us the premier practice in the industry. Clients depend on our property tax team to manage and minimize their overall property tax liability with a level of client service and integrity that is without peer. Click here for more information