Owners of sale-leaseback investments structured with a net-lease have only some basic operational responsibilities. However, foreign investors and pension funds, with extensive, diversified portfolios, find it much more cost effective and cost efficient to have an experienced third-party manage their property investments. For a modest fee, HCR's professional team, utilizing custom technology, provides owner/investors with the following services:
- HCR collects fixed monthly rent payments and deposits them in a timely fashion.
- HCR collects percentage rent payments, checks that they are computed correctly and deposits them in a timely fashion.
- HCR advises the tenant when property taxes and assessments are due and checks to make sure payments are on time and credited to the owner's account.
- HCR periodically reviews public records to make sure that no liens or encroachments have been inadvertently filed against the owner's property; and
- HCR makes sure that the tenant is providing the owner with adequate insurance coverage as specified in the lease agreement