Management

The Broadway Group provides Property Management services for rental apartment buildings, cooperatives and condominiums in the New York metropolitan area. We enhance the value of the properties by employing detailed orientation methods. Our 17+ years of experience as owners and managers of residential properties have made us experts in managing rental properties.

The Broadway Group, founded by Ilan Amran in 1994. Mr. Amran has certainly been involved long enough to see the full cycle that is Real Estate.

Due to his love of the great variety of people that he is able to meet and the opportunity of both personal and professional growth in a field that is so customer-rich he soon saw the benefits of being heavily schooled in business and thus in 2001 completed his MBA finance in addition to his CPM license and has spent the past several years honing this business impetus and knowledge. The Broadway Group have grown and adapted to the ever-changing real estate industry and evolved into outstanding property management firms. The Broadway Group dedication to excellence and commitment to integrity has never wavered over the years. We continue to adapt to changing real estate markets while adhering to our traditional values from day one.

Apartment building management services include:

• Property Maintenance • Apartment Maintenance and Property Enhancement
• Property Occupancy • Marketing & Sales (Brokerage)

• Legal Support • Housing Court

• Financial & Account Management • Rent Collections and Expense Control

• Due Diligence for Acquisitions and Dispositions • Advisory Services
• Formulating Policies and Procedures • Consulting

Property Maintenance

We pride ourselves on employing only the best individuals to work in our properties. Therefore The Broadway group hires and oversees the staff of a building. Our company property managers over shadow building personnel and expedient manner thereby maintaining positive relationships.

We regularly schedule meetings to supplement our integrated management philosophy. We are able to formulate a proactive course of action by general analysis of our portfolio and discussing universal building issues, new laws and market trends.

Managers visit their property on regular basis to address any concerns residents may have including rehabilitation and modernization projects. The firm is prepared to work with managers to resolve any issues that may occur. We value the input and approval of our clients and collect feedback to access any means of opportunity.

Property Occupancy

TBG specializes in apartment rentals for 17 years. We understand the importance of renting vacancies quickly but at the same time making sure we fill it with qualified tenants. The Broadway group carefully screens all apartment applications by reviewing the credit, income, housing court records of the applications, as well as their financial records. We reduce risk with our thorough screening process; it enables us to reduce risk to our owners. By securing qualified tenants for our buildings we increase property value.

Legal Support

Our building managers are always available to attend court hearings when called upon by legal counsel. We can provide useful legal support to our clients and their attorney on non-payment and rules and regulations that govern property and tendency issues. We work together with several law firms and oversee all cases through the housing court system.

Financial & Account Management

Our office is equipped to accept rent payments directly from our tenants and residents. We understand that prompt and accurate collections of rent are necessary to efficient building operations.

The Broadway Group complies with all proclaimed rules and regulations set forth by city agencies to make certain that the rights of our tenants are prompt and in heightening our tenant's trust and solidifying those relationships. Our in-house lease renewal department ensures that leases are renewed on timely basis and the proper rents are charged.

Monthly reporting, including preparation of monthly financial reports, records of receipts and payments, collections detail, cash payments, unpaid vendor and legal obligations, actual-to-budget comparisons, tenant notices. The financial report assess the financial position of the properties and make the proper recommendations to our clients by having our principals review all statements, which reduces costs and maximizes earning potential.

Expense Control - competitive bids as required for repairs and improvements, purchase of supplies, arranging contracts for elevators, heating, ventilation and air-conditioning systems, fuel, water, gas and exterminator. One of the benefits joining our buildings portfolio is to take advantage of extremely competitive prices on a wide rage of products and services as a result of bulk rates.

Our expertise in the marketing and management of commercial and residential properties has transformed nonperforming distressed real estate into performing assets.