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Property Management

Our team sets the industry standard for professional commercial real estate property management services in Las Vegas, Nevada.

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RESPONSIVE


  • 24/7 live response
  • Personal on-going tenant interactions
  • Superior in-place staff and proven structure provides the flexibility to respond timely
  • Local on-site accounting
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PROACTIVE


  • Weekly property inspections
  • CAM mid-year, year-end CAM reconciliations & budgeting
  • Regular tenant check-ins
  • Capital expenditures & planning
  • Preemptive approach in avoiding issues before they occur
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EXPERIENCED


  • More than 33 years of experience
  • Long-term vendor relationships
  • Average employee retention rate of 8.08 years
  • Effective and efficient systems refined over time and current

We Have More Solutions Than You Have Problems

MDL Group has been recognized by Vegas Inc. as #1 Third Party Management Company in the Las Vegas market numerous years consecutively. But success isn’t built overnight. We got our start managing very challenged properties. That led to the mantra “we have more solutions than you have problems.” We have been dedicated to exceeding clients' expectations every day for more than three decades.

Our clients benefit from our responsiveness, proactiveness and experience. Our team offers unparalleled service and commercial property management expertise for retail, office, medical office, industrial properties, and professional owners associations (POA). We proactively build relationships with our tenants through constant interaction and communication. We create valuable connections with vendors to ensure our clients are receiving the best service at competitive prices. We provide detailed financial reporting of the financial performance of our clients' properties.

$12 Million SF Managed

$104 Million per year in total rent collected

1,900 tenants in our care

Services

MDL Group differentiates itself with a redundant live response protocol. There is always a live person to receive a call from tenants, vendors and clients.

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24/7 availability; after hours emergency services; live response from property manager
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Weekly property inspections
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Continual tenant and vendor interactions
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Collection of tenant rent
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Analysis of tenant leases
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Annual property insurance review
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Coordination of formal collection activities with owner (and legal on an as needed basis)
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Negotiation of lease renewals / expansions / assignments / amendments
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Review service provider contracts

Financial Services

Our team provides solutions that align with clients' short and long term investment objectives.

Our full service accounting department is local and can respond quickly to any financial requirements. We provide monthly financial reports that provide clients with detailed insights of their property's performance. We forecast annual budgets, review variances regularly, and propose planned projects for the coming year. We evaluate common area maintenance (CAM) expenses, track extensively, and perform annual reconciliations.

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Create / Forecast Annual Budgets
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Executive Summary
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Income / Expense Statement
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Budget Variance / Cash flow report
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Detailed General Ledger
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Balance Sheet
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Bank Statement and Reconciliation
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Rent Roll
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Check Register / Deposit Register

I would like to take this opportunity to thank MDL Group for the excellent service your provided my company over the past year in the management of a property we acquired in the Las Vegas area in early 2012. When confronted with hiring a management company out of the market, we received a recommendation from a local Las Vegas broker. When we first made contact and explained our situation, your company was more than willing to help us immediately due to time sensitive issues we faced. The property manager was initially invaluable in prompt recommendation of several companies to handle all of our maintenance needs. As the relationship continued, the property manager was very responsive, available for physical site inspections and meetings at our request, and upon knowledge of the sale of the property, continued excellent service even though they knew the relationship would be ending. I just wanted to let you know how appreciative I am of your assistance to me during the past year. It gave me great comfort to know I had someone I could trust and rely on in an area where I had no prior experience.

-Dolores
Senior Vice President

- IBC/International Bank of Commerce

The team at MDL has been an invaluable addition to our operations for the past several years. Their attention to detail is the best we’ve experienced.

-Brent

- Brent

We have had the pleasure of working with MDL Group on a number of projects over the last several years. I have worked with various asset managers within the company and have never encountered a situation they didn’t handle with expediency and complete professionalism. One instance that comes to mind is when I happened to come in early on a Saturday morning to discover that someone had broken into one of our tenants suites. Since it appeared nobody knew about it, I called MDL. Since it was about 6:30 in the morning on a Saturday, their answering service took the call and within 10 minutes I had received a call back from our asset manager and they had already called the security company as well as Metro. Another thing that comes to mind is how they often go above and beyond what we pay them for just to make sure we are happy. We have always highly recommended MDL Group not only for the work they do, but also for the personal service we get from them on a daily basis.

– Lisa Hall, CPA
Chief Financial Officer
Aspen Financial Services, LLC

- Aspen Financial Services, LLC

I have been a client of MDL Group Inc. since the beginning of year 2003. They have always provided the best service possible. Since I am an out of town landlord, I rely on MDL Group to manage my properties and perform the daily activities. On occasion there are certain situations that require MDL Group to perform unique or un-ordinary tasks. MDL has always obliged and will go out of their way to handle any situation possible. With the changes to economic conditions, MDL was proactive with the tenants, vendors and the city. MDL Group is very reliable, trustworthy and has a high client satisfaction.

– Owner of Terrazza D’Alessio

- Terrazza D’Alessio

MDL Group was referred to us and from our first conversations with Carol Cline-Ong we felt that our property was important to MDL Group. We especially appreciate the dedicated service of Robert Perkins, our property manager. Whether it was property management, tenant relationships, financial reporting, the final sale of the property or a number of other services we asked MDL Group to perform, they were always professional and responsive to our needs. As an out-of-town ownership group this type of customer service was important to us. Even after the sale of the property when MDL Group knew our relationship was ending, they continued to provide exceptional customer service. It has been a pleasure working with MDL Group and they have our highest recommendation.

-Mark E. Truxal
Geddes and Company
205-245 N Stephanie

- Geddes and Company
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