Real Estate Management News
November/December 2012

In This Issue


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Welcome,
New Properties

 

Industrial / Office Warehouse

31 Property Portfolio

Fresno/Clovis

450,667 Square Feet



   

REO/Receiver - Retail

Sunnyside Market Place Shopping Center

6061, 6105, 6127, and 6149 E. Kings Canyon Road

Fresno, CA 93725

75,000 Square Feet

 

 

 

REO/Receiver -

Multi-family

2169 E. Pacheco Boulevard

Los Banos, CA 93635

58 Units

      

 

 

For more information:

Greg Bethke gbethke@mancoabbott.com 

 

 


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Announcing paperless innovation for commercial properties

In our ongoing commitment to innovative services and evolving technologies, we are pleased to announce that our Commercial properties have a new paperless invoice advantage - PAYscan. Invoices are scanned or imported and instantly converted to electronic payables. Scanned invoices are automatically routed through an approval workflow. Property Managers receive an email alert when invoices are in their workflow for approval. In just the third month of deployment, Property Managers rave of the ease of use and time savings. Yardi even has an ipad app making approval easy from anywhere. Vendors can save time and money by submitting invoices electronically and Property Managers can manage their time differently because they are not tied to physical paper approval. The electronic invoice processing system is also part of Manco's "Go Green" initiative, promoting sustainable business practices in the communities we serve. Email mlewis@mancoabbott.com, Manco's CFO, if you are interested in learning more about PAYscan. 


Housing recovery could slow multifamily growth    

By Carisa Chappell, NAREIT Associate Edito

As signs emerge indicating that the U.S. housing market is recovering, there's one question that Ric Campo, CEO of apartment REIT Camden Property Trust (NYSE: CPT), has been asked "a million times" lately: What does that mean for the flourishing multifamily sector? Campo contends that there is room for both the single-family housing market and multifamily sector to succeed at the same time.   

 

[FULL STORY]

Retail landlords: Malls doing well despite online sales

By Kris Hudson, The Wall Street Journal Reporter 

In spite of the rapid rise in online sales that have hurt a number of national retailers, the biggest shopping-mall companies are doing quite well, thank you. That was the  

counterintuitive message delivered Tuesday by several chief executives of leading retail property owners at International Strategy & Investment's real estate conference. ISI, an investment research firm, held its annual conference at the St. Regis Hotel in Manhattan. 

 

[FULL STORY]

CAA Capitol report: Rental housing bills on the  

governor's desk    

By Debra Carlton, California Apartment Association SVP of Public Affairs 
The California Legislature has closed its 2011-2012 session and sent hundreds of bills to the Governor's Desk. On September 30, 2012, the Governor finished his review of all bills. Here is a look at those rental housing bills that he signed and vetoed. Security Deposits - AB 1679 (Bonilla, D-Concord) - CAA Position - Support - This is CAA's sponsored legislation that allows property owners to deposit any remaining portion of a tenant's security deposit directly to a bank account designated by the tenant...

Major dilemma: Economically we're in recovery; mentally we're stuck in recession     

 Are We Stuck In a Moment In Time When We Expect the Worse? "Yes, but..." Say Investors  By Mark Heschmeyer, Watch List at Costar Group Publisher
Despite improving job numbers, rising CRE and housing prices, declining vacancies and stabilizing rental rates, not to mention a new round of fed stimulus that will pump $40 billion a month into the mortgage markets, the prevailing sentiment in the commercial real estate industry still seems to be one of doom and gloom. And importantly that outlook is affecting which deals are getting done and which ones are not.  

In the spotlight - Vallarta Supermarkets   
John Marquis, General Manager Vallarta Supermarkets

It's not often that Manco Abbott is able to work with a customer in dual roles, but we are privileged to count Vallarta as a valued client in Bakersfield as well as a valued tenant in a shopping center we manage in Fresno. When Vallarta moved into their first Fresno location in 2006 (a center managed by Manco Abbott), the results were profound. With Vallarta's investment into their store and the center...

 

By Jennifer Marcus Newton, Freelance writer

Green isn't a really a destination so much as a journey. When CFLs first hit the mainstream market, many folks scoffed at the higher cost, the funny shape and the inconvenience of special recycling. After all, what was the point? Traditional incandescent bulbs were doing the trick just fine. But then we started to appreciate the true value of exploring a greener lighting option. We learned that CFLs use 75% less energy and last much longer than traditional incandescent bulbs.  

  

Celebrating employee experience 

Our greatest strength lies in the incredible people who serve our residents, tenants, clients, and community. Join us as we celebrate their achievements-including their length of service with Manco Abbott. They are the reason we can raise the standards where people live, work and play.   

 

 

 

 

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