What You Need to Know Before Negotiating a Property Management Agreement

Events / Thursday, April 20, 2017

In commercial real estate, the property management agreement is one of the documents most critical to the long-term success of a project. Regardless of the property type – hotel, apartment complex, shopping center or office building – the essential issues to be negotiated between the owner and the management company have many similarities. The parties often sign on the dotted line only to learn later that certain terms do not meet their business objectives, have unintended consequences or come with unexpected costs.

BakerHostetler’s Real Estate hosted a complimentary webinar on Thursday, April 20, 2017. This webinar provided insights into both the owner’s and manager’s perspectives on some of the most important and heavily negotiated terms in a property management agreement.

Our attorneys, drawing from their deep experience in this area, provided clear explanations and practical strategies for successful management agreement negotiations.

Topics included:
  • Manager responsibilities and standards
  • Budgeting and financial reporting
  • Agency issues
  • Indemnification obligations
  • Property transfer restrictions
  • Insurance
  • Guaranties
  • Robert H. Gebaide, Partner, BakerHostetler
  • John Melicharek, Partner, BakerHostetler

Presentation Materials >>

Webinar Recording

For more information, please contact Julie Kirschnick at 216.861.6772.