Elemental Group | Real estate solutions for tomorrow
125 Half Mile Road, Suite 200
Red Bank, NJ 07701
Company Description
"At Elemental Group, everyday we operate on integrity, and are committed to providing unparalleled service to our clients."
Property Management
Provides total management of the infrastructure and amenities of properties through regular site inspections and ongoing communication with the association board, builder and/or developer.
- Budget Review
- Formulation of short and long-term maintenance programs
- Bid solicitation and presentation
- Vendor selection and contract procurement
- Project management
- Work order control
- Regular building and site/grounds inspections
- Rules and regulation administration
- Board and general meetings
- Community correspondence
- Quarterly management reports to board of trustees or institutional owners
Asset Management
The Asset Management group is dedicated to creating value and maximizing asset values for our client’s properties. We asset manage the budget and finances on all property types for institutional owners in the most cost-effective manner.
- Budget Review
- Maintenance and Asset Management
- Debt Service Coverage Ration review (DSCR)
- Liaison with accountants on year end audits
- Liaison with real estate brokers and leasing agents
- Liaison with property manager
- Review monthly reports for performance variances
- Monthly management reports to client
REO Management
Elemental offers lenders, banks, insurance companies, mortgage servicers and owners of real estate an outsource for REO property management throughout New Jersey.
- Secure each property
- Formulation of short and long-term maintenance programs
- Vendor selection and contract procurement
- Project management
- Prepare each property for sale or lease
- Regular building and site/grounds inspections
- Quarterly management reports to owners
Quick Facts
- In business under this name: 1 years
- Company size: 1 to 5 employees (full time)
- We manage the following property types:
- Single Home or Condo (valued under $250k)
- Single Home or Condo ($250 to $500k)
- Single Home or Condo ($500k to $1 Mil.)
- Single Home or Condo (Over $1 Mil.)
- Homeowners Association (2-49 units)
- Homeowners Association (50-99 units)
- Homeowners Association (over 100 units)
- Condominium Association (2-49 units)
- Condominium Association (50-99 units)
- Condominium Association (over 100 units)
- Multi-Family (2-4 units)
- Multi-Family (5-19 units)
- Multi-Family (20-99 units)
- Multi-Family (over 100 units)
- Office (under 9,999 sqft)
- Office (10,000 - 125,000 sqft)
- Office (over 125,000 sqft)
- Retail (under 9,999 sqft)
- Retail (10,000 - 125,000 sqft)
- Retail (over 125,000 sqft)