All your roofs under one roof
Terra connects you to everything you need for every property, from investment to exit: property setup, tenant relations, collections, accounting, legal and strategic financial resources. One team with expertise in all areas of property financial management positions you for the same data-driven success as large firms that rely on professional in-house teams.
Receiving and posting all invoices and related correspondence from vendors
Analyzing each invoice for proper remittance to save on overpayment
Maintaining exceptional customer service reputation with vendor call handling
Proper GL cost classification, including capital improvement expenditures
Processing monthly rent charges and bills
Receive and process all tenant payments and ensure correct ledger postings
Perfecting lease renewals database with full tracking, review and archiving
Reviewing aging tenant balances and initiating proper legal procedures
Assisting with legal counsel for all tenant holdover/non-payment cases
Checking bank balances daily to keep all accounts in good standing
Handling all transfers, direct deposits, and vendor disbursements
Delivering comprehensive cash management reporting and review
100% accurate monthly reconciliation of all bank accounts
Generating general ledger, trial balance, and financial statements every month
Assisting with CPA firm audits and year end procedures
Readying timely, on-demand expense vs. budget variance reports
Preparation and thorough review of annual bank reporting and covenant requirements
Annual regulatory filings and rent registrations with all state and municipal agencies
Providing comprehensive purchasing capabilities
Connecting to strong supplier networks for product selection and pricing
Aggregating spending data from suppliers for consolidated reporting and analysis
Helping field managers make smarter decisions with robust web and mobile apps
Acquisitions & Refinancing
Compiling full underwriting and due diligence reports along with projections
Utilizing bank and financial institution relationships to secure deal financing
Assisting with refinancing current mortgage loans at client banks
Calculating accurate debt service coverage and reporting for bank covenants
Preparing custom financial analyses with a focus on increasing profitability
Monthly expenditures review by accounting analysts and a /unit and /sf analysis report. All variances researched and noted for further review by management.
Monthly vacancy rates and trend reports prepared for management review. Real time access to data for pro-active management.
Monthly rent collected vs billed analysis
Utility usage tracking and trend analysis
Expert customer service representatives handle all tenant phone and email inquiries.
Intuitive online tenant portals make monthly billing and payments simple for tenants
Affordable housing and subsidy voucher program assistance
You’re in good hands, while your finger stays on the pulse
While we provide full administrative management of your finances, you have full access to up-to-the-minute comprehensive financial data and reporting. We utilize best in class cloud based software to ensure you’re able to see the full picture clearly and conveniently.
Clarity as a company cause
Financials can be easily fragmented with internal and outsourced service providers poorly coordinated. Inefficient assignment of administrative and accounting responsibilities leave more questions than answers. That’s why our 100% in house team insists on a singular, unhindered focus on the services we provide you. The result? Comprehensive and insightful reporting achievable only by a team of professionals with this level of attention to detail.