expense reduction for real estate

Strategies to increase NOI and portfolio value

Silverback’s experience in real estate expense reduction spans commercial and multi-family real estate development, construction and general contracting, as well as property management. We’ve built cost savings strategies for clients in all phases of the real estate industry.

We understand that tenants can have an impact on a successful cost reduction strategies. Sometimes vendors are also valuable tenants, especially in retail-type developments. As such, we work hard to gain a thorough understanding of those possible relationships and how best to achieve cost reduction while simultaneously maintaining valuable relationships.

Common expense categories we have reviewed within real estate include:

• Construction equipment and materials
• Office equipment and supplies
• Payroll processing
• Real estate leases
• Janitorial supplies
• Taxes
• Telecom
• Utilities
• Waste