Asset & Property Management
- Managing Over 1 Million Square Feet in the Denver Metro Area 
- 20 years of Retail Management Experience 
- Local and National Tenants 
- Full Service Property Management
Asset Management
Asset management and lease administration is a major part of Drake’s operations. Operating retail properties efficiently is the key to maintaining occupancy and profitability. Drake’s view of property management is that there is no substitute for hard work. Managing properties is a daily job that requires constant attention. Drake has developed systems to ensure each property has the appropriate amount of on-site management and that the terms of the lease documents are being administered. Drake has created a calendar tracking system and a library of documents that have evolved over a decade of transactions. Drake prepares, negotiates and manages all of its documents internally. This attention to detail gives the company a large competitive advantage. Drake has developed a loyal network of consultants and contractors that can respond quickly to the needs of Drake’s properties.
Drake's Director of property management has served in the capacity of court-appointed receiver for several properties in the Denver metropolitan area. Our staff has in-depth knowledge of the receivership process, including securing and maintaining the property, taking control of all revenues, rents and financial reporting and court reporting. Preserving asset value is our priority and we do this by stabilizing operations, cutting cost where possible, negotiating lease renewals and fulfilling all obligations as outlined in the Court Order.