Our Services

Financial Management Services

Financial management is at the heart of every successful Association and is a fiduciary duty of the Board.  At Prime Management, we believe that financial controls and proper financial reporting are critical to an organization’s success.  We pride ourselves in offering financial management services that are second to none, employing industry leading accounting software, an automated accounts payable solution and experienced accounting staff to ensure the financial health of each client is protected, maintained and enhanced.  Contact us today to learn how Prime Management can offer an innovative plan to meet your financial management needs.

Computerized Financial and Accounting Services

  • Preparation of budgets.
  • Collection, posting and deposit of assessments.
  • Pursuit of delinquencies.
  • Processing of all accounts payable.
  • Maintenance of general ledger.
  • Preparation of comprehensive financial reports.
  • Automated Accounts Payable through Strongroom by AvidXChange.
  • Assessment Reporting Services through our credit reporting partner Sperlonga Data and Analytics.

Assessment Payment Credit Reporting Services

Please see attached document on Automated Credit Reporting through out partner, Sperlonga Data & Analytics

Residential Community Management Services

Residential community management is at the heart of our core business model.  Prime Management, Inc. started in 1990 to bring a different and innovative resource to the residential community management market.  Now, over 25 years later, Prime Management, Inc. continues to be a leader in residential community management and we look forward to offering an innovative solution to your community.  Some of our services to residential communities include:

General Administration

  • Maintenance of all books and records for the community.
  • Enforcement of covenants, bylaws, rules and regulations.
  • Attendance at meetings of the Board of Directors and the Association.
  • Development of specifications and bidding procedures for all contract work.
  • Correspondence with homeowners, unit owners and tenants.
  • Administration of a risk management program and review of property insurance coverage.

Computerized Financial and Accounting Services

  • Preparation of budgets.
  • Collection, posting and deposit of assessments.
  • Pursuit of delinquencies.
  • Processing of all accounts payable.
  • Maintenance of general ledger.
  • Preparation of comprehensive financial reports.
  • Investment strategies for capital fund accounts.

General Maintenance

  • Ensure smooth operation and efficient maintenance of all common areas of the community, including 24-hour emergency service.
  • Hire and supervise all contractors and employees consistent with policy and contract requirements.
  • Provide the Board with a comprehensive monthly status report of progress on all projects, violations, delinquencies and important business of the Association.

Commercial Property Management Services

Commercial property management requires a professional and experienced industry leader to ensure the investment of every business owner is maintained and protected.  Whether you are a professional office complex or a community of doctors’ suites, Prime Management, Inc. leverages over 25 years of experience and industry leading management techniques to ensure your investment is protected for years to come.  Where other companies fall short, we exceed expectations.  We look forward to the opportunity to propose a management solution that meets your needs.  Some of the services we offer to our professional clients include:

General Administration

  • Maintenance of all books and records for the community.
  • Enforcement of covenants, bylaws, rules and regulations.
  • Attendance at meetings of the Board of Directors and the Association.
  • Development of specifications and bidding procedures for all contract work.
  • Correspondence with unit owners and tenants.
  • Administration of a risk management program and review of property insurance coverage.

Computerized Financial and Accounting Services

  • Preparation of budgets.
  • Collection, posting and deposit of assessments.
  • Pursuit of delinquencies.
  • Processing of all accounts payable.
  • Maintenance of general ledger.
  • Preparation of comprehensive financial reports.
  • Investment strategies for capital fund accounts.

General Maintenance

  • Ensure smooth operation and efficient maintenance of all common areas of the community, including 24-hour emergency service.
  • Hire and supervise all contractors and employees consistent with policy and contract requirements.
  • Provide the Board with a comprehensive monthly status report of progress on all projects, violations, delinquencies and important business of the Association.

Developer Consulting Services

Developer consulting services is a major component of the wide breadth of solutions Prime Management, Inc. offers the real estate management industry.  Developers looking to build planned unit communities can benefit from the expertise of an industry-leading management company to ensure their dream and investment of a planned unit community can come to fruition with as little risk as possible.  By working with Prime Management, Inc. during the planning phases of a new community, developers can identify competitive advantages, economies of scale and risk aversion strategies for the multitude of services necessary to devise an Association’s budget, governing documents and Public Offering Statement for submission to the NJ Department of Community Affairs.  Adding an experienced management consultant to your team of legal, financial and engineering professionals can help save money and maximize return on investment for years to come.  We look forward to the opportunity to discuss your consulting needs and how Prime Management’s experience can benefit your investment and development plan.  Some services we offer include:

Planning Phase Consulting Services

  • Full Occupancy Budget Preparation / Review.
  • Vendor Solicitation for Supportive Documentation to Public Offering Statement.
  • Governing Document Review (Master Deed, By-Laws, CCR, Rules and Regulations).
  • Guidance on New Policies for Incorporation into Governing Documents.
  • Architectural Plan Review and Advice on Possible Efficiencies and Layout Concepts.
  • Risk Management as it Pertains to Shortfalls in Governing Documents.

Construction Phase Consulting Services

  • Developer Representation on Association Board of Directors During and Post Developer Control.
  • Transition Assistance Upon Turnover to Homeowner Control.

For more information on the services we offer to developer clients, please contact us directly at info@primemanagementinc.com or via phone at (609) 693-0090.

Our Vendor Partners

Our Affiliations

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Prime Management, Inc., AAMC® | 697 Mill Creek Rd, Suite 7, Manahawkin, NJ 08050 | Tele: (609) 693-0090 | Fax: (609) 698-2517 | info@primemanagementinc.com