Real Estate Journal — Owners, Developers & Managers — May 29 - June 11, 2015 — 3B


M id A tlantic

O wners , D evelopers &M anagers Browser-based system is scalable and customizable Charles H. Greenthal Mgmt. implements IBS system

Professional Construction Management Design Build General Contracting HOLLENBACH CONSTRUCTION, INC. “ONE STEP BEYOND”


The Greenthal Management system conversion included a notable level of customization. “Every association board and multifamily owner wants a dis- tinct monthly reporting pack- age, and with such a large port- folio Greenthal Management has a complex set of diverse requirements,” Mullin said. “We configured our Board View function to automatically gen- erate reports catered to each entity and deliver the reports electronically or as hard copies to appropriate stakeholders.” Greenthal Management’s IBS system also has been set up

for seamless integration with third-party software products that automate tasks such as invoice preparation and pay- ment processing. The browser-based IBS sys- tem is scalable and customiz- able for private and public en- terprises of any size, from just a few IBS users to hundreds of operators. The IBS business model, which has evolved over 36 years, offers truly turnkey solutions, fromdata conversion, hardware, customized software and installation to extensive on/off-site training, consulting, service and support. n

A N H A T T A N / TOTOWA, NJ — Charles H. Green-

Senior Living ~ Healthcare Religious ~ Commercial Educational ~ Industrial

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thal Manage- ment Corp. of Manha t t an has complet- ed its imple- m e n t a t i o n of the Inte- grated Busi- ne s s Sy s - tems (IBS)

Keystone Villa at Fleetwood

Mike Mullin

166 Holly Rd. P.O. Box 507 Boyertown, PA 19512 Phone: 610-367-4200 Fax: 610-367-1020 email: gebersole@hollenbach.com www.hollenbach.com

property management and ac- counting system. The boutique platform is used by more than 75 prominent New York/New Jersey real estate owners and managers, and addresses virtu- ally all property management, accounting and construction management tasks. “Greenthal’s prior property management and accounting system had reached the end of its useful life,” said IBS’s Mi- chael Mullin , president. “The firm was drawn to our modern, more comprehensive software program because it not only meets current requirements but can continue to expand as the company’s needs evolve.” For landlords, this decision illustrates the importance and value of preparing a good lease and guaranty. In this case the documents appear to have been properly prepared in order to persuade the courts to grant the landlord summary judg- ment. And by quickly obtain- ing summary judgment, the landlord was able to make and save money. Do you have the lease, guar- anty, and procedures you need to win a dispute, and should they be updated to maximize your opportunities? For ex- ample, should you send default notices and have guarantors sign lease amendments? Evalu- ating your legal issues and addressing them correctly, requires careful review on an individual basis. It is also vital to have counsel familiar with these issues for your com- mercial, retail, industrial and/ or residential property needs. Jerry A. Nelson is a Share- holder andmember of Stark & Stark’s Business & Cor- porate, Commercial, Retail and Industrial Real Estate and Real Estate, Zoning & Land Use Groups. n continued from page 2B Landlord wins lawsuit due to good lease. . .

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