Handle audits operating statements and vendor contracts line by line, benchmarks every category against buildings of your type, size and market, then captures the savings by renegotiating or replacing vendors that are above market.
audit@handleproservices.com · Built for owners. No disruption to operations.
Directly measurable savings across operating categories after a full audit and renegotiation cycle.
Total office operating expense averaged $11.15 per square foot in 2023, up 27 percent since 2015. (IREM 2023)
Recurring recovery through ongoing monitoring of insurance, CAM reconciliations and vendor compliance.
Operating costs have outpaced rents in every commercial property type since 2021. Multifamily repairs and maintenance are up 28 percent while NOI grew only 10 percent. Office operating expense climbed 27 percent since 2015. Hotel expenses grew $1.04 for every $1 of revenue added in 2024. Most owners respond by pressuring labor or deferring capital projects. That is the wrong lever.
The money is hiding in the contracts underneath the building. Insurance, HVAC service, janitorial, landscaping, waste, pest, telecom, elevator, utilities and property management fees. Each one auto-renews at 3 to 7 percent annual escalators without a competitive bid. Across a dozen line items on a single property that drift compounds into six-figure annual overages that nobody is measuring because nobody is benchmarking.
Whatever you have. P&Ls, GL exports, folders of PDFs. We organize it.
Buildings of your type, size and region, using our contract database and regional vendor pricing.
We handle vendor outreach, competitive proposals and contract redlines. You approve what moves forward.
Overlap service windows, on-site handoffs and a single point of contact through go-live.
Invoices matched to contract terms month over month. Variances disputed. Credits confirmed. Vendors that drift get flagged for renegotiation or replacement. This is Contract Intelligence and Compliance, the enforcement layer that protects the savings the audit found.
50 to 500 units where OpEx per unit is outrunning NOI.
Independent, boutique and small portfolios carrying direct OpEx.
Class A and B commercial where CAM recovery and reconciliation matter.
Volunteer boards without a procurement function.
Portfolios spanning ground-floor retail, multifamily and office.
If your property type is not listed, we still run the audit the same way. The categories are universal. Reach out to audit@handleproservices.com and we will size it.
Handle stays on. We monitor every invoice against the executed contracts, dispute variances directly with vendors and flag renewal and rebid windows before they close. The ongoing monitoring is what protects the savings the audit found. That product is Contract Intelligence and Compliance.
Our team contacts the vendor directly by email and phone with a written notice citing the contract terms and the specific invoice in question. We track every open dispute through to resolution. Nothing closes until a corrected invoice or credit memo is confirmed.
Typical engagement is 45 to 90 days from kickoff to the first vendor transition. Full portfolio audits run 3 to 6 months depending on size.
We use a flat audit fee plus a contingency on realized savings, with a monthly platform fee for the ongoing monitoring contingency. We discuss the full structure on the intro call.
Only if we renegotiate or replace them. The audit itself is internal. Nothing gets broadcast to vendors, tenants, lenders or investors unless you ask.
Yes. Many engagements end with a renegotiation rather than a replacement. When a vendor is the right answer at a better price, we keep them.
Handle works alongside your PM. Our role is to benchmark, not to replace the PM relationship. We deliver the savings directly to ownership.
Take the 2-minute Savings Assessment and we will come back with a tailored read on where your property likely sits versus market. If you would rather talk it through directly, book a 15-minute call.
Each property type has a dedicated lander with the categories, benchmarks and stats that matter most.