Business Details
24 Years
experience
Professional Property Management Services in La Mirada
Romano Litchfield was founded in 2002 by Bruce Romano to provide specialized property management services for industrial and commercial real estate clients. Our team combines over 105 years of collective experience with expertise in accounting, construction, real estate brokerage, and commercial lending to deliver comprehensive solutions. We manage every aspect of property ownership, including rent collection, tenant retention, maintenance coordination, financial reporting, and insurance compliance.Our CPA-led financial processes ensure transparent owner distributions and detailed accounting packages. With a focus on Southern California, we prioritize proactive maintenance, market-driven lease negotiations, and strong tenant relationships to maximize property value and investment returns. Our hands-on approach has earned recognition for resolving complex property challenges and improving operational efficiency for clients.
Services
Rent Collection
Tenant Retention
Property Maintenance
Banking Network
Legal Assistance
Insurance Compliance
Owner Distributions
Details
- Year established: 2002
Highlights and features
- We have 20+ years of specialized experience in industrial/commercial property management
- Our team includes a Certified Public Accountant for precise financial management
- We implement proactive maintenance systems to preserve property value
- We offer transparent monthly/quarterly owner distributions with detailed financial packages
- Our hands-on approach has reduced project costs by 15-20% for clients
What people say
Excellent management
Saved our bacon
Professional and responsive
Maximized returns
Hands-on approach
Services
Rent Collection
We systematically collect rent payments, property taxes, insurance premiums, and maintenance charges from tenants. Our multi-channel payment system includes ACH transfers, wire transfers, and traditional payment methods. We implement late fee structures and legal proceedings when necessary while maintaining strong tenant relationships through regular communication.
Tenant Retention
With over 100 years of combined experience, we negotiate lease renewals while maintaining market competitiveness. Our proactive approach begins lease renewal discussions six months before expiration using current market data. We prepare all necessary documentation including lease extensions and amendments following American Industrial Real Estate Association standards.
Property Maintenance
Our proactive maintenance program addresses unique property needs through licensed contractors. We conduct quarterly inspections of critical systems like HVAC and fire safety while managing landscaping, roofing, and parking lot maintenance. We oversee major refurbishments and expansions while maintaining detailed maintenance records for each property.
Owner Distributions
We provide monthly or quarterly distributions with comprehensive financial packages including income statements, balance sheets, and cash flow statements. Our CPA-led process ensures accurate fund allocation and transparent reporting. We maintain detailed accounting records and offer online access to financial documentation for client convenience.
Insurance Compliance
We enforce tenant liability insurance requirements and verify coverage documentation. Our systems track insurance expiration dates and maintain records for both tenants and contractors. We assist with property insurance procurement and ensure all documentation meets legal requirements, including workers' compensation certificates for maintenance contractors.
People
Bruce Romano
Founder
With extensive commercial brokerage experience since 1978, Bruce Romano founded the company in 2002 to provide specialized property management services. He oversees property rehabilitation projects and maintains key client relationships while ensuring operational excellence across all managed properties.
Melanie Nguyen
Controller
As a Certified Public Accountant, Melanie Nguyen manages all financial operations including owner distributions and financial reporting. She ensures accurate accounting practices and oversees the preparation of comprehensive financial packages for each property and ownership entity.
Questions
What types of properties do you manage?
We specialize in industrial and commercial real estate properties across Southern California, including warehouses, manufacturing facilities, and distribution centers.
How do you handle tenant screening?
We qualify tenants through financial assessments and lease history reviews while ensuring compliance with insurance requirements to minimize risk for property owners.
What maintenance services are included?
Our maintenance services cover routine inspections, HVAC servicing, landscaping, roofing, parking lot repairs, and emergency maintenance coordination with licensed contractors.
How are owner distributions handled?
We provide monthly or quarterly distributions with detailed financial packages including income statements, balance sheets, and cash flow reports prepared by our CPA-led team.
Do you offer legal assistance for evictions?
We work with qualified legal professionals to handle evictions, unlawful detainers, and other legal matters while maintaining proper documentation throughout the process.
What sets you apart from other managers?
Our team's 105+ years of combined experience, CPA-led financial management, and proactive maintenance approach deliver superior returns and property preservation for owners.
