Action Center

Decisions that need attention.

AI-ranked exceptions from AppFolio, leases, debt documents, and portfolio forecasts. Each item includes the evidence an asset manager needs before acting.
Operating week: May 5-12, 2026
Open actions
5
1 high priority
Dollar exposure
$1.7M
Potential impact under review
Due this week
4
Needs owner follow-up
Avg DSCR watch
1.19x
Kenmore covenant risk
HighNewExpense anomaly
Plumbing expense $4,820 in 8 days
Three Patriot Plumbing invoices coded to G/L 5300, vs T6 average of $410/mo. Last invoice flagged 'emergency, full repipe estimate to follow.'
Ask PM for plumbing scope, photos, and invoice backup before approving the next draw.
Building
5818 N Kenmore
Owner
Asset Manager
Due
May 6
CapEx risk
$48K
3 evidence sources
MediumWaiting on PMOccupancy drop
Occupancy 96% to 89% over 21 days
Three move-outs since April 13. No replacement leases signed. Two units have been listed >14 days at asking rent that exceeds top-of-market by $120.
Lower asking rent on two stale listings by $100 and request showing activity by unit.
Building
1156 W Devon
Owner
PM Company
Due
May 7
Vacancy loss
$7K
2 evidence sources
MediumReviewingDSCR forecast
DSCR 1.18x next quarter, covenant 1.20x
Loan covenant requires 1.20x. Forecast based on T3 NOI trend and known capex obligations through Q3.
Approve renewal offers at +6% for four expiring leases and update the lender watch list.
Building
5818 N Kenmore
Owner
Principal
Due
May 10
DSCR covenant
$22K
3 evidence sources
LowNewRenewal risk
8 leases expiring next 60d, all below market
Average gap to market: $215/mo. Tenant payment history is clean across all 8.
Send +5% renewal offers with a 30-day response deadline.
Building
1734 N Western
Owner
Asset Manager
Due
May 12
Renewal upside
$21K
2 evidence sources
LowScheduledInsurance gap
Coverage 22% below replacement cost
Current dwelling coverage $5.8M. Modeled replacement cost $7.4M based on 2026 RSMeans Chicago commercial multipliers.
Quote replacement-cost coverage before the September policy renewal.
Building
901 W Diversey
Owner
Controller
Due
May 17
Coverage gap
$1.6M
2 evidence sources
Evidence

Why this is first

High
5818 N Kenmore
Plumbing expense $4,820 in 8 days
Three Patriot Plumbing invoices coded to G/L 5300, vs T6 average of $410/mo. Last invoice flagged 'emergency, full repipe estimate to follow.'
Recommended action
Ask PM for plumbing scope, photos, and invoice backup before approving the next draw.
GL detail
AppFolio · G/L 5300
Three Patriot Plumbing invoices posted in 8 days vs T6 average of $410/mo.
Invoice memo
Invoice PP-2841
Emergency service, full repipe estimate to follow.
Building trend
5818 N Kenmore · T12 NOI
DSCR already tracking at 1.18x before the proposed project is capitalized.