You have indicated your primary interest as third party property management. We support new third party management business development activity with:
Owners, and current management, of properties of a particular type, suitable to your specific investment interests, based on:
- Rental household position – Discretionary (renters by choice); High Mid-Range (double-income-no kids); Low mid-range (teachers, office workers, technical workers, policemen, firemen…) or; workforce – principally blue collar households.
- Property: Size; age; type (garden; mid-rise; high-rise);
- Properties subject to eligible rental household restriction – transitional, fully affordable, student, military…;
- Identity of portfolios held by a single ownership, and;
- Properties included in each management company’s portfolio.
The ability to contact distressed property:
- Lenders with distressed loan portfolios;
- Trustees responsible for oversight of distressed properties in bankruptcy, or in foreclosure;
- Special Servicers responsible for CMBS loan oversight, and;
- Fractured condominiums.
Complete property detail on all properties of 50+ units in size, and each property’s rental environment
- Photographs, unit mix, rent history, prior sales, characteristics, location map, aerial photographs.
- Identity of properties included in a subject property’s competitive cluster, and the ability to compare how the subject property’s rental rates compare with its most direct competition.
- Improvements and location ratings, defining a property’s status within the rental market – discretionary renters, double income, no kids households, grey collar (office workers, technical workers, policeman, fireman…) households, and workforce (blue collar households).
- Key employers (250+ employees) within a property’s served area, one, up to a five, mile radius.
Assessment of General market conditions, by submarket, within the apartment market’s three principal activities:
- Rental Market Conditions – Rental rate trends; concessions participation trends.
- Development – Properties under construction, and properties in planning and pre-planning.
- Investor activity – Recently completed sales, or sales completed within a select period – by property type, or geography.
All supported by a comprehensive series of reports View Reports, specific to third party apartment management.