PROPERTY MANAGEMENT OVERVIEW
Property management is the foundation of The Habitat Company and each of our properties. Our company-wide objectives are to maximize our investors’ return through asset appreciation, capital reinvestment and value enhancement. Through our sensitive and proactive approach to marketplace conditions, our property management team strives to utilize the most effective ways to reach and exceed our financial goals.
There are several components that we incorporate in our approach to property management: marketing, operations, administration, finance, and accounting.
Marketing
We take a strategic approach to creating a distinctive, market position for each of our properties. A strong corporate and building identity, an effective advertising campaign, and a comprehensive marketing plan create a property image for our target market. This market awareness builds traffic, allowing our leasing professionals to use their skills to close potential residents.
Operations and Administration
To summarize our management services, we will be responsible for the supervision of operations, administration, employees, repairs, contracts and purchases. We will also review insurance and investigate claims, as well as inventory building equipment and develop a preventive maintenance program. We will meet with ownership monthly or as necessary to review the status of these and other property management items.
Finance and Accounting
We will collect rents on a monthly basis and collect other fees from residents, commercial tenants and vendors. We will prepare a recommended annual budget and maintain accurate records of all receipts, disbursements, balance sheet and comparison to budget of actual operations.
For more information on our Residential Property Management Services, please contact Mark Segal at msegal@habitat.com.
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