Renovations and Improvements.
Our affiliates have historically grown the value
of their apartment portfolios using a value-added approach. They have found
that properties over time can benefit by renovation and capital improvement
plans that make the properties more competitive with newly built properties,
and allow the properties to better satisfy renters’ changing expectations and
needs. Our strategy is to incorporate general physical improvement plans in
each year’s property business plan, and then over longer periods of time, when
needed, to implement a major renovation and capital improvement plan where
rental rate increases can generate a desirable return on investment.
Buisness Strategy
Property Management and Leasing |
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