MANAGEMENT

As the owner of a diverse portfolio of multifamily communities, our owner enables us to create a specialized and unique approach for each managed property.

Each of our properties is assigned an individual property manager who directly oversees the property’s day-to-day operations. With the coordination of the central office, Breeden provides the following property management services:

• Annual Budget / Management Plan development
• Rental income and occupancy optimization
• Timely rent collection and bad debt management
• Audit review and payment of all property expenses
• Lease expiration management
• Time sensitive financial reporting
• Accounting for all property income, expenses, assets and liabilities
• Consistent market analysis and competitor surveys
• Building, grounds, and equipment preventative maintenance programs
• Staff Management and training
• Establishing quality resident relationships
• Cost effective purchasing power when negotiating contracts from suppliers and other service companies
• Real estate tax and assessment analysis
• Capital budget recommendation
• Proforma forecasting

For more information about our Third Party  Management Services please contact Barry Tomlin at (757) 486-1000.