Client Overview: A boutique residential community in South Florida managed by a real estate investment firm.
Challenge: The property required capital improvements and efficient management to increase occupancy and reduce operational expenses.
Solution: Invested in renovations, introduced effective management practices, and enhanced security and amenities for residents. Implemented strategic property management to improve tenant retention and reduce costs.
Results: Achieved 100% occupancy with a market-leading renewal rate, reduced operating expenses by 30%, and increased Gross Income by 100%, demonstrating successful transformation and financial performance.