We are proud to announce that our Founder and Chairman, Neil K. Bortz was awarded the 2022 Carl H. Lindner Award for Entrepreneurial and Civic Spirit Winner as part of the Deloitte Cincinnati 100. This prestigious award is presented annually to a business leader who personalities the leadership, business success, and civic involvement that was…
Category Archives: Press
Aug
19
2022
Even with rules and regulations designed to maintain community harmony, homeowner associations (HOA) are not impervious to disputes between neighbors. A neighbor-to-neighbor disagreement doesn’t need to rise to the level of harassment or intimidation to create a headache for the association board. But by being proactive and prepared, board members can prevent relatively minor disagreements…
Jul
12
2022
Association managers can make life easier for a community’s board of directors — but hiring the right association manager can be challenging, even for well-established boards. Candidates who look good on paper don’t always have what it takes to deliver. Industry certifications, insurance, experience, and other baseline requirements are essential qualities every candidate should possess.…
Apr
29
2022
Being elected to a community’s board of directors is an honor — but one that can come with a steep learning curve. After the rush of the election is over, new board members need to set their sights on fulfilling their responsibilities. But what are the duties of an association board member? What does your…
Feb
23
2022
Demand for rental apartments through the first three quarters of 2021 was 28% higher than the U.S. single-year high in the same time frame in 2018. Asking rents were up 11.4% nationally year-over-year through September, with the occupancy rate of stabilized properties reaching 95.9% in August. Stats like these inspire observers to use words like…
Feb
02
2022
What is the ORA Power Rankings? The ORA® Power Ranking is based on the relative strength of over 128,000 properties across various review sites and ILSs. It is an independent ranking; a property or a management company is not required to be a J Turner Research client to qualify for the monthly rankings. Ranking on the…
Jan
20
2022
In the Satisfacts Biannual Report released on 1/20/2022 Towne Properties had the 10th highest epIQ score in the nation for property management companies with 25 or more communities. In addition, we had a group of communities managed by Towne make the list of top 250 communities! The epIQ score provides a reliable way for renters and industry…
Dec
23
2021
Towne Properties is proud to be included in the 2022 Pillar Award for Community Service list of Honorees. Community First is one of Towne Properties core values and being honored by Medical Mutual and Smart Business for our contributions to the Greater Cincinnati reflects our commitment to the communities we serve. The Pillar Awards recognize…
Dec
14
2021
Multifamily operators are always on the lookout for a way to boost the net operating incomes of their communities. The latest trend of centralizing operations has caught the attention of some firms looking to get the most out of their residential portfolios, while others are more hesitant about the potential benefits. Centralizing operations may not…
Dec
08
2021
The “Experience & Performance Intelligence Quotient (epIQ) Index” is a single performance metric powered by verified ApartmentRatings & SatisFacts data, designed to be the most authentic, transparent, and actionable industry metric for renters and multifamily professionals alike. Presented in an easily understood letter grade / report card format, the epIQ Index delivers the most authentic,…