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…
Towne in the News
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,…
Nov
26
2021
Towne Properties is proud to be the second largest property manager of residential properties in Central Ohio out of a list of 26 eligible companies.. Our commitment to creating better communities means that the impact we have on the residents we serve is felt widely across the region. See full list here From the Columbus Business…
Nov
19
2021
View the FULL LIST HERE
Nov
10
2021
Towne Properties, an integrated real estate company, ranked 65 (up from 73 in 2020) on the Deloitte Cincinnati 100 of largest privately held companies. We are proud to be included in this stellar group of companies representing the best Cincinnati has to offer. VIEW FULL LIST
Sep
28
2021
Adam Bortz, CEO of Towne Properties, is featured in the 2021 Cincinnati 300 list in the Real Estate section of the publication. What is Cincinnati 300? This first-of-its-kind publication, produced by Cincinnati Magazine, celebrates the region’s 300 most powerful business leaders across myriad industries: banking and finance; consumer goods; culture and tourism; education and health; entrepreneurship; manufacturing;…