Property

MANAGEMENT
We Treat Your Property Like It's Our Own
Who Do We Work With?

We are a great fit for property owners who own Class A, B, and C apartment communities with a minimum of 80 units per property or more.

Independent Property Owners

Driven by NOI we help ownership groups make strategic decisions for their portfolio, maximizing long-term value.

Ownership Groups

By managing properties with a focus on improving occupancy and managing costs, we help equity funds realize their full return for investors.

Private Equity Funds

Our Approach is Simple
We Manage Every Community Like It's Our Own

We have one strategy for managing profitable communities: treat every community we manage like it's our own. Why? Because the key to increasing value is making your property a Great Place to Live. 

Our Process

  1. Conduct a thorough due diligence process.
  2. Create an action plan to increase revenue and decrease expenses.
  3. Build an experienced on-site management team.
  4. Expertly manage renovation projects to reposition the property.
  5. Improve resident satisfaction while managing NOI expecations.
  6. Create annual property plans to continuosly improve the community.

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What We Offer
Increased Resident Satisfaction and NOI

When we step in to build relationships, take responsibility, and solve low occupancy and out of control expense challenges, you can expect your property rating to improve, resident satisfaction to rise, and NOI to increase.

  • Dedicated regional vice president
  • On-site staff trained by Towne University
  • CAMS or CAPS accredited property management staff
  • Access to full, in-house support teams:
    • Training 
    • Technology
    • Marketing
    • Accounting
    • Human Resources
  • Due diligence
  • Seamless transition from your current property management company
  • Internal renovation team that
    specializes in:
    • Occupied renovations
    • Value-add projects
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Success Stories
Great partnerships mean great success

We manage your property the same way we manage ours, to ensure that you achieve success - however you define it.

  • Value-Add Renovations

    A multi-family property was ready to embark on kitchen renovations to improve occupancy and increase monthly rental rates. Towne Properties renovation team completed the following renovations:

    • 192 units renovated
    • Each renovation took 1 day
    • Cabinets, lighting, backsplash, appliances, and countertops were replaced

    Results

    We experienced a 46% increase in rent for one-bedroom units and a 38% increase for the two bedroom units.

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    A Property Owner's Dream

    Lakota Lake was a distressed property with potential, purchased for below market value at $9,000/unit. Over the course of seven years we employed a strategy of smart renovations and stellar property management to create long-term value for the owner.

    Results

    • Created short-term value allowing the owner to secure a permanent loan
    • Recognized unleveraged cash flow with an increase in NOI
    • Property value increased by 9X selling at $83,000/unit

Professional Affiliations and Awards
DEDICATED TO THE INDUSTRY

Through our professional affiliations and recognition we show our commitment to excellence and growth.

Property Management Consultation
Contact us to talk about Towne Properties third-party management.

Whether you currently own a property or you are in the process of purchasing one, we can meet to discuss your goals, review property financials, and even help you through the due diligence process.

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Please select at least one option.