Due to absentee
ownership, uninvolved property management or both the existing
occupants of a newly acquired project may be less than ideal
residents. Pacific Property Assets has extensive experience
in the identification and screening of prospective tenants.
As the project
renovations go forward and the re-tenanting process is
implemented, the resident profile within the project becomes
more desirable. As an added benefit, PPA has found that once
an upgraded tenant profile is established, the buildings tend
to require less ongoing repair and maintenance.
PPA itself directly manages each property internally within
the dictates of a written management
plan. Our management style is very proactive, virtually
the opposite of an absentee-owner or third party “fee
management” company.
Our active involvement in day-to-day property and asset management
helps us not only to deliver results that meet or exceed each
property’s written business plan but also to be aware
of the onset of trends that can result in other opportunities
within the marketplace.
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