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VALUE COMPANIES LAUNCHES NEW FULL-SERVICE DIVISION TO OVERSEE MANAGEMENT OF THIRD PARTY RENTAL COMMUNITIES

Friday, July 16, 2010 / Value Companies

Value Companies
 

CLIFTON, NJ – Value Companies of Clifton, N.J. has launched a new division to provide full-service management capabilities and customized asset solutions to third-party real estate investment and property owner clients throughout the country. 

     

   Called Value Asset Management, the division draws on Value’s long history of rental property management, to develop and implement proactive and comprehensive property management plans that will greatly benefit client apartment communities in customer service, maintenance, operations, leasing, occupancy and marketing, according to Jon Moore, Vice President of Business Development for Value, which owns and manages its own portfolio of 3,600 residential units in New Jersey, Pennsylvania, New York, Texas and Florida.

 

        “Value’s outstanding track record since 1952, proven experience and passion for excellence have established the company as one of the northeast’s leading real estate developers, owners and managers,” notes Mr. Moore.  “One key to our success has been an ability to grow and adapt to the ever-changing rental marketplace and expand from traditional methods by employing innovative and new techniques to effectively market and manage our properties.  For example, we recently implemented new user- and mobile-friendly property websites to provide excellent resident services and streamline payment and maintenance requests.

     

    “This ability to understand the current rental landscape, as well as a strong knowledge of local markets, has allowed us to achieve and maintain historically-high occupancy levels at our communities despite current economic conditions and challenges.  Value Asset Management passes along this expertise and knowledge to outside property owners and developers concerned about effective community operations, raising the bottom line and increasing profit margins.”

      

    Value Asset Management will offer a “hands on” approach, staffing communities with the kind of multifamily professionals, leasing agents and maintenance personnel that have been instrumental in crafting Value’s sterling reputation for customer service and management efficiency, Mr. Moore points out.

    

       As its corporate name since its founding suggests, Value Asset Management also, but not exclusively, specializes in value-add multifamily investments; properties where there is opportunity to redevelop, reposition, or generally improve the fixed assets, curb appeal, resident relations, maintenance operations and other programs that make improving real estate an exercise in community building and value creation.

     

     Another added bonus is Value’s familiarity with assets and a unique skill that comes from developing, owning and managing a variety of properties, including large-scale suburban and urban sites and low-and mid-rise buildings.  These include current rental properties such as 140 Mayhill, Ten Sampson, Arla, Crestview, Foxhall, Gateways at Randolph, Landra, Ralson, Saddle Brook and Valley View Apartments in New Jersey, Creek Village Apartments in Pennsylvania, Sutton Hill and The Point at Sutton Hill in Orange County, NY and Gateways at Centreport in Fort Worth, TX.

    

     For more information on Value Companies’ third party property management services, please contact the company headquarters at 973-473-2800 or visit www.valuecompanies.com.

 

About Value Companies

Value Companies, founded in 1952, is a leading real estate development, investment and management company headquartered in Clifton, N.J. The company currently owns and manages a portfolio of 3,600 residential units located throughout New Jersey, Pennsylvania, New York, Texas and Florida.


Across its development division, Value Companies has embarked on $100 million in new apartment, condominium and mixed-use developments and investments in strategic suburban and urban locations throughout the country. Value’s development success is directly tied to its steadfast commitment and expertise in multifamily housing, and its ability to introduce new housing products that address consumer and community needs.


Value’s residential properties are built and managed by a highly-skilled, in-house management team of more than 80 industry professionals which oversee all aspects of Value’s communities, including construction, leasing, maintenance and property management.  Value’s third-party management business, Value Asset Management, provides full-service management capabilities and customized asset solutions to a growing list of third-party real estate investment and property owner clients.


For more information, please contact Jonathan Moore, Vice President of Business Development at Value Companies’ headquarters at 973-473-2800 or visit www.valuecompanies.com.



Published by : George Cahn
George M. Cahn
President
CAHN Communications
gcahn@cahncomm.com
www.cahncommunications.com This article has been viewed 1208 time(s).

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