3Tree Flats is a 130 unit highrise which was constructed in the Petworth neighborhood of Northwest, Washington, DC. The building dynamics were particularly interesting due to the multi-layered restrictions associated with the Low Income Housing Tax Credit (LIHTC) program and other funding programs. Additionally, the building had a market rate component with a rent structure more than double that of the income restricted portion. The building was constructed as a condominium with St. Mary’s Center, a high-profile health services clinic which mandated a shared facilities component with the building. 3Tree Flats was leased up in a record 3 months and has maintained higher than 97% occupancy since then. Read More
In April of 2012, ResidentialONE retained management of a 72 unit property located in the Wyman Park neighborhood in Baltimore, Maryland. At the time of takeover, the condition of the property was a sore point with its neighbors. Wyman Court Apartments had the potential to be a jewel in the otherwise private home owned community. One year later, the property was a welcome addition to the neighborhood and an example of what a wise renovation and re-positioning plan can accomplish. Read More
ResidentialONE has become a leader in the sustainable and renewable energy arena with over 12 facilities where solar energy has become the primary hot water generation system. We have installed solar panels in a number of Maryland locations, and are seeing the fruition of this technology. We are experiencing 20% reductions in the cost of producing hot water. Read More
ResidentialONE managed communities have earned top Awards from SatisFacts, the national leader of customer satisfaction measurement in multi-family housing. The awards are based on results of annual satisfaction surveys. Read More
ResidentialONE made a big splash at its first PACE Awards ceremony by taking home 5 Overall Winner designations and one Distinguished Community Award, the highest number of Overall Winner Awards for any participating management company.
3Tree Flats and Allen House were named Affordable DC Winners. Tanglewood Apartments and Ellicott Gardens received top awards for Affordable Apartments in Maryland. Potomac Woods Senior was named a winner in Affordable Apartments in Virginia. The evening was topped off when Laurel Lakes Senior Apartments was named Distinguished Affordable Apartments in Maryland. Read More