ResidentialONE Properties Take Home 2016 PMA PACE Awards

ResidentialONE properties win PACE Awards for second year in a row

 

2016 PACE Awards Winner - PMA PACE AwardsResidentialONE celebrated its second year of operation by having 6 properties win PACE Awards. This is the second year properties managed by the firm have won awards.

Potomac Woods Senior (Virginia) and Morningside Park (Maryland) won top honors. Maryland properties Paddington Square, Quebec Arms, Tanglewood and Ellicott Gardens all earned distinguished recognition.

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Increasing Revenue Through Innovation

At ResidentialONE, we believe that original thinking and innovation leads to benefits for both the communities we manage and our clients. We encourage our team members to investigate creative solutions to challenges faced by property management in today’s marketplace. This support of innovation has resulted in exciting opportunities on site and revenue growth for our clients. Below are a few examples: Read More

Rethinking Successful Lease Up

3 Tree Flats Apartments in NW DC3Tree 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