Residential One celebrated its first birthday in September. We have accomplished quite a bit over the last year and are already on pace for an exciting 2017! Some of the first-year highlights: Read More
News/Blog
Residential One, Inc Completes Successful Apartment Lease Up in Washington, DC
An affordable, green apartment community in Takoma Park, Washington, DC leases up in record time.
Metro Village Apartments, located in Takoma, DC has completed a successful lease up. The five-story, mixed-income rental community is located adjacent to the Takoma Metro and in the midst of a vibrant DC neighborhood.
ResidentialONE Properties Take Home 2016 PMA PACE Awards
ResidentialONE properties win PACE Awards for second year in a row
ResidentialONE 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.
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
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