Property Management - Case Studies >

Project Location : Whittier, CA

Project Description : Subject property consists of two stand alone buildings on two separate lots totaling 24 units and 18,175 square feet. The apartment was originally purchased as an income producing asset.

Urban Collective's Solution : Urban Collective was immediately able to increase net operating income by approximately 20% and minimize vacancies while simultaneously carrying out complete interior/exterior renovations. The project is on track to increase gross rents by approximately 50% within the twelve months of assuming management.

Project Location : El Cajon, CA

Project Description : The subject property consists of three stand alone buildings totaling 31 apartment units located on a 67,954 square foot parcel in El Cajon, CA. The apartment development was originally purchased for the purpose of converting the units into condominiums.

Urban Collective's Solution : Urban Collective was immediately able to bring its decades of collective construction management and development experience to bear on this property. Working with extremely limited cash flow, Urban Collective composed a plan to enhance the income and value of the property with minimal expenditures, bring maintenance up to date, revamp management practices, and manage capital improvements.

Project Location : Oceanside, CA

Project Description : Subject property consists of a mix of 12 beachfront apartments and vacation rentals. The approximately 6,000 sq. ft. property was built in 1947 and consists of five stand-alone buildings.

Urban Collective's Solution :

Project Location : Downtown San Diego

Project Description : Luxury high-rise penthouse in the prestigious Horizons' development.

Urban Collective's Solution : Urban Collective immediately assumed management of the project on extremely short notice for a major financial institution. Urban Collective efficiently managed the project throughout the REO process for the bank while working with both buyer and seller representation.