Tag Archives: apartments

​10 things to ask before… Choosing a property manager

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Via – Tampa Bay Business Journals
INDUSTRIES & TAGS

1. Are you accredited?

Accreditation indicates that a property management company adheres to high standards. Look for a company that has an accredited staff and leadership who have met the strict requirements for education and experience in property management. A major accreditation organization is the Institute of Real Estate Management, a division of the National Association of Realtors.

2. What does your insurance cover?

Make sure the company has a fidelity bond to insure against loss due to employee dishonesty. Coverage for forgery and alterations is also important to protect against loss. The staff should be knowledgeable of loss-prevention and risk-management programs.

3. What services do you provide?

Property management companies can offer an array of services, including management planning, financial reporting, market rent analysis and lease negotiation, to name a few. Determine what services your business needs. That information can help you draw up the best management agreement for your property.

4. Why types of properties do you manage?

A management company’s expertise should fit your needs. Does it have experience solving your sort of problem, such as a maintenance or vacancy issue? Has it managed your type of building, be it an office or housing complex? Find out what other properties the company manages, how long it has managed those properties and what the results have been.

5. What is your fee structure?

Possible fee structures include the following: management fees, generally based upon a percentage of collections; percentage fees, which can be based on different portions of income; and flat fees, or a flat fee plus a percentage of income.

For the additional 5 points, click here for full article

If you’re seeking professional property management, look no further and CLICK HERE <—

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IBRE and Sean Dreznin are proud to present a 12+ unit apartment complex, located in a highly desired area of Sarasota, FL with water, downtown & sunrise views

Ian Black Real Estate and Sean Dreznin are proud to present a 12+ unit apartment complex, located in a highly desired area of Sarasota, FL with water, downtown & sunrise views

CLick Here <—-===== for more information

Sean Dreznin sells apartments

Sean Dreznin sells apartments

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Sean Dreznin successfully closes the sale of 2 additional apartment buildings in St. Petersburg, FL

Sean Dreznin from Ian Black Real Estate successfully closed the sale of 2 additional apartment buildings in St. Petersburg, FL

Queen Anne Apartments in St. Petersburg, FL, SOLD by NAI Tampa Bay's Multi-Family team, Kyle Keelan and Sean Dreznin

Queen Anne Apartments in St. Petersburg, FL, SOLD by Sean Dreznin

Sean Dreznin simultaneously closed the purchase and sale of The Casa Grande Apartments and the Queen Anne Apartments this past week.

Led by Sean Dreznin, the 22-unit Casa Grande and the 18-unit Queen Anne seamlessly closed.

The buyer was completing a 1031 exchange and the sellers had enhanced and stabilized the property before bringing it to market.

Please contact Ian Black Real Estate and the multi-family team for all your Apartment and Investment Goals!

Sean Dreznin – (941) 961-8199 sean@ian-black.com

SOLD * SOLD * SOLD - We can sell yours, just ask Sean Dreznin or Kyle Keelan @ NAI Tampa Bay

SOLD * SOLD * SOLD – We can sell yours, just ask Sean Dreznin

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Property Management done well

Property Management done well

By: Mark Gordon | Deputy Managing Editor

via Business Observer (original article 2010)

In most cases, no one knows a property better then the property manager. This is the case with Ryntal.

Chris Abbott went in several entrepreneurial directions in 2004 after his U.S. Army tour ended.

He became an inventor, a software developer and a commercial real estate investor. He also worked in land development for some of the Gulf Coast’s most respected homebuilders and developers.

But it turns out Abbott’s best directional decision, so far at least, was to start a multi-family residential and commercial property management company amid a crippling recession.

That company, which Abbott founded as a one-man show in October 2008, is now poised for a growth spurt. The Review first profiled Abbott and the company, Ryntal Property Management, in its special issue on young entrepreneurs last year. (See Review, 1/23/09.)

Ryntal has since hired eight employees, with plans to bring on four more inside office clerks and 12 additional rental agents this year. Abbott, 32, projects Ryntal will reach at least $600,000 in revenues in 2010, when it will also open two retail apartment rental stores.

Abbott even recently brought on a business partner, a CPA and former accounting executive with several international construction and real estate firms based in the Washington D.C. area. The partner, Tom Wagenhauser, joined the company last year.

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San Marin Apartments in Tampa, FL Sell for $9M

San Marin Apartments in Tampa, FL Sell for $9M

By Justin Sumner

Ceebraid-Signal Corporation acquired the San Marin multifamily property at 3501 W. Waters Ave. in Tampa, FL from Conix, Inc. for $9 million, or about $47,000 per unit.

The 193-unit, 24-building, 192,505-square-foot, garden-style apartment complex was built in 1972 on 8.2 acres in the Greater Egypt Lake – Leto North submarket of Hillsborough County. It features a mix of studios, one-, two-, and three-bedroom units and townhome-style apartments with asking rents between $499 and $929 per month. At the time of sale, the asset was 75 percent occupied.

The acquisition was funded with a new $15.35 million loan provided by private institutional lender LMREC III Holdings IV, Inc.

For the complete article, CLICK HERE <—-====

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Looking to sell or purchase Gulf Front property? Call Sean Dreznin at Ian Black Real Estate. Sean knows the Gulfcoast!I

Looking to sell or purchase Gulf Front property? Call Ian Black Real Estate and Sean Dreznin. Sean Sells the Gulfcoast of Florida!

Helmsley Sandcastle -- Sean Dreznin of NAI Tampa Bay provided picture

Helmsley Sandcastle — Sean Dreznin of IBRE provided picture

Currently Sean has a confidential 10+ unit Apartment complex for sale in Sarasota, Fl.

It was under contract, but the Buyers could not perform, so it is back on the market and ready to find a new buyer.

UPDATE – SOLD, SOLD, SOLD
Highly desired. Located near new and luxury construction/development.

NAI Tampa Bay Real Estate, serving the Gulfcoast of Florida.

Ian Black Real Estate, serving the Gulfcoast of Florida.

Sean can be reached at (941) 961-8199 or sean@ian-black.com

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Bradenton apartment units sold for $65,000 per unit

Bradenton apartment units sold for $65,000 per unit

By Michael Braga , Herald-Tribune / Monday, February 24, 2014

Mil & Ros Investments Inc., an Osprey company managed by Mats G. Rosander, sold 16 apartment units in four buildings at 4540 19th St. Circle W in Bradenton to Forth Worth, Texas resident Charles Bamberger for $1.04 million, or $65,000 per unit.

Rosander’s company paid $775,000 for the four-building complex in June 2007.

Click here for complete article <—====

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