Franklin Street Management Services works with multifamily property owners to improve financial performance and streamline operations. Thanks to our comprehensive services, the strength of our team and the power of collaboration, we provide innovative, custom solutions for clients. Our division currently manages 4,000 units across the Southeast, and we are pursuing opportunities as we continue to grow.
Franklin Street encompasses a range of services that, working in tandem, leads to positive results for clients:
Property Management: We strive to achieve the highest possible net operating income for each asset by evaluating and advising on a number of critical elements, from maximizing rent collection to minimizing operating costs.
Leasing and Marketing: Our team implements marketing programs that address such aspects as the property's physical appearance and maintenance, optimal pricing strategy, tenant retention, advertising plans and education of on-site staff.
Market Research and Feasibility Studies: Through extensive fieldwork, we identify opportunities to improve property operations while analyzing rents and occupancy rates in order to provide well-informed consultation.
Due Diligence: For clients who are adding assets to their multifamily portfolio, our team conducts in-depth analyses of income, expenses, market rents and physical condition of properties under consideration, then offers advice based on our findings.
Construction Management Services for Renovation and Property Repositioning: We oversee a range of construction services for properties requiring interior and exterior renovations. In addition, as a property is being renovated, we can work to improve such elements as marketing programs and resident profiles to reposition properties to achieve maximum value.
Real Estate Owned/Receivership Assets: Franklin Street Residential is experienced not only as a manager of Real Estate Owned (REO) or receivership assets, but also acts in the capacity of court-appointed receiver for lenders and special servicers.
At www.FranklinStreetRS.com, our clients can list properties to be included in our apartment search section, where prospective tenants are able to search according to several different variables to fit their needs and lifestyle. This site also has an area where residents of the communities we manage can find information and ask questions.