In 2017, The Management Works took on nine more properties growing our total units managed to 906. Two of these properties are in San Diego and one is in Portland, Oregon, making it the first year we have expanded to areas outside of Los Angeles and Orange Counties. Two properties on-boarded during the year comprised of 18 commercial retail units, also a landmark for our company. We hope 2018 will bring additional opportunities to apply our unique management system to our client’s investments.
Our maintenance and project management teams were busy during 2017 completing landscape and exterior renovations at ten properties. For example, at Aventine Court in Corona, we repaired the existing play structure, upgraded the landscaping, and installed communal barbecues and picnic tables. Residents are thrilled to see the upgrades and have an invigorated pride of ownership about their community. At another property in Tustin, Park Magnolia received a brand-new fitness center complete with cardio equipment and weights. Residents love to utilize their new gym and say it has added considerable value to the community.
In addition to our exterior renovations, The Management Works now has a completely redesigned website. Mgtworks.com now incorporates a blog, career page, and social media profiles which makes renting from us a breeze. In our attempt to digitize our rental experience, a few of the properties received Yelp page branding to showcase our renovated properties. We also spearheaded a Yelp campaign to bring attention to these pages in an attempt to highlight our online presence. In 2018, we hope to continue this trend and add property-specific Facebook pages to promote a sense of community.
The future of The Management Works looks bright in 2018 as we plan to reach our goal of 1000 units managed by year’s end. We hope to add additional value to our current properties through smart use of owner capital. We also plan to increase our resident relations through technology by utilizing social media and our new blog. With our progressive approach to digital tools, our highly trained staff, and our drive to become better, The Management Works is here to help you with all of your management and investment needs. As always thank you for your continued business and friendship as we begin a new and exciting year.
Sincerely,
David “Chip” Robinson
President & CEO
The Management Works
