Best-in-class Property Management Services
Carroll Management Group was formed to provide best-in-class property management services to Carroll Organization's clients and investors. As the operating arm of Carroll, it provides clients and investment partners with a platform to increase the value of their real estate assets. Carroll brings years of experience in performance improvement, value enhancement, due diligence, and regulatory compliance of multifamily properties.
Carroll's success is the result of talented and motivated professionals who are continually trained in effective management techniques. We hire the best managers, site employees, and regional teams in our markets. To support our team members, we have evolved our training department into one of the most cutting-edge in the country, while creating a professional, fun, and challenging work environment. This training, coupled with evolving creative leasing strategies, has led to a demonstrated record of consistently improving net effective rent growth and turnarounds of distressed and value add properties.
Carroll Management Group has selectively opened its management services to investors and owners of apartment communities. We consider ourselves an entrepreneurial management company that provides institutional level services to a select group of owners who want personalized and tailored services for their property.
We understand the client's need for accurate and timely reporting on the condition of their investment. We provide monthly financial statements and reporting in a GAAP compliant format, which fits most lender and investor requirements. We are capable of designing a customized reporting format with unique summary features and delivering them in a timely manner.
Our team provides due diligence services to Carroll Organization and to third party multifamily real estate investors who want a detailed analysis of the physical and financial condition of a potential acquisition or an existing property. We provide our clients with necessary data to effectively analyze a potential transactions and make informed investment decisions.
Our technology platform provides industry leading accounting software and revenue management systems for our team to effectively manage the operations of each asset. We also leverage our platform to enhance our residents' living experience. Residents can pay rent, contact management and engage with the broader community through our on-line resident portals and social media outlets.
Marketing & Training
A strategic marketing and training program is created for each property before take over. Based on careful analysis of market survey and asset specific data, we are able to design a comprehensive plan to ensure success in a highly competitive market.
Carroll Organization's asset management team works in collaboration with Carroll Management Group to maximize investment returns. We accomplish this by setting strategic plans for each investment property we manage. Carroll Asset Management is actively engaged in providing leadership and oversight throughout the entire investment lifecycle. We focus on understanding current and future fundamental market trends which guide the business plan of each investment.
Our specific asset management services include:
- Execution of due diligence to identify opportunities for improvement
- Development and execution of strategic plans to maximize an asset's long-term value
- Preparation and implementation of operational and capital budgets
- Produce accurate and timely owners' reports
- Monitoring capital improvement projects
- Identifying and closing asset financing
- Management of asset dispositions