Thank you for considering Palm Communities. We specialize in managing multifamily housing. It’s all we do every day. We aren’t investment sales brokers, and we don’t manage houses or office buildings. Our brochure above has information about our firm, but we like our work to speak for us, which you’ll see in the Case Studies below.
As you shop other firms, ask for proof of their results. We stand out because we focus on the 2 ways to increase a property’s value: growing net income, and producing detailed reporting to give buyers & lenders confidence. Here are examples of properties we’ve turned around after poor operators:
- 66 Units – Improved gross income by 60% in 18 months.
- 40 Units – Increased collections 19% in 45 days.
- 39 Units – $1.575MM value added in 8 months.
- Apollo Beach – Improved occupancy from 62% to 100% in 6 Weeks.
- Clearwater – Grew Occupancy from 42% to 100% in 6 Months.
If you’re planning a Value-Add strategy, review some deals below where we’ve led renovations:
- 61 Units – Doubled gross income in 2 years.
- 48 Units – Renovation & sale yields 29% ROI.
- 32 Units – Repositioning & sale for a 47% price gain.
- Tampa – Re-Tenanting & sale for a 44% price gain.
- Example of heavy unit renovation.
If you manage property yourself, we can “Pay for Ourselves” by improving NOI more than our fee. We’ve done so on every assignment to-date. A few examples: