Statement: To maximize the economic value of our
clients’ apartment portfolio…through excellence in leasing, rent
collections, property administration and increasing NOI.
and visit our online ContraVest communities today!
We are waiting to welcome you home!
PROPERTY MANAGEMENT OPERATIONS
Community Managers and Regional Managers are required to spend
significant time marketing their properties. In support of that effort,
ContraVest develops a site-specific marketing plan for every property,
which is continuously evaluated for effectiveness. All such plans focus
on the "Three P's" of successful marketing: Price, Product and People.
ACCOUNTS & FINANCIAL REPORTING
These services provide financial controls and produce monthly financial
statements. A specially assigned Property Accountant works with on-site
personnel on a day-to-day basis, processes all invoices, handles bank
reconciliation and assists owners with any other accounting needs.
An annual financial management plan and
budget is compiled based on years of property operations
experience and in depth competitive market research.
Every property has a self-contained maintenance operation. Maintenance
is available 24 hours a day, and work orders are to be completed within
24 hours. Maintenance personnel are EPA-certified and also Certified
ContraVest pursues an aggressive rent collection
policy, on the straight forward standard of 100% collection. Rent
is due on the first day of the month, with a grace period until the
third day. After that day, late fees are charged until all rent and
charges are paid in full.
STAFF ADMINISTRATION & PAYROLL
All ContraVest employees are enrolled with PayChex, an employee
leasing company. PayChex coordinates with our Human Resources
Director and handles such employee-related tasks as payroll, benefits,
new hire packets, legal advice, safety and termination. PayChex'
enormous client volume enables ContraVest personnel to enjoy excellent
benefits at nationally competitive rates.
The combined impact of all these management systems,
when properly integrated into property operations, has always proven to
boost profitability and enhance owner's return-on-investment.
Our web-based accounting systems and site-level operations allow
corporate to monitor, analyze, and enforce practices and policies at all
properties in the portfolio. Meanwhile, at the sites, our systems
automate the entire process of leasing and renting apartments, and
managing residents and facilities. Our systems allow for flexible,
accurate reporting and timely data distribution.
DUE DILIGENCE CONSULTING AND ACQUISITION STUDIES
We provide a comprehensive array of due diligence
services that could include interior and exterior inspections, lease
file audit, market survey, demographic studies and coordination with
professional consultants for both new and exiting projects.
CONSTRUCTION & RENOVATION SUPERVISION
Our construction management
services provide a proven approach to design, material selection,
budgeting, scheduling, pricing and execution. Our local
knowledge includes proven subcontractors and vendors.
REAL ESTATE AND FINANCIAL SERVICES
ContraVest enjoys local market
expertise coupled with vast experience in a myriad of real estate
transactions. These skills will prove beneficial with acquisition
and exit strategies, asset management services, refinancing, tax
strategy and capital renovation programs.
Asset performance can be enhanced with our aggressive
management and review of liability, flood and health insurance as well
as real estate tax appeal.
"You are the best. I know how hard you are working
to get this property running the way it should and, more
important to me, how dedicated you are and how much you really
care about doing the very best for the property. Having someone
who is as responsible and caring as you lets me sleep much
better. We are involved in over 100 multifamily properties
and you [Christin Tenpenny] and Darla [Straube] are a rare team
– and I mean that in a good way!"
- Third Party Management Client
obtaining information from the website about ContraVest