Many properties experience sub-standard performance due to inexperienced or poor management.  This often leads to asset deterioration, a poor image in the marketplace, and a diminished quality of life for the residents.

LRM provides the following services to address these problems:

Property Management Services

Including employee services, accounts payable management, financial statement preparation, monthly reporting statements to owners and lenders, coordination of remodeling initiatives, asset protection, bridge management for sale of properties, and general business management.

Property Lease-up Services

Including coordination and design of advertising, initiation and management of marketing campaigns, turn around specialists, brochure design, and the hiring of marketing staff.

Design, Construction and Development Services

Including initial market studies to justify site location, design elements of senior-friendly properties, coordination of architectural design and construction, and management of the permitting process with authorities of jurisdiction.

LRM CAN IMPROVE:

• Expense control without sacrificing the quality of programs
• Customer retention through service improvements
• Occupancy based on sound marketing and sales programs
• Employee satisfaction and longevity
• Asset protection
• Transparent reporting to owners and lenders
• Targeting of capital improvements to increase revenue
• Education of the owners about best practices  
• Cash flow based on a combination of all the above