Garner Properties Extends Partnership With Coseo Properties

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San Diego Investment Firm Puts Trust in Michigan Property Management.

Garner Properties & Coseo Properties

"We are impressed with Garner and look forward to a profitable future."

Garner Properties & Management LLC signed a long term contract with San Diego-based investment firm, Coseo Properties, Inc. to continue the management of over 120 single family homes in Michigan.

Matthew Hermsen, Vice President, Asset Management of Coseo Properties said, “Garner Properties was originally tasked with turning around the portfolio to profitable, and they have accomplished this in a very short time.

Garner Properties’ turnaround efforts included property rehab, removing delinquent tenants, re-renting the properties, and collections. According to Property Manager, Chris Garner, the occupancy rate of the portfolio of homes is approximately 90%. Garner added, “We have tried and true systems in place to address all of Coseo Properties’ concerns which allowed us to accomplish our goals as planned.” Hermsen said, “We are impressed with Garner and look forward to a profitable future.”

“We are looking forward to continuing our relationship with Coseo Properties into the far future, and continue to look for ways to serve our large portfolio clients,” said Garner.

Garner Properties & Management LLC is the largest SINGLE FAMILY, and the fastest growing small to mid-size MULTI-FAMILY, property management company in Michigan with over 1400 properties under contract. Garner Properties & Management LLC has been serving Michigan for more than fifty years helping property management customers reach their goals.

Coseo Properties, Inc. is a national real estate investment and development company based in San Diego, California. Since 1983 the company has been involved in all aspects of the real estate industry – from commercial, retail, industrial, and residential development to investment in land and foreclosed properties.

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Chris Garner

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