NOIPM expects the asset to stabilize in the coming 3 months and are looking forward to their next lease-up.
Beaumont, Texas (PRWEB) June 11, 2014
NOI Property Management LLC is pleased to announce the full LEASE-UP of Stoneleigh On Major Phase II in Beaumont, Texas is complete and ahead of schedule and rents.
“Once again, we and our clients are thrilled with the lease-up results of this beautiful Class “A” Asset, to 96% occupancy 2 months ahead of schedule and 3% above expected rents," said V James Marfuggi, President of NOIPM. According to Marfuggi, NOIPM expects the asset to stabilize in the coming 3 months and are looking forward to their next lease-up assignment.
NOI Property Management LLC is a Texas based 3rd party multifamily management services company.
NOIPM officers have operated over 3.5 billion in multifamily assets over the past 25 years in primary and tertiary markets across the United States.
NOIPM is best described as offering high impact management for both clients and residents alike. Adhering to best practices to exceed market performance, NOIPM focuses on operating basics, or what we refer to as “Performance Fundamentals." We maximize the resident experience, emphasize product presentation, and educate our team in financial metrics, thereby raising the performance expectation.
NOIPM offers clients a proven track record of success across multiple operating disciplines: conventional management, turnaround management, value add management, construction services management and new development lease-ups.
FOR MORE INFORMATION ABOUT NOIPM CONTACT KSMITH(at)NOIPM(dot)COM