Discerning Renters Drive Growth at The REMM Group Real Estate Management Company
Tustin, CA (PRWEB) June 05, 2015 -- Today The REMM Group announced the addition of two premium multifamily properties to their Southern California real estate management portfolio. The REMM Group says both properties are designed to satisfy the demands of a new population of discerning renters that would have sought home-ownership in the past. Oasis at Bermuda Dunes, near Indio, features 140 luxury apartment villas across the street from the Bermuda Dunes Country Club. The Link, a mixed-use property coming soon to Glendale, will feature 141 rental apartments and resident recreation on four upper floors over 8,600 sq ft of ground level retail shops, and 4,800 sq ft of commercial studio space.
“With credit tight, home prices exceedingly high, and busy work schedules, people are choosing to rent a premium apartment rather than try to buy a home. Renters can get the lifestyle and recreation amenities they want, without the home maintenance they don’t have time for. Looking at market trends, we forecast continued growth in our portfolio of this type of real estate management project for at least the next few years,” said CFO Shawn Conerty.
The REMM Group is a locally owned, third-party real estate management company that has been active for 30 years. Since its acquisition last year by three new owners the company has grown rapidly. With the addition of Oasis at Bermuda Dunes and The Link, The REMM Group has added 29 properties to their property management portfolio in the last 16 months. They have added 3,000 multifamily units and 176,600 commercial square feet of office, industrial or retail property.
“Our mission is to over-deliver for clients and tenants,” said Sara D'Elia, CEO of the The REMM Group “That real estate management style works wonderfully with the lifestyle based apartment homes that today’s renters are seeking. They want a great experience and we are eager to provide that.”
Oasis at Bermuda Dunes are one-and two-bedroom luxury apartments. They feature raised ceilings, tiled entryways, granite countertops, and private spacious balconies on beautiful landscaped grounds. The apartments are just a short walk to the classic Bermuda Dunes Country Club. One bedroom apartments are 820 sq ft, and there are 1,022, and 1,136 sq ft options for two bedroom two bathroom units.
“The Link is a property that perfectly fits the corporate culture of our real estate management group,” said COO Christine Dales, “The REMM Group has an active commitment to improve environmental sustainability in both our corporate practices and in the properties we manage. The Link in Glendale is designed from the ground up to support an environmentally conscious lifestyle. It will be a stunning multifamily complex for residents that want to live and work in a walkable community that allows reduced dependence on automobiles.”
Located at the southern tip of Glendale’s San Fernando Road corridor, The Link apartments will be within a short walk of many major employers, medical facilities, public transportation and retail establishments. In article an May 16, 2013 in the Glendale News Press, Mayor Dave Weaver said the project would transform a neglected area of Glendale.
About The REMM Group
The REMM Group is a top locally-owned property management company in Southern California. They manage over three thousand multifamily units, and three million square feet of commercial real estate including industrial sites, retail locations, and office complexes. The REMM Group also provides outsourced accounting services for institutional and privately held management companies in Southern California using Yardi Voyager™ property management software.
The company began in 1978, and was purchased last year by Sara D'Elia, Christine Dales, and Shawn Conerty. All three have extensive backgrounds in property management. The REMM Group was awarded the 2013 Accredited Management Organization of the Year by the Institute of Real Estate Management for Orange County (IREM-OC). The REMM Group’s corporate office is located at 15991 Red Hill Ave. Ste. 200 Tustin, CA 92780. For more information, visit http://www.remmgroup.com or call (714)974-1010.
Oasis at Bermuda Dunes
Oasis at Bermuda Dunes is located at 79090 Avenue 42, Bermuda Dunes, CA 92203
The Link in Glendale
The Link in Glendale is located at 3901-3915 San Fernando Road, Glendale, CA 91204.
For additional information on the news that is subject of this release, contact Sara D’Elia at (714) 974-1010 x213, sdelia(at)remmgroup(dot)com, or visit http://www.remmgroup.com.
Sara D’Elia, The REMM Group, http://remmgroup.com/, +1 (714) 974-1010 Ext: 213, [email protected]
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