Austin, TX (PRWEB) August 24, 2011
TenantAccess, a leading provider of property management and leasing services throughout the nation, today announced the launch of its new company division, PropertyAccess. Offering end-to-end property management services for investor clients, PropertyAccess introduces the industry’s first national source for the full spectrum of services required to grow and manage investors’ real estate portfolios. This new property management solution is supported by centralized systems for management, billing and reporting.
The surplus of residential homes on the market, declining home prices and the increased demand for rental property has presented a unique buying opportunity for investors. Hedge funds, private-equity firms, pension funds and other endowments are now venturing into an investment market previously powered by individual investors.
“Building on our expertise and experience in the industry, we are excited to deliver expanded property management services to the growing number of large and medium sized investors entering the dynamic foreclosure market,” said Paul Hayman, President of TenantAccess. “PropertyAccess provides our investor clients with additional solutions to help them maximize portfolio returns and eliminate the worries of property management.”
Large investors require sophisticated systems and data management in order to manage and track the performance of material volumes of scattered and diverse properties. It is these needs which require a company with the size, scope and national reach of PropertyAccess.
PropertyAccess offers investors the high quality local services required to evaluate, acquire, lease, manage, maintain and sell their properties regionally or nationally including:
- Evaluation of physical condition of properties, including recommendations on renovations and repair needs
- Thorough comparative analysis of area rentals and recent sales
- Buying assistance via licensed agents
- Management of repairs and renovations via construction management services
- Leasing management to market, recruit, qualify and manage renters throughout the rental lifecycle
- Full spectrum of interior and exterior maintenance to ensure condition of property
- Selling assistance via licensed agents
“PropertyAccess’ dedicated staff can offer investors local knowledge and expertise on market conditions enabling them to focus on acquiring properties that strengthen their return on investment no matter where they are located,” said Jim Warren, Senior Vice President of PropertyAccess. “In addition, PropertyAccess can provide clients with a local network of support, enabling local investors to expand regionally and regional investors to expand nationally.”
The TenantAccess team has more than 30 years of industry leading REO, residential property management, and lease experience. The company provides a full range of services, with a national presence of local property managers. TenantAccess integrates the resources and capabilities of the nation's leading property preservation, REO maintenance and repair company, Field Asset Services. TenantAccess is a subsidiary of publically listed FirstService Corporation. This strong ownership enables significant operational capacity and infrastructure to support current volumes, as well as provide additional scaling capacity for our clients' incremental property realization strategies. For more information about TenantAccess visit http://www.tenantaccess.com.
About FirstService Corporation
FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U) is a global diversified leader in the rapidly growing real estate services sector, providing services in commercial real estate, residential property management and property services. Industry-leading service platforms include Colliers International, the third largest global player in commercial real estate services; FirstService Residential Management, the largest manager of residential communities in North America; and TFC, North America’s largest provider of property services through franchise and contractor networks.
FirstService generates over US$1.8 billion in annualized revenues and has more than 18,000 employees worldwide. More information about FirstService is available at http://www.firstservice.com.
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