A Key Strategy

Knowing when and how much capital to judiciously apply in order to implement specific property strategies is critical in enhancing performance. One can easily invest too much capital with the same effect as too little - an unsatisfactory outcome.



At First Leaside, we have learned how to implement specific corrective-action campaigns for under-performing properties.

Our Property Managers are better described as client managers because we recognize that our principal asset is not the bricks and mortar, but the residents we serve. Our seasoned managers develop and maintain long-term relationships with our residents, resulting in reduced turnover and expenses.

Evaluate and identify capital issues - Precise application of adequate funding provides for restoration, renovation and ongoing maintenance.

Prudent preservation of sufficient working capital - Set goal to establish a solid, high-quality, low-turnover tenant base appropriate for the market.

Escalating demand and increasing rental rates - The benefits of property improvements and expense controls.