Multifamily

Multifamily Construction & Renovation 

Some of the benefits:

• Substantial increase in rents
• Dramatically increase competitive stance in market
• Lower tenant turnover/stronger retention
• Reduce maintenance costs
• Lower utility costs for project and tenants
• Increase tax benefits/cost segregation
• Lower insurance costs
• Lower cap rate
• Ability to attract higher quality employees
• Upgrade of apartment class with modernization and renovation
• Renovation work that averts AB 1482 Tenant Protection Act