Altman Management Company focuses primarily on managing and investing in multi-family apartment properties.
Currently, Altman's experienced real estate professionals manage assets worth a market value of nearly one billion dollars. The company's specialty is reviving regionally located, multi-family real estate that isn't being managed and capitalized to its full potential. Altman's team seeks such under-valued properties, transforming these communities into viable assets. The final outcome of this process is superior returns for the investors.
Investment Strategy & Approach
Properties that are under-capitalized and under-managed are prime opportunities for Altman Management Company.
Under-capitalized properties are often in need of significant improvements and upgrades. To capitalize on the potential of a specific community, our team creates a program to modernize the community funded by an infusion of capital. Updating the building's exterior, interior of the units, and systems substantially increases the value of the property.
Under-managed properties are the effect of inexperienced owners in the multi-family rental market in which they operate. This lack of information can have unfavorable results which can lead to inaccurate rents. The Altman team will assist in analyzing the property, including its amenities, and recommend a fair rent that will increase occupancy which benefits all parties.
The role of Altman Management Company is to serve as the conduit between the entrepreneurial and institutional marketplaces by identifying and managing multi-family investments. This value-added approach consistently produces superior risk-adjusted returns.
Identify and target mismanaged and under-valued properties for potential acquisition.
Evaluation of the physical condition of a property, position in the marketplace, and upside potential.
Apply value-added techniques through a hands-on management process.
Inject fresh capital to improve the external and internal components of the community.
Benefits & Results
The various stakeholders in the properties acquired by Altman Management Company will benefit from our approach:
- Residents will live in a more vibrant community – one they are proud to call home.
- Lenders are in the attractive position of having high-quality collateral for their loans.
- Investors earn solid, often above-market, returns.