• We at Pro-managed believe that there are potential opportunities in every market at any given time.

Pro-managed currently owns and/or manages properties in Pennsylvania, Illinois, Arizona, New Jersey and Florida. We primarily look for investments in which it can enhance returns through value-driven improvements. We look to acquire properties at a reasonable basis with the opportunity to enhance returns by increasing income and controlling expenses. Our main goal is to make strategic decisions as to how to best invest capital in order to make physical improvements that will result in a tangible difference in the property’s performance.

Pro-managed adds value to every new acquisition by utilizing all of its resources as follows:

• The Acquisition team and Property Management teams work closely together to uncover opportunities for value enhancement and risk mitigation during the due diligence process and through the hold period.
• The highly focused and experienced Property Management team works arduously to implement and execute the initial asset business plan and to maintain the quality of the asset, the management staff and the customer experience to the best of its ability until the sale of every investment.

Our general preferences with regard to acquisitions are as follows:

• Properties with up to 400 units and $5million to $50million in total acquisition costs. We will, however, look at deals outside of our general preference, especially in markets where we already have a presence.
• Properties located in primary and secondary markets
• 1980’s or newer construction preferred
• Properties located close to employment centers and with strong educational infrastructures and a good demographic profile in the surrounding areas.
• Value-add or rehabilitation opportunities
• Properties being sold on an all-cash basis or with assumable financing

*These guidelines represent general parameters. Please contact our acquisitions team directly to discuss potential acquisition opportunities.