Fourmidable Property Management

Fourmidable Property Management – BINGHAM FARMS, Mich. , April 12, 2017 /-USNewswire/ — FOURMIDABLE, a national real estate management and brokerage firm, is pleased to announce that it has renewed management agreements with six Michigan public housing commissions.

The renewal contracts are signed after negotiations led by Sabrina Gaddy-Bollinger, FOURMIDABLE’s director of affordable housing.

Fourmidable Property Management

Fourmidable Property Management

FOURMIDABLE, a national real estate management and brokerage firm, is pleased to announce the renewal of management contracts with six public housing commissions in Michigan. Included is a renewal with the Lincoln Park Housing Commission for the Lincoln Park Tower, scattered sites, the Mod Rehab program, and their Housing Choice Voucher program, all of which have been managed by FOURMIDABLE since May 2000. FOURMIDABLE is the largest private manager of public housing. in Michigan.

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The redevelopment with the Detroit Housing Commission (DHC) included Brewster Homes, Harriet Tubman Apartments, State Fair Apartments, Sojourner Truth Apartments and Woodbridge Senior Village. FOURMIDABLE started cooperation with DHC in September 2007 and the renewed contracts represent the possibility of renewing the one-year contract.

Redevelopment with the Lincoln Park Housing Commission included the Lincoln Park Tower, scattered sites, the Mod Rehab program, and their Housing Choice Voucher Program. FOURMIDABLE has been running the programs since May 2000. Lincoln Park Housing renewals are also for one year.

The redevelopment with the New Haven Housing Commission included the Pinewoods Apartments. FOURMIDABLE has been managing this community since September 1996, and the signed contract is up for renewal for two years.

The Niles Housing Commission redevelopment includes 179 apartment buildings and townhouses that have been managed by FOURMIDABLE since September 2015.

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Renewal with the Royal Oak Township Housing Commission is a two-year term with an additional one-year option. The Royal Oak Township Housing Commission has been a customer of FOURMIDABLE since December 2007.

Finally, the renewal of the Sterling Heights Housing Commission and their Schoenherr Towers and Housing Choice Voucher program has been completed with a four-year renewal that includes an additional one-year option.

FOURMIDABLE CEO Jeri Hays says, “It’s a privilege to continue our relationships with the various housing commissions.”

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He adds: “We have made it our business to create value for our customers and our expertise in this very important public service sector provides us with this opportunity. We are always privileged to make a positive impact on the lives of our residents. .”

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About FOURMIDABLE FOURMIDABLE is a national real estate management and brokerage company that specializes in managing, marketing and renting market rate, tax credit, senior and family administration supported, public housing and rural development housing communities. Founded in 1975, FOURMIDABLE currently manages 84 communities in 12 states and over 9,100 units. FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) and an approved management company for HUD, MSHDA and other government agencies. In addition, FOURMIDABLE subsidiaries provide support to property management companies and owners, including agility-pm, a provider of back office accounting, HR, IT and compliance support; eCrosstown, which offers free WiFi services to apartment residents; and ePhonz, a specialized phone product for apartment management companies. BINGHAM FARMS, Mich., November 16, 2017 // –FOURMIDABLE, a diversified national property management company specializing in the management of affordable public housing. , a tax credit and housing association, has expanded into Ohio.

FOURMIDABLE has been named manager of five multifamily Section 8, tax credit and public housing communities in Ohio consisting of 395 units, expanding the company’s national portfolio to 13 states. New communities are e.g.

Pendleton Apartments, a 78-unit apartment community in Cincinnati, Ohio, is the latest community to come under FOURMIDABLE’s management. It is a diversified national real estate company specializing in affordable public housing, senior housing, market rate, tax credit and housing communities. The firm was recently named the managing agent for 395 multifamily units in Ohio.

“We currently manage the Miami Hills community in South Bend, Indiana for the ownership group that owns these Ohio communities. We couldn’t be more pleased to continue our ongoing partnership with them as we continue to grow together,” said Michael Schocker, President of FOURMIDABLE. . “The owners are committed to improving these Ohio properties and the residents they serve, which aligns with our company’s mission statement.

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“We are equally excited to begin a new partnership with the Youngstown Metropolitan Housing Authority,” said Schocker. “Communities have two-story programs and are subject to public housing and low-income housing tax credit requirements.”

FOURMIDABLE is a national real estate management and brokerage company that specializes in managing, marketing and renting market rate, tax credit, senior and family administration supported, public housing and rural development housing communities. Founded in 1975, FOURMIDABLE currently manages 88 communities in 13 states and over 9,600 units. FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) and an approved management company for HUD, MSHDA and other government agencies. In addition, FOURMIDABLE subsidiaries provide support to property management companies and owners, including agility-pm, a provider of back office accounting, HR, IT and compliance support; eCrosstown, which offers free WiFi services to apartment residents; and ePhonz, a specialized phone product for apartment management companies. Out of 26 reviews submitted to one verified review site, The Fourmidable Group has an average rating of 1.80 stars. This earns a Rating Score™ of 20.00.

FOURMIDABLE has a long history of excellence and performance in the real estate industry. Our ability to provide our customers with peace of mind and profitability has consistently proven itself since our founding in 1975. We are a versatile, nationwide real estate management company that specializes in managing market prices for public housing communities, seniors and families, as well as state-supported taxation. credit, cooperatives and condominiums and commercial development. Our corporate family has developed, built and/or managed at least 6,000 single-family homes, 20,000 single-family homes, 3,000 hotel suites and over three million square feet of retail/office space. Our goal is to maximize and protect our customers’ assets with efficient property management. This goal has been realized for more than 250 properties since the company was founded. FOURMIDABLE prides itself on the breadth and depth of our experience. Our achievements have been achieved by demonstrating a high level of professionalism, responsibility and honesty.

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Top Rated Local® is built on five pillars of customer experience, created to empower both businesses and consumers. Capturing the overall customer experience is unlike anything else on the market. Conditions at The Villages at Parkside, at the intersection of East Warren Avenue and Conner Street, are harsh. The units in the villages have boarded up windows and doors. The village closest to Dickerson Avenue and Frankfort Street is nearly empty. Photo: Rukiya Colvin

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Detroit’s Parkside Homes was the first federally funded public housing project in Michigan and Detroit when it opened in the 1930s. At that time it was only available to white residents. (Brewster-Douglass was the first federally funded housing available to black residents.)

Today, most of the 276 apartments in the development, called The Villages at Parkside, are vacant or in poor condition, despite the need for affordable housing in the city. The apartments in the villages are very affordable, and they are rented at amounts based on 30% of the tenant’s income. They are reserved for people who qualify for low- or moderate-income public housing.

Last year, the Detroit Housing Commission (DHC) announced plans to take over the struggling complex from its private owners in order to renovate it. The future of the villages looked bright for the first time in decades.

I started writing this article thinking I would find a story of enthusiastic residents and the revitalization of Michigan’s oldest apartment complex. But with some fact-checking and an evasive DHC, I discovered something else.

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DHC has said it will now take full ownership of the complex, but its statements about its previous stake in the project have been misleading. In public meetings and statements, it gave up from the 1990s simply through public funding. But DHC has been the principal member of Parkside for decades, along with PH Venture Partners, a private firm, according to records in the Deeds Registry.

DHC said it will retain the same property management company that oversaw the Villages’ decline in recent years. DHC’s own governance history has been spotty — the commission went into federal receivership in 2005, in part because of poor maintenance of its properties.

For weeks, I tried to get DHC representatives to talk on the record about its ownership history and plans for the complex.

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When my initial inquiries went unanswered, I visited DHC’s Jefferson Avenue office and waited at the employee entrance for a few minutes before someone greeted me. Their offices are currently closed to the public and the phone number they provide will send an automated message to the caller.

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I also went through traditional media channels, and despite multiple interview requests or comments over several weeks from DHC Director General Sandra Henriquez, the commission responded by email after The Digi’s deadline, but did not answer my questions.

Conditions in the complex, at

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Halo, Saya adalah penulis artikel dengan judul Fourmidable Property Management yang dipublish pada October 26, 2022 di website Smallcave

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