JAE Properties, Inc

Description

JAE PROPERTIES, Incorporated has successfully managed over 2,000 units of family, elderly and cooperative housing over the past two decades. As specialists in the management of low and moderate income rental properties, JAE has developed cost-effective systems for maintaining the physical and financial integrity of residential housing projects, including initial occupancy procedures, staffing/training, financial reporting and resident-owner-management relations. Property management is the cornerstone of the services of JAE Properties. A significant portion of the management inventory of JAE Properties was merged into the 2,300 rental unit inventory of Gateway Property Management Company which was sold by JAE PROPERTIES, Incorporated This Bay Area company is successfully managing units in eight states by utilizing techniques which have evolved in part from JAE's previous housing management experience. JAE served as the property manager of EC Reems Gardens, a 120 unit rehabilitation of an existing 140 unit property. The property was converted to a Low Income Housing Tax Creidt project in January 1997. JAE performed the initial lease up and certification of the residents and provided management through to occupancy stabilization, for a total of 38 months.

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