Value-Add Visions
While newly constructed apartment communities may grab more headlines, existing rental properties are equally attractive to many multifamily firms, including a number of Taylor Johnson clients
with proven track records in value-add renovations. Knowing their decades of experience would make for a timely thought leadership piece, we pitched a Q&A column to Multifamily Executive about best practices for repositioning communities large and small. Read more from Draper and Kramer, Incorporated; Kass Management Services; Evergreen Real Estate Group; and The Habitat Company to learn everything from renovation projects with the best ROI to the biggest challenges of implementing a capital improvement program.
As part of its renovation of The Clayson, an apartment community in Palatine, Ill., Draper and Kramer added modern kitchens with white shaker-style cabinets, granite countertops and stainless steel appliances.