Fairgrove Property Management

Meet Korbin Duley, Fairgrove’s Director of Business Development. Korbin spearheads all of Fairgrove’s marketing and communication efforts. Korbin has been instrumental in helping Fairgrove grow its brand awareness, strengthen brand loyalty, and identify new Southern California business opportunities. Under his leadership, Fairgrove has scaled to over 5,000 units in five regions through a combination of organic and acquisition growth. Before joining Fairgrove, Korbin worked at The Bascom Group, where he assisted with over $1B in multifamily acquisition pursuits. He also previously served as Partner at Redwood West overseeing the company’s Transaction Specialist Group. #propertymanagement #employeespotlight

Although providing a great resident experience is the core of who we are, we will always be grateful to receive glowing reviews like these from our residents! #californiamultifamily #propertymanagement

Overwhelmed by all the PropTech options? In our last blog in our 3-part series on dealing with expense inflation, we help you comb through the forest of options and choose the right ones, so you can maximize your efficiency and provide an A+ resident experience. Click here to read: https://lnkd.in/e8p3qgCu #proptech #californiamultifamily

Part 2 of our series on dealing with expense inflation for multifamily property owners is live. Focused on revenue optimization — we dive into how multifamily owners can protect and grow their business through offsetting rising expenses by maximizing the value of your properties. Click here to read: https://lnkd.in/eW_gXbDJ #propertymanagement #californiarealestate

Meet Nicki Slade, Regional Director of San Diego at Fairgrove. Nicki is responsible for overseeing the management of a portfolio of over 3,300 properties across San Diego County. Her 30+ years of property management experience and prior roles as onsite manager, property manager and leasing supervisor, help her to seamlessly execute her position. Throughout her career, Nicki has been known as a self-starter, and for creative problem-solving and a commitment to service excellence for her residents, team, and owners. #employeespotlight #realestateinvestment

Part 2 of our series on dealing with expense inflation for multifamily property owners is live. Focused on revenue optimization — we dive into how multifamily owners can protect and grow their business through offsetting rising expenses by maximizing the value of your properties. Click here to read: https://lnkd.in/eiQTHUhP #propertymanagement #californiarealestate

Despite some economic headwinds, Southern California remains a very strong market for multifamily. The combination of a dense population, high economic output, and housing supply constraints means that risk-adjusted returns for multifamily real estate will remain strong for the foreseeable future. #multifamily #californiapropertymanagement

At Fairgrove, the safety of our residents and employees is a top priority. Our SD technicians completed an intensive EPA training program and now are up-to-date on EPA regulations and safety protocol. We are thrilled to see our team continue to grow and excel in everything they do.

California rental property owners have been hit hard with expense inflation from all sides. In Southern California, aggregate operating expenses were up 7.1% in calendar year 2023 alone. You can see a breakdown of where these increases came from in the accompanying graphic. This is a serious issue, but as a property owner, you can mitigate these cost increases by optimizing a handful of key areas in your business. Stay on the lookout for our three-part series on dealing with expense inflation, which we’ll be releasing soon. We take a deep dive into exactly what you can do to maintain a thriving multifamily business even amidst inflationary pressures. #inflation #californiamultifamily

A heartfelt thank you to everyone who joined us for our inaugural Fairgrove Multifamily Forum! It was an incredible event filled with insightful discussions and valuable takeaways. Our CEO and President, Marco Vartanian, spoke on the factors shaping the current state of the market and the headwinds property owners can expect to face in the remaining months of 2024. Marco's emphasis on "going back to the basics" resonated deeply, highlighting the need to adjust strategies across all business areas for enhanced returns. Marco also explored the critical role of proptech and underscored the importance of leveraging high-quality data in light of the growing AI industry. Our CFO, Brian Payne's facilitation of the panel and lightning rounds were a hit! His skillful moderation ensured that our guest speakers had the opportunity to share their expertise and engage in meaningful dialogue. Lastly, a huge appreciation to our guest speakers Marc I., Michael Derk, Rob Quarton and Mark Shoemaker for sharing their valuable insights and enriching our discussions. Missed the event? Follow Fairgrove Property Management for details on upcoming events.