Driving Value through Best-in-Class Operations

When SSRE acquired Saticoy Apartments in 2007, it was a run-down asset with tired units, unhappy tenants, neglected landscaping, and an apathetic outsourced property manager known for its maniacal focus on operations. SSRE immediately assumed control of overall day-to-day operations through its internal property management company and has implemented key changes such as improving daily maintenance, switching key vendors, renovating units, and upgrading the building’s communal areas. As part of its hands-on approach to operations, our management team is known for its frequent property walks and attention to detail, ensuring that the building’s appearance is pristine and not a single blade of grass is out of place.  The operational improvements have paid off, with NOI more than tripling since 2007!