LONG BEACH, Calif.--(BUSINESS WIRE)--Beach Front Property Management, Inc. (“Beach Front”), a premier third-party property management service provider, reported today its 2015 results with an increase of 15% in units under management to 5,207 on top of a 24% rise in 2014. The 17-year-old firm continues its growth trajectory in 2016 with another 4% rise in the first two months alone.
Beach Front is directed by Founder and CEO Kyle Kazan, who is known for his ability to transform distressed, multi-family unit properties into high-occupancy buildings with increased pride-of-ownership and above-market rates. The current occupancy rate on the units Beach Front manages is close to 98%, not only because of the high demand in housing in Southern California but also because the units themselves have been properly attuned to support a sense of community.
“I’m extremely proud of the way our team performed in the past year,” Kazan stated. “We’ve attracted many repeat clients and also many new ones as our reputation continues to grow. Our staff has needed to increase proportionately, as well, and we’ve seen a nearly 13% jump in the past 12 months. I would not be surprised to see that number repeated in 2017.”
Beach Front has built a reputation for helping owners and brokers with troubled properties to transform them into highly rentable spaces. Kazan’s background as a police officer and firsthand experience with gangs, drugs and related issues has been invaluable in assessing tenants, working to move gangs out of properties, and recognizing what is needed to turn properties into above-average rentable units. For these reasons and the quality of the Beach Front personnel, many clients trust Beach Front with additional properties to manage.
From Beach Front’s client growth, Kazan perceives that the rental market is “on fire” in Southern California.
“This strong market gives landlords opportunities to upgrade their properties and increase their rental tiers,” Kazan pointed out. “In turn, these improvements will better position and effectively protect these properties when the next downturn arrives.”
About Beach Front Property Management, Inc.
Beach Front Property Management, Inc. was founded in 1999 to provide quality third party, property management services. The company manages more than 5,428 units in apartment communities and commercial buildings, primarily in Southern California. Every client is assigned a regional property supervisor to provide a superior level of personalized service. Beach Front believes that complete dedication to residents creates longevity and stable communities. For more information, please visit BeachFrontPropertyManagement.com.