In the industry, it’s called rehabilitation. At Flaherty & Collins Properties, we prefer to call it “transformation.” The difference lies not only in our more than 70 years’ experience and 8,000 units we've rehabbed, but also in our fundamentally superior approach to the rehabilitation process.

Actually, when it comes right down to it, doing the renovation work is the easy part. The hard part is determining the most effective way to spend your marketing and construction dollars to maximize return on the investment. So we begin by assessing the property’s needs and developing a repositioning plan that addresses those needs, always taking into account such financial considerations as the draw process, lien waivers, contracts, and net operating income (NOI). We'll provide options based on the rehab issues and available budget, and establish a baseline so we can accurately measure our progress towards the goals set. Then we get to work using the best contractors the market has to offer, monitoring progress and quality every step of the way and ensuring that the project is done on time and within budget.

Lots of companies can do rehab. But if you’re really looking to transform your property and increase your return on investment, call us.

Click below for more information on some of our transformations: