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Gateway Apartments in Florida Added to the BH Roster
Monday, May 13, 2013Press Release
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DES MOINES, Ia. – A 144-unit property in St. Petersburg, Florida came under management of BH Management Services on May 13th, making it the seventh BH managed property in that area. Gateway Apartments is located at 2000 Gandy Boulevard North in Pinellas County, Florida.
The property consists of eleven, one and two-story buildings. The buildings are comprised of 144 one-bedroom/one-bath homes. All the units have central heat and air-conditioning and the buildings sit on a 7.26 acre parcel of land. Amenities include an on-site laundry facility, basketball court, designated boat storage area, picnic area and a pool.
Gateway Apartments sits directly on Gandy Boulevard, a major east/west thoroughfare which mainly consists of major retail and provides direct access into Tampa. The property is located within the Gateway and Carillon Business Districts. According to the Census Bureau statistics, the Gateway and Carillon Business Districts employ more than 90,000 employees.
With the addition of Gateway to the BH Management portfolio, the company now manages 165 properties around the U.S., which consist of over 46,000 managed units.
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BH ACQUIRES MANAGEMENT OF NEW COMMUNITY IN LARGO, FLORIDA
Friday, May 3, 2013Press Release
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DES MOINES, Ia. – BH Management Services, LLC, added Oasis at Bayside Apartments, formerly known as Landmark at Largo Crossing Apartments, in Largo, Florida, to its roster, making it the 165th community the company will manage.
Oasis at Bayside is a 304-unit property, recently renovated and is conveniently located on the north side of Ulmerton Road in Largo, within central Pinellas County. The immediate surrounding area consists of destination retail, restaurants, parks, and numerous employment centers.
The 10.69-acre community provides an array of amenities including a resort-style pool with cabanas and large brick paver sundeck, a newly constructed fitness center building, a multi-use sport court, large laundry center, car-care center, an enclosed dog park, as well as a spacious picnic and barbecue area.
The Property’s well designed floor plans include 144 one-bedroom homes, 128 two-bedroom floorplans and 32 three-bedrooms. Oasis at Bayside has recently undergone a substantial capital improvement program in 2011, which included both interior and exterior renovations.
At BH Management Services, LLC, our philosophy is simple. We strive to provide the highest quality living environment at our apartment communities in order to retain satisfied residents. Whether you are seeking an economical efficiency or a spacious luxury apartment, we can offer you a home that meets your needs combined with quality amenities and customer service that are second to none. BH Management Services, Inc. currently manages communities in: Alabama, Arkansas, Florida, Georgia, Iowa, Illinois, Kansas, Louisiana, Nebraska, North Carolina, Ohio, Oklahoma, Oregon, South Carolina, Texas, Virginia and Wisconsin.
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BH ACQUIRES MANAGEMENT OF BENT TREE APARTMENTS IN SAN ANTIONIO
Friday, April 26, 2013Press Release
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BH ACQUIRES MANAGEMENT OF BENT TREE APARTMENTS IN SAN ANTIONIO
DES MOINES, Ia. – BH Management Services, LLC, added a new community to its management portfolio in the northwest San Antonio area. Bent Tree Apartment Homes, located at 4801 Gus Eckert Lane, became the 161st managed apartment community under the BH name.
Bent Tree features seven open floorplans, built with the most sought after features needed to meet the standards of today’s renter. The community also features several amenities including two pools, two laundry facilities, nicely landscaped grounds, an Internet Café and Billiards room, plus much more available to its residents.
BH will be third-party managing the property for a new client who is looking to expand into major Texas markets.
At BH Management Services, LLC, our philosophy is simple. We strive to provide the highest quality living environment at our apartment communities in order to retain satisfied residents. Whether you are seeking an economical efficiency or a spacious luxury apartment, we can offer you a home that meets your needs combined with quality amenities and customer service that are second to none. BH Management Services, Inc. currently manages communities in: Alabama, Arkansas, Florida, Georgia, Iowa, Illinois, Kansas, Louisiana, Nebraska, North Carolina, Ohio, Oklahoma, Oregon, South Carolina, Texas, Virginia and Wisconsin.
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BH NAMED AMONG TOP 25 LARGEST APARTMENT MANAGERS
Monday, April 15, 2013Press Release
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April 15, 2013
BH NAMED AMONG TOP 25 LARGEST APARTMENT MANAGERS
DES MOINES, Ia. – BH Management Services, LLC, has been named to the Top 25 National Multi-Housing Council’s list of the nation’s largest apartment managers, as of Jan. 1st, 2013. With over 46,000 units under management in 17 states across the U.S., the company ranks as the 21st largest U.S. Apartment Manager in the annual report for the second year running.
The company saw almost a 10% increase in the number of units managed in the last year, and a 20% increase in its portfolio since 2011.
BH Equities, LLC, also ranked 35th in the list of Top 50 Apartment Owners, up from 39th place the previous year.
Based in Washington, DC, NMHC is a national association representing the interests of the larger and most prominent apartment firms in the U.S. NMHC's members are the principal officers of firms engaged in all aspects of the apartment industry, including ownership, development, management, and financing.
At BH Management Services, Inc., our philosophy is simple. We strive to provide the highest quality living environment at our apartment communities in order to retain satisfied residents. Whether you are seeking an economical efficiency or a spacious luxury apartment, we can offer you a home that meets your needs combined with quality amenities and customer service that are second to none. BH Management Services, Inc. currently manages communities in: Alabama, Arkansas, Florida, Georgia, Iowa, Illinois, Kansas, Louisiana, Nebraska, North Carolina, Ohio, Oklahoma, Oregon, South Carolina, Texas, Virginia and Wisconsin.
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Complex formerly known as Honey Tree gets sweet new look
Thursday, August 9, 2012News
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A new owner is giving an aging suburban apartment complex an $3.5 million makeover.
Iowa-based BH Management and an investment group purchased the 388-unit Honey Tree Apartments in the West End for $35.5 million in November and almost immediately began sprucing up the place. They started with the name: BH rechristened the complex Tuckahoe Creek Apartments.
“It was always about 85 to 95 percent occupied, but it was older and definitely needed to be fixed up a bit,” said Mike Baker, BH Management’s East Coast regional vice president.
The 29-acre property is off Forrest Avenue near Three Chopt Road. The renovations are being paid for through investors and rent revenue.
Baker said the upgrades to the apartments, built in 1980, were largely exterior and amenities upgrades, including rehabbing the pool and pool deck and installing a dog park and playground.
“Most of that is in the front so people can see it when they drive by,” Baker said. “That’s the idea behind the name change as well. It’s been Honey Tree for years. Now when people drive by they can see new owners, new management, new name.”
BH also installed heating-coil dryers in the apartments, which meant they had to install vents in all the units.
“We go in and rehab apartments as they are vacated, but we try to stay out of occupied units as much as possible,” Baker said.
Baker said the goal is to bring occupancy up to 95 percent. Right now it’s about 85 percent.
“We want to position ourselves so that when the market picks up we can bring rents up along with it,” he said. “We’re certainly not going to finish up the renovations and say, ‘All right, everybody’s rent is going up $100.’”
Rents at Tuckahoe Creek are $815 for a one-bedroom, $875 for a two-bedroom and $1,070 for a three-bedroom.
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