Traditions Investor Package
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MANAGEMENT TEAM
FIRST COMMUNITIES - PROPERTY MANAGEMENT COMPANY
First Communities Management (FCM) is one of the nation’s most successful apartment management companies. Founded in 1978, FCM has managed over 200,000
units and 1,000 communities, worth over $1B in assets. First Communities market reach has grown to include some of the industry’s most exciting submarkets
including Texas, Florida, Georgia, Washington, DC, South Carolina, and more.
First Communities diverse client family includes national banks, insurance and pension funds, syndicators, individual investors, HUD, FDIC, Freddie Mac, and Fannie
Mae. They are widely recognized as a market leader in the property management of Class A, B, C and Tax Credit communities. They are experienced managers in both
core, core-plus and value add multifamily properties.
The company maximizes growth in Net Operating Income through occupancy gains, elimination of concessions, improving resident retention rates and being vigilant
with rental rates. They are experts in implementing value add plans in class B/C multifamily properties across the U.S.