Lockwood Management

Lockwood Management, L.L.C., a Michigan Limited Liability Company was established in May of 2000. At that time, our young management company was tasked with overseeing six communities. Our business has grown and to date, we currently manage over 4,300 apartment homes in 30 diverse communities that include both family and senior housing. We have a strong presence in the Southeast Michigan property management services market and all but two of the communities we manage are located in Michigan. Our reputation as a great builder and real estate developer has helped us gain recognition, respect and continued opportunity to provide professional property management services. Lockwood Management is a full service property management company. Our staffing model differs from most of our competitors in that our Area and Regional Managers have much smaller portfolios of properties. We have designed our company to operate with an optimum of 8 properties per Regional Manager, with room for each to temporarily oversee up to 10. With our typical competitor assigning 15 and sometimes 20 properties per Regional Manager (or Vice President as some are titled), we are able to provide a greater level of experienced, professional management to each of the communities we manage. Currently our Area and Regional Managers have an average of 5 properties in their portfolios so we are well placed to assume management of more properties. Similarly our Property Accountants have unused capacity and are excited at the prospect of taking on more properties. With our history of training and promoting from within our ranks for both operations and support staff, we have a ready supply of industry experienced operations and support associates allowing us to meet the needs our not only our current customer base, but giving us significant capacity for additional growth. Accordingly, we can readily and efficiently service this contract with our current organizational structure, and the existing community staff. Our management style is "hands on," devoting approximately half of our time to on-site coaching of our property associates. Our long-term philosophy encourages three areas of focus which are our company's core values.