Royal Property Management Group
As the managing agent, we are responsible for HUD compliance and serve as the liaison between the ownership entity and HUD. We attend all board meetings, prepare Section 8 contract renewals, prepare annual operating budgets, submit all monthly financial reports, prepare Useful Life Analysis, ensure Fair Housing Compliance, coordinate REAC Inspections, attend Management & Occupancy Reviews (MOR's), submit Budged Based and OCAF rent increases and Reserve for Replacement withdrawals. For our affordable housing portfolio, we pride ourselves in providing full service asset management for our owners. In this capacity, we have been instrumental in refinancing loans, coordinated major rehabilitation projects, participated in converting buildings into Tax Credit sites and applied for federal service coordinator grants on behalf of our clients for all of our senior buildings. Many of our sites offer transportation services, computer learning centers, ESL classes, food distribution, exercise classes, case management, arts & crafts and monthly socials. In addition, we have added for profit management to our portfolio as well as commercial sites. Our Mission
About Royal Property Management Group
Estimated Revenue
$10M-$50MEmployees
11-50Funding / Mkt. Cap
$350KCategory
Sector
Real Estate Agents and ManagersIndustry Group
Real Estate Agents and ManagersIndustry
Real EstateLocation
City
San DiegoState
CaliforniaCountry
United StatesRoyal Property Management Group
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