FOURMIDABLE assumes management of over 900 multi-family units in Southeastern Michigan

News provided by

Oct 18, 2016, 01:59 ET

BINGHAM FARMS, Mich., Oct. 18, 2016 /PRNewswire-USNewswire/ -- FOURMIDABLE, a national real estate management and brokerage company, has been designated as the managing agent at four multi-family apartments in Southeastern Michigan.

Loop Investments, LLC, which purchased three market rate communities in Southeastern Michigan, has awarded FOURMIDABLE the management contract for:

FOURMIDABLE, a national real estate management and brokerage company, has been designated as the managing agent at four multi-family apartments totaling more than 900 units in Southeastern Michigan. Among them is Providence Tower, a 241-unit, mid-rise building in the city of Southfield, Michigan.

—Country Meadows, a 267-unit apartment community in Ypsilanti
—Providence Tower, a 241-unit mid-rise building in the city of Southfield; and
—Water's Edge Apartments, a 192-unit community in South Lyon, for which FOURMIDABLE Real Estate Services participated in the brokerage.

There are plans in place to improve the quality of product and services offered at these communities and their current and future residents. Planned enhancements include upgrades to the apartment units and building common areas. Additional improvements will be directed toward community landscaping, parking areas and carports, as well as the efficiency of mechanical systems.

"We are now managing seven communities in Southeast Michigan for Loop Investments LLC and we could not be more pleased to continue our ongoing partnership with them," said FOURMIDABLE President Michael Schocker. "Loop Investments, LLC is committed to the improvement of these properties and the residents it serves."

FOURMIDABLE is pleased to announce that they have also been appointed as the management agent for Woodland Heights; their second contract with the Pontiac Housing Commission. Woodland Heights is a public housing community consisting of 187 high-rise units and 21 scattered homes in Pontiac, Michigan.

"We are honored to once again partner with the Pontiac Housing Commission," said FOURMIDABLE Chief Executive Officer, Jeri Hays. "Our company brings over 41 years of property management experience and quality services to the table, which we believe will add value to the lives of the Woodland Heights residents. FOURMIDABLE is the largest private manager of Public Housing in Michigan. We currently manage 2,582 total units representing Detroit, Lincoln Park, New Haven, Niles, Pontiac, Romulus, Royal Oak Township and Sterling Heights Housing Commissions."

About FOURMIDABLE
FOURMIDABLE is a national real estate management and brokerage company that specializes in managing, marketing and leasing market rate, tax credit, senior and family government assisted, public housing and rural development apartment communities. Founded in 1975, FOURMIDABLE currently manages 87 communities in ten states, with more than 8,869 units under management. FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) and is an approved management firm for HUD, MSHDA and other State Agencies. Additionally, FOURMIDABLE affiliated companies offer support for property management companies and owners, including agility-pm, a provider of back office accounting, HR, IT and compliance support; eCrosstown, a provider of free WiFi amenity services to apartment residents; ePhonz, a specialized telephone product for apartment management companies and Geeked Apartments, which provides smart devices to each residents' apartment.

For more information, please call 248-593-4634 or visit www.fourmidable.com.

CONTACT: Michael Schocker, President
248-593-4634
Sue Voyles, Logos Communications
734-667-2005

Photo - http://photos.prnewswire.com/prnh/20161018/429952

SOURCE FOURMIDABLE