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Title: Parc Residential Properties, Inc', headquartered in Birmingham, Alabama, has specialized in the mana


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Parc Residential Properties, Inc., headquartered
in Birmingham, Alabama, has specialized in the
management of multifamily properties for more
than two decades. We have successfully managed
more than 8,000 apartment homes and for-rent
condominiums across the southeastern and
southwestern United States. Our ability to
enhance and safeguard the value of each asset
through professional property management is the
cornerstone of our success. By forming an
alliance with each owner, we will work together
to develop a specific strategy for your asset to
ensure its success. Parc Residential Properties,
Inc., and its management team will bring the
skills, training and tools essential to the
success of your residential community.  With an
emphasis on resident service and satisfaction, we
offer progressive training programs, competitive
market research and analysis, proactive human
resources support, innovative marketing and the
industrys most comprehensive management
software. Parc Residential Properties, Inc. will
bring its trusted reputation to your community
and deliver our Total Service Lifestyle to each
residents door.
City Plaza, Houston, Texas
3
Meet Our Team of Professionals
Third Party Management
Parc Residential Properties will bring the
skills, training and tools essential to the
success of your residential community.
Jack Fiorella Owner
Carol A. Bohn President
Linda S. Geiss SVP Research Marketing
Paula Filippone Director Human Resources
4
Third Party Management
Parc Residential Properties forms an alliance
with each owner to develop a strategy to enhance
and safeguard the value of each asset.
We know what is important to the owner.
  • Full-Service Property Management
  • Due Diligence and Comparative Market Studies
  • Customized Marketing Programs for each property
  • Lease-up Management
  • Resident Retention Management
  • Human Resource Services
  • Recruiting and Training
  • Payroll and Benefit Administration
  • Employee Relations
  • Budgeting and Reporting
  • Property Accounting Software (One-Site)
  • Financial and Operating Analysis

5
Total Service Lifestyle
Parc Residential Properties Total Service
Lifestyle commitment emphasizes resident
service, satisfaction and retention.
6
Management Services
Accounting Services
  • Parc Residential Properties
  • core Team Values include
  • Operating within performance-based
  • culture
  • Recruiting
  • the right people
  • Providing
  • formalized Training
  • Competitive Benefits
  • to encourage Long-Term employment
  • Honesty, Integrity Commitment
  • Ensuring
  • Resident Satisfaction

Parc Residential Properties provides timely and
accurate financial reporting. Key areas of
responsibility include
Property Accounting Budgeting and
Reporting Financial and Operating Analysis
Accounts Payable and Receivable Payroll
Administration
Property Accounting Software (One-Site)
Web-Based Property Management Software
Modules include Accounts
Payable/Receivable Leasing Credit Criminal
Background Checks Maintenance Requests
Historical Data Resident Demographics Resident
History Check Scanners for efficient payment
processing Budget Control
7
Successful implementation of Team Values delivers
Results Effective Rental Rate growth Maintaini
ng optimal Physical Occupancy Net Operating
Income growth Leasing Consultant
excellence Diligent expense Control
We continually work to decrease the
administrative costs of Human Resources and
payroll services by reducing turnover and
instituting regular training programs.
Training and Development
  • Your management, leasing and maintenance
  • staff will attend our in-house property
    management training.
  • Training includes
  • One-Site property management software
  • Fair Housing laws and regulations
  • Telephone and On-Site Qualifying
  • Property Tours
  • The Art of Closing and Follow Up
  • Resident Service and Retention
  • Marketing
  • Continuing education provided through
  • ? Local and national apartment
    associations
  • ? www.GraceHill.com

.Parc Residential Properties understands that
exceptional property performance starts with
hiring the right staff and providing continued
training and support Joe Clifton Owner
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Management Services
Due Diligence
Preliminary Analysis with final Due Diligence
report to Owner includes Inspection of
property and walk units Review the unit mix
and rental schedule Examine previous and
current year operating statements Review
the lease and all addendums Analyze current
budget and consider revisions Evaluate
marketing for its effectiveness Review all
service contracts and consider cost saving
possibilities such as ?
Insurance Evaluation ? Ad Valorem Tax
review and protest, if necessary Perform
Market Study for initial assessment of property
and market Evaluate
the staffing needs, training and review
personnel costs
... Parc Residential Properties keeps us well
informed of market and submarket conditions. They
are well aware of their competitors, allowing
them to be proactive in leasing and management of
the property Jeffrey Shumaker CMS
Companies Asset Manager
Comparative Market Studies
In depth market analysis guides the Acquisition
and Disposition decisions for each asset. We
will identify the strength of the multifamily
fundamentals within your market by studying
historical, current and forecasted trends.
Analysis includes Demographic analysis
Submarket occupancy Supply and demand,
including forecasted construction deliveries
Employment growth In-depth analysis of
submarkets Proximity to entertainment,
retail and major employers
9
...Parc Residential Properties ability to give
you the Owners Perspective of property
management sets them apart from most companies.
While small enough to deliver individual service,
they bring a wealth of knowledge and expertise to
their clients front door. Mike
Prior Protective Life Corporate Vice
President, Investments
Communications with Owner - Reporting
Owners will receive the following reports on a
monthly basis Operating Statement Balance
Sheet showing Cash Accounts Narrative Owners
Report Additional information or more frequent
communications is available as needed, for
example Conference calls to
review operating results
Meetings to assess progress
Annual budget preparation with quarterly reviews
10
Advisory Services
Working with Parc Residential Properties, Inc.
also provides an association with Equity
Resources, LLC
Enjoy the benefit of Advisory Services from one
of the largest privately owned real estate
investment companies in the southeast. Founded
in 1976, Equity Resources, LLC is extremely
knowledgeable and experienced in asset
acquisition and development. Equity Resources
has owned and managed a variety of multifamily
assets including Class A, A, B and C properties.
In addition, we have extensive experience in
ground-up construction and rehab projects that
involved lease-up and re-branding of the
properties. We offer construction analysis and
coordination through our relationships with
general contractors such as Hoar Construction and
Doster Construction Company. Finally, we have
an extensive network of relationships with
lenders, investors, brokers and merchant builders
that we can leverage into profitable
relationships for you. Let us open doors for
you.
...When we list a Parc Residential-managed
property, the condition of the property and the
professionalism of the on-site and home office
teams are always top notch, making our work much
easier David Wylie Apartment Realty
Advisors/Central Region Principal
11
Parc Residential Properties, Inc. and its
associates have experience in multiple
states Florida Georgia
Alabama Tennessee Texas
Mississippi North Carolina
South Carolina Virginia
Oklahoma Missouri Nevada
Towne Place Orlando, Florida
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3800 Corporate Woods Drive Birmingham, Alabama
35242 205.969.2150 Fax 205.977.6025 www.parcreside
ntialproperties.com
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