Expansion part of strategic growth plan for Miami-based property and asset manager
MIAMI (July 14, 2015) – Monument Real Estate Services, one of the country’s most skilled asset and property managers, announced today that it has opened a regional office in Raleigh, N.C., which will help oversee about a quarter of its current portfolio.
MRES manages a portfolio of more than 12,000 units, mainly in markets in the Southwest, Southeast, and Mid-Atlantic regions of the country. The Raleigh regional office will help improve efficiencies for the company’s managed properties throughout North Carolina, Virginia and Maryland.
“As we continue to expand our portfolio with new management assignments, we made it a priority to establish a regional office that would allow us to conveniently and efficiently implement our hands-on approach to serving all our multifamily properties,” said Ginny Decker, Vice President of Property Management for Monument Real Estate Services (MRES). “MRES currently manages more than 1,100 units in the Raleigh/Durham market, and Raleigh is also within proximity to service our communities in the Mid-Atlantic region, so it serves multiple strategic needs.”
The Raleigh regional office is located within Casa de Luna, one of the apartment communities managed by MRES, and is led by Scott Kimbler. Prior to assuming the role of regional manager, Kimbler worked with MRES as a property manager for an apartment community in Charlotte, N.C.
“The multifamily market continues to evolve and offer opportunities for MRES to grow, but our mission remains the same. Our experienced staff takes great pride in maintaining and improving the apartment communities we serve, creating a quality living environment for residents,” added Decker, who has more than 15 years of experience in real estate management with portfolios throughout the Southeast U.S.
MRES is an asset and property manager, and value-add company that offers a full suite of services in the best multifamily markets nationwide. MRES manages properties and assets for sister company Monument Capital Management (MCM), on behalf of the two investment funds MCM directs, as well as the properties and assets of third parties. Miami-based MRES is within the Monument Capital & Asset Management family of companies.