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Ann Arbor, MI Condominium Development “One To Watch”

June 14th, 2015 No comments

Montgomery Houze Ann Arbor MI - Barbat Holdings

MLive.com has listed The Residence @ Montgomery Houze as one of the top 12 developments to watch in downtown Ann Arbor, Michigan.

About The Residence @ Montgomery Houze – Ann Arbor, MI

The Residence @ Montgomery Houze truly offers its residents an enriching urban lifestyle nestled in the Heart of Downtown Ann Arbor. Residents can enjoy within a moments walk the delicious restaurants on Main St., catch a concert in Kerrytown, view a new Indie film at the Michigan Theatre, or go shopping at one of the posh stores along Liberty & State St. Montgomery Houze is surrounded by the thriving Ann Arbor cultural scene that no other Michigan city offers.

Features of the property include:

  • Unique building design with Historical and Modern elements.
  • Unobstructed views of Ann Arbor from selected units.
  • 6th Floor Residential Terrace for residents and their guests.
  • Green Roof.
  • Ceiling heights of 9-15 feet.
  • Massive windows in a variety of floor plans.
  • Creative window placement to allow flow of natural light.
  • Most residences have a patio, balcony or terrace overlooking downtown.
  • Secured residential elevator.
  • Thirty sophisticated residential floor plans.
  • Parking at owner’s cost at designated City of Ann Arbor parking structure.
  • Residential bike room.
  • Secured resident drop-off area to manage grocery delivery.
  • Four Retail Spaces – Two currently occupied by Bandito’s & Ann Arbor Comedy Club.

View The Complete Article at MLive.com >>>

Joe Barbat on The Benefits of Active Property Management

June 9th, 2011 Comments off

Joe Barbat Founder of Wireless ToyzCommercial property managers are constantly seeking ways to streamline their operations without having to sacrifice the quality of their services.

Active property management can provide benefits such as:

  • a stable and more satisfied tenant base
  • lower maintenance and repair costs
  • improved property values
  • improved safety for tenants
  • greater piece of mind

By being an active property manager, new and innovating opportunities can come to light.  For example, during the recent economic downturn some property managers and landlords have turned to non-direct monetary solutions to assist struggling yet responsible tenants.  By doing so, they are able to mitigate vacancy rates in their properties and sustain a strong reputation for being able to work with a tenant during tenuous times.

Another technique that forwarding thinking property managers can utilize is to work with tenants to develop standard operating procedures designed to reduce energy and maintenance costs and other areas not usually monitored.

About Joe Barbat

Joe Barbat has extensive experience in the Property Management and Investment sector.  His firm, Barbat Holdings, LLC, is a full service property management company for both commercial retail properties and office buildings with a specialization in turn-around investment properties and new developments.

Joe Barbat Hiring the Right Property Management Firm

June 9th, 2011 Comments off
Joe Barbat - CEO of Wireless Toyz

Joe Barbat on how to hire the right property management firm.

When seeking out the services of a property management firm there are several areas that should be evaluated in order to determine the right one for your business or franchisee.

Characteristics that you should look for are:

  • routine property inspections
  • strong customer service
  • strong financial reporting
  • aggressive monthly collection
  • An organized and dedicated approach to business.

Specific examples of services that should be performed on a regular basis are:

  • Execution of Lease Agreements:  preparation of lease agreements for tenants.
  • Regular Property Inspections:  ensuring that the property under management always looks its best.
  • Schedule repairs and maintenance as needed: any property related issues are should be immediately scheduled and addressed.
  • Accounting and year end reports: monthly and yearly statements are immediately available upon request.
  • Monthly financial reporting: easy to read and understand financial reporting.
  • Collections: diligently request payments to be made in a timely manner.
  • Evictions: the ability to process eviction based upon defaults in payment or failure to abide by lease terms.

Joe Barbat has extensive experience in the Property Management and Investment sector.  His firm, Barbat Holdings, LLC, is a full service property management company for both commercial retail properties and office buildings with a specialization in turn-around investment properties and new developments.