by Nicole Scimio | Jun 21, 2023 | Blog, Project Based Section 8 Housing, Uncategorized
Stoneboro, PA – Arbors Management continues to expand their reach by adding Lakeview Manor in Stoneboro, PA to their portfolio. Effective June 1st, Arbors will become the new management agent of the 50-unit senior building near their new office in Grove City and other Arbors-managed properties, such as Evergreen Arbors in Franklin and Towne Towers in Oil City.
Lakeview Manor is an affordable independent senior living facility that offers a wonderful community of residents and has been a staple of the community for 36 years since its construction in 1987. Located near Lake Wilhelm, Goddard State Park, the Stoneboro Fairgrounds, Grove City Outlet Mall, and Conneaut Lake, residents have plenty to do just minutes from the property.
Since 1982, Arbors Management, Inc. has built a portfolio of over 4,000 residential units with a large majority in the affordable housing segment across Western PA and West Virginia, and it continues to grow each year. The team at Arbors Management is thrilled to begin building a lasting relationship with the residents of Lakeview Manor.
If you’d like to learn more about how Arbors can help you manage your property, please contact us.
Read the original article online on the Pittsburgh Business Times here.
by Nicole Scimio | Jun 20, 2023 | Press Releases, Uncategorized
Arbors Real Estate (ARE) team from left to right: Nicholas Griffith, Vice President – Christopher Wagner, President – Eric Miles, Secretary/Treasurer
Pittsburgh, PA – With over 40 years of experience in managing, owning, and operating investment properties in Western Pennsylvania and West Virginia, Arbors Management is announcing their expansion into the real estate sales market with the launch of Arbors Real Estate (ARE). Arbors Real Estate will focus on both sellers and buyers of investment properties with the goal of providing sound guidance every step of the way for their clients.
“I am extremely excited to get Arbors Real Estate off the ground,” says Nick Griffith, Vice President of ARE and Director of Scattered Site Housing at Arbors Management. “Previously, we’ve strictly been focused on property management and over the last 5 years we’ve noticed a real need in the industry for a ‘one stop shop’ where an investor can purchase a rental property, potentially renovate it, rent it out, manage it, and cash flow. That’s where our expertise comes in. Investors’ needs are different from owner occupants and we get that.“
The team at ARE will be keeping up-to-date with current market trends and opportunities while providing responsive and professional support, expertise, and all the tools needed to allow investors to make well-informed decisions and to get the best possible return on their investment. Arbors Management has seen ample growth this past year in management and is thrilled to serve current and future clients through the formation of Arbors Real Estate.
If you are looking to sell or buy an investment property, contact us at Arbors Real Estate today!
by Nicole Scimio | Feb 26, 2023 | Blog, Press Releases, Uncategorized
Grove City, PA – Arbors Management, Inc. is excited to announce their partnership with Bevan Properties and growth into a new territory: Grove City, PA. With this partnership, Arbors Management, Inc. will have become the management agent of over 200 Bevan Properties units in Grove City beginning February 16th, 2023.
Bevan Properties is a well-known, reputable housing provider in the Grove City area; Arbors Management looks forward to continuing Bevan’s work in providing the utmost quality of management services, customer service, and care for their current and future residents.
If you’re in the Grove City area in need of a trusted property management company, contact us today.
Read the original article online on The Pittsburgh Business Times here.
by Arbors Management, Inc. | Feb 24, 2023 | Blog, Property Management Education
By: Nick Griffith & Nicole Fandel, Director of Conventional Housing and Marketing Specialist
Should I Allow Pets in My Pittsburgh Rental Property?
Many Pittsburgh rental property owners want to know if they should allow pets into their homes or if they should avoid them.
Whether you’re a pet lover or not, there are a lot of pros and cons to discuss when it comes to welcoming pets into your rental property.
Pro-Pets: Resident Pool and Pricing
The main benefit of allowing pets is that you’ll get a larger pool of potential residents interested in your home.
When pet owners have access to your property, you’ll get a larger selection of applicants and a bigger audience of people who want to see your property and lease it.
Today, it seems like almost everyone has a cat or a dog or a hamster that they cherish – pets are part of the family. So, it’s ultimately easier to rent out your home when you decide to allow pets.
Another pro of allowing pets in your rental property is additional revenue.
You’ll have the ability to charge pet rent in addition to the rent your resident pays. People are very attached to their animals, and they’ll be willing to pay a little more to have them in the property.
You can reap those benefits when you allow pets and charge a little more each month to cover potential additional wear and tear.
Can I Charge a Pet Deposit?
Owners will often want to know if they can charge a pet deposit in addition to the security deposit when they allow pets.
In Pennsylvania, the law says that we can only charge a security deposit that’s the equivalent of one month’s rent. So, we don’t typically charge an additional pet deposit because a deposit has to be returned to the residents.
Instead, we charge the pet rent, which generates additional income for our owners every month.
Avoiding Pets: Potential for Damage
The biggest reason that property owners prefer to avoid pets is that there’s a potential for property damage.
We’ve all heard the horror stories: pets might pee on the floors, scratch the carpet, and chew up the baseboards. They can make messes.
Yes, these things can happen; but generally, pets are often well-trained and well-behaved.
If your residents take care of their pets and the property, you won’t have any unnecessary damage.
However, there’s no guarantee. When you’re screening residents and deciding whether or not to accept a pet, you have to consider the animal’s breed, size, and weight.
Consider the applicant as well. You’ll need to determine whether that applicant is a responsible pet owner who can truly care for the animal as well as your property.
Service and Support Animals
Another hot topic is the rise of service animals and emotional support therapy animals.
These are animals that are coming into the property to help the resident perform daily tasks, or help them emotionally through their daily lives.
If a resident has a service or support animal, we cannot discriminate against those animals, even if there’s a strict no-pet policy in place.
To protect your property, we will always ensure the appropriate documentation and supporting medical notes are in place to verify a service animal or an emotional support animal. We don’t want residents to try and skirt the rules, or put our owners in an unfavorable position.
In Conclusion: Pets or No Pets?
Ultimately, the decision to allow pets is up to you, the owner.
Whether you choose to allow pets or not, we have policies, procedures, and documents that ensure that we are compliant with the laws.
We’ll charge your residents an appropriate amount for the added benefit of moving in with their furry friends, and make sure your property is protected.
If you have any questions about pets, or anything at all pertaining to your Pittsburgh rental property, please contact us and we’d be more than happy to help.
by Nicole Scimio | Dec 12, 2022 | Press Releases
DELMONT, PA – Arbors Management would like to announce the recent management of Valley Stream apartments in Delmont, PA. This is the fourth acquisition of management of a large housing complex for Arbors in 2022 alone; it is clear that business is not slowing down any time soon and the team at Arbors is thrilled to add this property to their portfolio.
Located in Delmont, PA and originally constructed in 1971, Valley Stream Apartments is a community of 7 buildings consisting of 66 market-rate units and 88 Section 8 units. The property has 112 one-bedroom apartments and 42 two-bedroom apartments, totaling 154 units.
Under new ownership and management, the property will receive nearly 2 million dollars in upgrades over the next twelve months. This will include many updated kitchens, bathrooms, flooring, along with new roofs, asphalt, heating systems, and much more.
Within just a few miles of Valley Stream, you’ll find spots like Pedora Park, Kovalczik Park, and the Westmoreland Heritage Trail. Valley Stream is in Franklin Regional School District and is just minutes from Routes 22 and 66, providing residents with easy access to grocery stores, gas stations, convenience stores, and more.
Since 1982, Arbors Management, Inc. has built a portfolio of over 4,000 residential units with a large majority in the affordable housing segment across Western PA and West Virginia, and it continues to grow each year. Everyone at Arbors Management is looking forward to making Valley Stream a fantastic community to call home!
If you’d like to learn more about how Arbors can help you manage your property, please contact us.
Read the article online in the Pittsburgh Business Times here.
Another hot topic is the rise of service animals and emotional support therapy animals.
