Saturday, November 17, 2012

SMP Now Managing 10,000 Multifamily Units; New Atlanta, GA Firm, Launched Two Years Ago, Expands Portfolio



Cindy Batey
Atlanta, GA – Strategic Management Partners (SMP), which launched just two years ago, is now managing more than 10,000 apartment units across the Southeast and in Texas.

Co-founded by experienced executives Cindy Batey and Angela Smith, the multifamily property management firm specializes in communities where its individualized focus can add value, improve profitability and increase occupancy.

"When we launched, we focused on distressed ‘C-class’ assets,” Smith said. “We’ve now moved into the management of A and B assets with potential added value or upside potential. We believe this approach – and the three ‘Rs’: Results, Responsiveness and Referrals – will continue to carry us forward as the economy improves.”

Angela Smith
The SMP team focuses on stabilizing multifamily properties, recommending improvements and repositioning them. The firm’s innovative, cost-effective solutions are designed to increase occupancy, net operating income (NOI) and property values for clients such as equity owners and special servicers, including banks and other financial institutions in the U.S. and overseas.

 “We pride ourselves on customizing a unique strategy for every asset, then exceeding expectations,” Batey added. “Our ability to turn around underperforming, value-add and distressed properties has led to a number of repeat clients and word-of-mouth referrals. We’re extremely grateful to the clients and contacts who entrust us with their assets.”

 SMP also has a strong commitment to helping the community as a whole. Its unique Corporate Social Responsibility (CSR) program includes giving employees a paid day off each year to work with the nonprofit of their choice. Batey and Smith also devote tremendous time and resources to individual nonprofit causes.

Atlanta-based Strategic Management Partners (http://www.SMPmgt.com) manages multifamily properties for owners, lenders and special servicers. It provides innovative, cost-effective solutions to increase occupancy and asset values.

 The company, which is especially adept at serving distressed and foreclosed properties, offers clients a diverse range of property management and turnaround services including third party partnerships, receiverships, lease-up, asset management, renovation and due diligence. Its mission statement, “Profitability Through Innovation,” reflects the company’s unique approach to third-party management.

Media Contact:

Terri Thornton,
Thornton Communications
 404-932-4347

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