Property Management & Development
Building an apartment community is more than just construction. We acquire properties with excellent investment potential by identifying market trends and demand. We make timely capital improvements and continually market the property. We care about excellent service to our residents, and invest in our associates with training and technology. We understand that our properties often address critical housing shortages for those most in need in the neighborhoods we serve. We invest in our residents by partnering with Agape Child and Family Services and the Neighborhood Christian Center. We also support local agencies such as The Child Advocacy Center, The Boys and Girls Club, and Habitat for Hope.
At ALCO, caring is how we are Building Community.
ALCO knows it is the little things that make us unique — like our desire to explore all the options for our investors. All ALCO developments begin with a comprehensive feasibility analysis and exploration of the most favorable financing options. Once a financing strategy is identified, ALCO coordinates and monitors the final financing structure, the architectural design and construction work, and the management and regulatory compliance needed for the community to succeed. Our anticipation of government compliance, marketing needs and investors’ expectations are key reasons ALCO has managed successful apartment communities — garden style, mid-rise and high-rise — since 1974. Our experience sets us apart from other property management companies. ALCO’s knowledge of complex governmental regulations for housing, tax credits, and financing is one of our competitive advantages.
At ALCO, anticipation is how we are Building Community.
ALCO sites are linked real-time with our headquarters in Memphis, Tenn., where we monitor applications, move-out notices, and market reviews. Rigorous budgeting and on-the-ground reports give our property managers the tools to respond swiftly and strategically to changing market conditions — providing maximum service to our residents and maximum profits for our investors. ALCO also maintains regional offices to provide timely response to our properties, residents and employees. We have the ability to respond to the strengths and weaknesses of each property, delivering well-timed decisions that maximize results.
At ALCO, responsiveness is how we are Building Community.
ALCO believes in developing strong relationships with our residents, employees, investors, and regulators, resulting in success for each of our partners. It all begins with the basics — well-managed apartment communities that anyone would be proud to call home. Our certified property managers are the best in the business. Moreover, many ALCO properties have been recognized by the National Affordable Housing Management Association (NAHMA) as Communities of Quality® for excellence in management, maintenance, and personnel. When you partner with ALCO, you can be assured that we comply with government regulations and local requirements to produce top quality apartment communities. We monitor marketing trends to help our properties stay successful. You’ll get the results you want and each success leads to the next.
At ALCO, growth is how we are Building Community.