West Creek Villas
Catalyst Multifamily Management was hired as the third party property management company in February 2013 after the owner wanted a change. The previous management company was unable to generate a profit despite 100% occupancy due to poor expense management. Catalyst implemented their institutional expense management program and was able to generate a profit margin of 41.3% during the first 12 months of management without any capital improvements.
The owner now receives healthy equity draw checks every month.