Many buyers are looking for apartments to which they can add value. Some properties need
exterior renovations. Others need interior upgrades. Others could benefit by improved management.
Moran & Company has added value to its own portfolio through a combination of exterior
and interior improvements. It has tracked the rent increases afforded by various types of renovations
and compared these rent increases with the capital expended. It has observed the value added
strategies employed by other investors in the marketplace. Through a combination of our own
experience and the experience of others, we have developed a unique sensitivity to the ways in
which investors can add value to apartment properties.
Owners hire us to help prospective purchasers understand how to define and execute a value added
strategy for their property. By helping buyers understand the value added plan, we help the seller realize
some of that value in the sales price.