PMR to Turn Around Distressed Multifamily

"pmr," Professional Multifamily Redevelopment, LLC, has been established to provide a national resource to multifamily owners, developers, managers and lending institutions. Focusing primarily on apartment community redevelopment, pmr is able to take an investor through the due diligence and acquisition process, create a detailed plan for physically repositioning the property or portfolio, and execute the renovation process. This includes bringing to each client a strong national partnering program with teammates supplying products from cabinets to paint, and services from design to energy efficiency evaluations.

Based in the Atlanta area, pmr was created by Bill E. Nettles, a twenty-three year veteran of the multifamily redevelopment industry. While supporting the repositioning efforts of UDR, AIMCO, Laramar & others, Mr. Nettles has lead teams to build and renovate tens of thousands of units across the United States. "Everyone is getting on the "green" train. There's nothing greener than recycling and revitalizing an existing apartment community. My teams have been focused on these efforts for more than two decades."

As the multifamily industry has downsized the role of the internal "construction department," pmr is capitalizing on the need still facing investors and owners. By outsourcing with pmr, a developer can select from a menu of services on an as needed basis, and keep their overhead cost down. pmr has also taken advantage of the times by "cherry-picking" top talent. "Our associates are all professional level veterans, each with a minimum of fifteen years in this industry, acting as both construction managers and dedicated owner's representatives."

To find out more about pmr's services, please visit www.pmredev.com.

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