ALISO VIEJO, CA - ApartmentGrade.com is pleased to announce that Shea Properties has listed 15 of their California apartment communities on ApartmentGrade.com as a direct result of a strategic alliance with ApartmentGrade.com and SatisFacts Research. Under the terms of the alliance, all SatisFacts Research clients will now be able to list, at no cost, any of their communities that receive a 3.5 rating (out of 5.0) or higher to the ApartmentGrade.com web site; if they “make the grade” then they are listed.
“At Shea Properties, we identify the highest potential value and optimal use for any given property then apply a highly-focused resident commitment,” said Linda Davidson, Vice President of Human Resources. “We strive to improve the quality of life for all those who reside, work and play at one of our Shea apartment communities. Satisfacts research and ApartmentGrade.com help us confirm that we are doing our job successfully.”
“Shea Properties is an expert at creating wonderful resident experiences within their communities,” said Lucas Haldeman, CEO and President of ApartmentGrade.com. “We are very happy that ApartmentGrade.com can help them monitor and market these efforts.”
About Shea Properties: Shea Properties, headquartered in Aliso Viejo, California, is a diversified real estate company responsible for the acquisition, design, development, construction and management of business parks, shopping centers, apartment communities and mixed-use environments. Since beginning operations in 1969, annual revenues have grown steadily to more than $200 million, while the overall value of the portfolio has grown from $150 million to more than $2.25 billion. Shea Properties currently owns and operates approximately 6,300 apartment units and 6 million square feet of office, industrial and retail space in California, Colorado and Arizona. The development pipeline holds an additional 2,200 apartment units and 2.5 million square feet of commercial space. In concert with sister company, Shea Homes, the nation's largest private home builder, Shea Properties offers a range of capabilities matched by few other developers in the industry.
About ApartmentGrade.com: ApartmentGrade.com is the first Web site dedicated solely to providing prospective renters with professional, credible, objective, and accurate reviews of apartment communities based on the current resident’s feedback. When prospective residents view a multifamily community at ApartmentGrade.com, they will see a review based on expert, professional, unbiased ratings of the existing residents of the community.
About SatisFacts Research: SatisFacts Research is the multifamily industry’s authority on resident satisfaction and retention. SatisFacts understands relationships, their challenges and the impact on residents. Having worked with well over 1,000,000 units nationally, and utilizing years of experience as multifamily operators themselves, SatisFacts’ seasoned team of experts help clients manage relationships and enhance performance. Their candor may surprise you, the solutions offered will impress you and the results will thrill you. Harnessing a suite of satisfaction research, performance assessment programs and tools, SatisFacts develops feedback systems designed to help client Take the Guesswork Out of Retention™, reduce turnover and help grow NOI. Annual resident surveys are planning tools, while Insite™ Move-In, Work Order, Pre-Renewal and Unclosed Traffic programs provide feedback 365 days/year (from $1/unit/yr). SatisFacts provides clients with a competitive advantage not only through providing a blueprint for improving revenue, but through walking along side them step-by-step. Serving as strategic partners with clients, SatisFacts offers solutions that sustain enhanced performance (no matter the market condition). SatisFacts clients report nearly a ten point lower resident turnover rate than those reported nationally by NAA. Imagine what reducing costly turnover would have on your NOI and asset values! For more information, send an email to info@satisfacts.com.