Hamilton Properties approaches property management as "Asset Management" rather than as a primary profit center in and of itself. This assests-oriented approach accomplishes two functions: investment security and maximization of growth potential. It is based on the assumption that real estate is a long-term investment - but only when it is properly managed.
Hamilton Properties' early involvement in the rural multifamily housing market, in which projects are relatively small in size, evoked development of centralized systems conductive to managing both larger, and smaller projects.
Staff accountants involved in the financial control of properties possess extensive experience in real estate accounting and taxation, knowledge crucial to the proficient application of those systems. Having developed these systems to match the reporting requirements of various financing bodies, these individuals are accustomed to the financial reporting needs of investors.
To that end, our staff accountants possess extensive experience in real estate accounting and taxation. Our accounting systems have been developed to assure that we match the reporting requirements of various financing bodies as well as proper reporting to our investors.
Hamilton Properties has management information systems in place for reliable tenant selection, government reports, maintenance budgeting and scheduling, and numberous other items important to Hamilton Properties "Asset Management" philosophy. Top managers and supervisors are strongly encouraged and assisted in earning different designations such as S.T.A.R. (Spectrum Training Award Recipient) or the Certified Property Manager ("CPM"). In depth training is provided to on-site managers working for Hamilton Properties. Formal training is mandated for new managers prior to a development's occupancy, and concentrated assistance is provided through the initial rent-up period. Hamilton Properties' own brand of property management is formalized in an on-site handbook, which serves as both a training manual and reference guide. In-house, industry and governmental training sessions continue throughout each property manager's career with Hamilton Properties.
Headquarters staff members provide any needed backup services. Field supervisors take care of three regions for the highest possible degreee of responsiveness to local needs.
Hamilton Properties' centralization of all financial control and property management functions, its dedication to ongoing staff tranining, and its operation through regional management centers results in a total management approach which ensures protection and maximum appreciation of investments.
Items/Services Includeded in Management Fee:
- Monitoring of project operations, training and supervision of on-site staff provided by main office employees.
- Maintenance of project books, reports and records.
- Preparation and distribution of monthly reports.
- Preparation and distribution of annual reports of operations and maintenance.
- Preparation of requests for reserve withdrawals, rent adjustments, and rehabilitation and energy conservation proposals.
- Review of tenant certifications and submission of monthly Rental Assistance requests.
- Preparation and distribution of operating disbursements and protection of project receipts.
- Supervision by the Management Agent and its staff (time, knowledge and expertise) of overall operations and capital improvements.
- Meetings with owners, investors, and/or USDA Rural Development, HUD, TDHCA (Texas Department of Housing and Community Affairs), MHDC (Missouri Housing Development Commission).
- Development, preparation and revision of management plans and/or agreements.
- Preparation and distribution of payroll for all on-site employees including the costs of preparing and submitting all appropriate tax reposts and deposits.
Properties Developed by Hamilton Contracting or Managed by Hamilton Properties Since 1968
|Osawatomie Sr. Apts.**||Osawatomie||KS||24|
|Park Hill Apts.**||Leavenworth||KS||48|
|Wathena Heights||Wathena Heights||KS||16|
|Adams Park Apartments||Trenton||MO||35|
|Aurora Family Apts.**||Aurora||MO||36|
|Bradford Park Apts.*||Springfield||MO||72|
|Branson Estates Apts.||Branson||MO||24|
|California Family Apts.**||California||MO||32|
|Canyon Trails Townhomes||Webb City||MO||52|
|Cardinal Towers ****||Webb City||MO||60|
|Cherry Creek Estates**||St. Clair||MO||24|
|Division St. Apts.*||Mt. Vernon||MO||6|
|Lebanon Seniors II||Lebanon||MO||24|
|Lynn Park III **||Excelsior Springs||MO||24|
|Lynn Park KEH**||Excelsior Springs||MO||28|
|MacArthur Park **||Washington||MO||57|
|Madison Sq. Apts.*||Springfield||MO||14|
|Meadowview I**||Excelsior Springs||MO||12|
|Meadowview II**||Excelsior Springs||MO||24|
|Mt. Vernon Apts.||Mt. Vernon||MO||12|
|Mt. Vernon Single Family Housing||Mt. Vernon||MO|
|Oak Grove Heights||Bolivar||MO||36|
|Oak Tree Apts.**||Branson||MO||24|
|Oxford Apts. II||Joplin||MO||84|
|Oxford Partners, L.P.**||Joplin||MO||18|
|Ozark Sr. Apts.**||Ozark||MO||24|
|Reeds Spring Srs.||Reeds Spring||MO||20|
|Richmond Sr. Village**||Richmond||MO||40|
|Shafer Estates*||Mt. Vernon||MO||12|
|Shannon Valley Apts.**||Waynesville||MO||48|
|Smith Senior Village||Richmond||MO||40|
|Stoneridge Apts. **||Springfield||MO||24|
|Strafford St. Apts.||Strafford||MO||16|
|Sullivan Family Apartments**||Sullivan||MO||36|
|Tarkio Family Apts.**||Tarkio||MO||24|
|Village Apts. Of Warrenton||Warrenton||MO||12|
|Warrensburg Senior Housing**||Warrensburg||MO||36|
|Weston Senior Citizen Housing||Weston||MO||44|
|White Pine Estates**||Marshfield||MO||30|
|Wright City North||Wright City||MO||24|
|Ashland Park I||Ashland||NE||12|
|Ashland Park II||Ashland||NE||24|
|Ft. Calhoun Apts.||Ft. Calhoun||NE||20|
|Lost Creek Apts.||Lost Creek||NE||24|
|Boise City||Boise City||OK||24|
|Cambridge Apts.||Oklahoma City||OK||124|
|HLM Sallisaw II apts.||Sallisaw||OK||24|
|Oak View Apartments||Tishomingo||OK||24|
|RoseRock Apartments I||Sallisaw||OK||24|
|Spiro Pioneer Village||Spiro||OK||36|
|Abilene Senior Village||Abilene||TX||92|
|Alvarado Senior Apts.||Alvarado||TX||24|
|Bell-Aire Manor Apartments||Brady||TX||16|
|Bogota Senior Apts.||Bogota||TX||24|
|Clarksville Senior Apts.||Clarksville||TX||24|
|Clifton Manor Apartments||Clifton||TX||40|
|DeKalb Senior Apts.||DeKalb||TX||24|
|First Huntington Arms Apartments||Huntington||TX||40|
|Hamilton Manor Apartments||Hamilton||TX||18|
|HLM Red River Apts.||Clarksville||TX||24|
|McGregor Senior Apts.||McGregor||TX||36|
|Mt. Pleasant Senior Apts.||Mt. Pleasant||TX||28|
|Nacogdoches Senior Village||Nacogdoches||TX||36|
|Rusk Senior Apts.||Rusk||TX||24|
|Stone Glen Apartments||Glen Rose||TX||20|
|Troup Senior Apts.||Troup||TX||36|