Proactive Approach Keeps Value Companies Ahead of the Pack

Value Companies, Inc has found a recipe for success in today’s competitive rental market with a proactive capital improvement strategy that’s resulted in high occupancy and retention rates throughout its portfolio of over 3,000 apartment homes. Keeping a keen eye on renter demands and market trends, the Clifton, NJ-based company is actively making strategic improvements and renovations to lift its communities above market standards and offer modern apartment living at competitive monthly rates.

Community enhancements can be found inside and out, delivering both living spaces that meet the needs of its tenant base, and contemporary exteriors that catch the eye of today’s renter. Two of the most recent examples of how Value has effectively stayed ahead of the pack in a crowded market are Gateways at Randolph, a distinctive rental community that combines Classical Greek, Colonial American, European and Western architectural styles in Morris County and Saddle Brook Apartments, a 368-home garden style apartment community in Bergen County.

At both communities, Value has painted building exteriors to enhance the architectural elements with vibrant colors and stylish tones. Interiors have been upgraded with designer features and appointments, including tile backsplashes, quartz/granite countertops, LED lighting and new doors, trim and hardware.

“We’re consistently upgrading our rental properties and making them 21st Century quality,” says Andrew Abramson, President and CEO of Value Companies. “Gateways and Saddle Brook are the latest examples of how our communities remain state-of-the-art with cutting-edge homes and ongoing improvement programs that bring them on par with new construction apartments.”

Gateways at Randolph consists of 903 homes in 54 buildings. The property features 18 separate courtyards. Managed, owned and developed by Value Companies, Gateways at Randolph has continuously maintained a high occupancy rate.

Value Companies has completed renovation programs at the community over the past several years to renovate and upgrade the recreational amenities, common spaces, physical grounds and more. Improvements started with the introduction of a brand new outdoor pool complex which was upgraded to include a beach entry, elegant water features, as well as upgraded pavers and new outdoor furniture. The company also re-landscaped various courtyards. Value completed another phase in the renovation program with the addition of a world class recreation center which includes a state-of-the-art fitness center, a playground, BBQ Area and picnic tables and volleyball court.

Located at 44 Center Grove Road, Gateways at Randolph is ideally situated within Morris County, close to shopping, Morris County Community College, dining and recreation. Nearby parks feature camping, boating and fishing.

For over six decades, Value Companies has reported high retention and occupancy rates throughout a roster of apartment homes by providing the highest level of professionalism and a dedication to excellent customer service. Founded in 1952, the firm’s residential properties have been built and managed by a highly skilled, in-house management team of more than 80 industry professionals which oversee all aspects of Value’s communities, including construction, leasing, maintenance, property management and administration.

Value’s third-party management business, Value Asset Management (VAM), provides full-service management capabilities and customized asset solutions to a growing list of third-party real estate investment and property owner clients. Value Companies also received numerous industry awards for its various properties as well as being a 4-time recipient of the New Jersey Apartment Association Management Company of the Year award.

For more information on Value Companies’, please contact the company headquarters at 973-473-2800 or visit www.valuecompanies.com.