Page Array – LBPM

[...] project designed to enhance the character of the property and to improve the caliber of prospective tenants we could bring to the building. With an extensive history in refurbishment and new [...]

[...] to address deferred maintenance, thereby increasing the building’s appeal to existing and prospective tenants. LBPM has employed this strategy at other college area properties, as well as properties [...]

[...] Management of Fallbrook Office Plaza commenced in 2002 after being purchased by our client. The property had been held by the [...]

[...] to pay substantial prepayment penalties, including defeasance, in order to refinance. Occupancy Challenges: The first order of business was to determine the best way to increase the revenues of the [...]

[...] the economic factors that impact regional and local markets is just another way that LBPM delivers “proper” management to its managed properties. [...]

[...] expire during off-peak rental months. Recognizing the demand imbalance created by the CSUN semester schedule, LBPM embarked upon a leasing campaign that capitalized on the basic supply vs. demand [...]

[...] strongest of the year. Within only two summer rental cycles, Windward Sun boasted an average annual occupancy rate of 98%. The gross income increased by 39% within 20 months, and annual expenses had [...]

[...] 39% within 20 months, and annual expenses had fallen to the lowest levels in 10 years. Today Windward Sun Apartments is considered the preferred address for CSUN students and non-students alike. [...]

[...] loan was a conduit loan with a major lender, and our client would be forced to pay substantial prepayment penalties, including defeasance, in order to refinance. Occupancy Challenges: The first order [...]

[...] costs. Our client was thereafter able to enjoy substantial and consistent cash flow with a stabilized tenancy and a low interest loan. Today, LBPM continues to manage the Fallbrook Office Plaza, which [...]