KIMC: Some Asset Classes May Not Recover From This Disruption
Social distancing could create some long-lasting cultural changes that will rock asset sub-classes like co-working. Quote by Jonathan Needell ...
October 25, 2022
For its efforts preserving and creating affordable rental housing while advancing residents’ interests, BH Management Services has been named Freddie Mac Multifamily’s 2022 Impact Sponsor of the Year.
“From the way they have sought to build a diverse and inclusive team to their focus on building communities that are sustainable for tenants and the environment, BH is a multifamily company that puts people first,” said Steve Johnson, vice president of production and sales for Freddie Mac Multifamily. “We’re proud to name BH our second annual Impact Sponsor of the Year. They set a great example for the industry by proving that you can both do good and do well.”
BH manages approximately 100,000 units and owns 50,000 units, ranking No. 8 on the National Multifamily Housing Council’s 2022 list of top apartment managers and No. 22 on the 2022 list of top apartment owners. The company uses its scale to make a difference in its residents’ lives. It leverages Freddie Mac’s credit building initiative to report on-time rent payments, which helps its residents establish a solid foundation for their financial futures. In addition, the company offers flexible rent payment arrangements and helps deliver millions in annual rental assistance.
The company also prioritizes sustainability and diversity. It has focused on reducing its environmental footprint by implementing energy- and water-saving measures. As a diversity, equity, and inclusion pioneer in the industry, it touts that its management team is over 50% women and its workforce over 50% diverse.
* The information contained herein is for general, informational purposes only and is not intended to constitute an offer to sell or buy any securities or other assets or promise to undertake or solicit business, and may not be relied upon in connection with any offer or sale of securities or other assets.
Social distancing could create some long-lasting cultural changes that will rock asset sub-classes like co-working. Quote by Jonathan Needell ...
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