MRG Takes on Management of 750 Adams Place

September 7, 2015

750 Adams Place

In April of this year, MRG was hired by an international investor to manage 750 Adams Place, a 201-unit apartment building in the Memphis medical district.  MRG will be assisting the new owner of the property in the re-positioning of the apartment community, providing advice in areas such as enhanced amenities, upgraded landscaping and entrance, interior furnishings, and new signage. As a result of a focus on improvements in  maintenance, marketing and overall service, MRG’s property management team has been able to increase occupancy from 88% at the time of the take-over to 95%, while also increasing rents.