AFI manages multiple services designed to carry Class-B multifamily projects from Acquistion through Disposition. Through careful underwriting and systematic operations, AFI has a proven record of maximizing value and stabilizing multifamily assets. Whether a project is in distressed condition or is in need of renovation and expense controls, AFI has the tools and systems to accomplish owners' goals.

Management Services

Underwriting Services

Renovation Services
Property Management
Full service management services from purchase to sale. Birth to grave systems developed specifically for 'B' to 'FF' class properties
Flat Fees
Flat fees are designed to create transparency and total control for owners.
Budget Controls
Systematic tracking of pre-developed budget with ownership goals
Collection Services
Our collection services are some of the best in the industry, averaging 1-2% outstanding receivables
Book-Keeping
Book keeping services including vendor account management, payable services, account reconcilliation
HR Management
Hiring, compliance
Payroll Services
Payroll service through ADP services
Leasing Services
Leasing, Renewing - Occupancy at AFI properties are designed around 95% occupancy with less than 2% uncollected and a 60%+ renewal rate
Onsite Management
All our managers live on-site. We believe a Manager who lives onsite takes ownership, translating to smoother, happier communities.
Onsite Maintenance
Our maintenance teams also live onsite. This too develops ownership of work on the property and fosters safety and security.
Material Procurement
Every order is screened and managed against a pre-determined budget. No superfulous expenses are allowed.
Insurance Evaluation & Placement
Insurance costs can often be controlled and reduced substantially through our extensive insurance contacts.
Worker's Compensation
Workers' Compensation is a gray area for many operators. Our team understands this important component and controls the expenses related to it.
Turnover Services
Make-readies on a property allow for leasing with confidence. Our teams utilize a standardized system to achieve the highest possible standard of turnovers within respective markets.
Utility Management
Utilities are an area that is often overlooked. However, with some controls and repairs, utility expenses can often be cut by 10-40% by simply fixing bad fixtures, finding leaks and controlling energy waste systems (e.g. boilers, broken pipes, common circulating system).
Common Utility Bill-Back
A growing trend in most markets is the introduction of billing back utilities. As a standard, AFI bills back common utilities further cutting costs and maximizing tenant accountability
Security Controls
We believe that if a property is not safe, it will not succeed. Therefore, we treat broken lights as emergencies and lack of traffic control on a property to be a problem. All of our teams are trained in conflict resolution and are empowered to control their properties. We believe every resident should feel safe everywhere at anytime on our properties.
Crime & Demographics Reporting
MSA & Economic Reporting
Unit Inspections & Condition Reporting
Management Services Auditing
Vendor Assessments
Utility Cost Assessment
Physical Inspection of Premises
Construction Budgeting
Vendor Negotiations
Start-to-Finish Construction Services