Marett: what The PM can do for the apartment communities you build

What The PM can do for the apartment communities Marett builds What we read (marettllc.com, read November 4, 2026) - Marett describes itself as a development, construction and advisory firm: developer, construction manager, general contractor and real estate advisor. - The site lists The Percy, 317 units, "Completed 2024", and The SoHo, 178 residences, as built apartment communities, and Wake Union, a 65-acre mixed-use effort with 300 apartments, 90 townhomes and about 183,000 sq ft of commercial space. - The about page says The Percy was turned over to a management company. The site does not say who runs these communities today, what you still hold, or what rents they charge. So this page works at community level and writes every assumption out. If you tell us which ones you or a partner hold, we will redo it building by building. What The PM can do, community by community 1. Answer every new lead at once and book the tour, so a unit does not sit empty while an inquiry waits. For a community in lease-up, this is where the first weeks are won or lost. 2. Draft a reply to every renter review, for a manager to check and send. 3. Find a vendor for each repair, check the finished work, and check the invoice against the quote. 4. Run rent collection and the month close, so each community's books are ready on a fixed day. These are things The PM can do today on a community's own data. We have no case study yet. Illustrative example, not a client result Assumptions, all written out so you can replace them with your own: - A 317 unit community, the size your site shows for The Percy. - Rent of $1,800 a month per unit. This is OUR estimate, not reported by you. Your rents will differ. - Operating expenses at 40% of income, a 5% cap rate, 3% management fee deducted. - 45% of units turn in a year and each turn leaves the unit empty 30 days. Today, with those assumptions: income is $6.85M a year, NOI is $4.11M, and about $257K a year of rent is lost to empty units. With The PM, it can cut the days a unit sits empty by, say, 20%: that is about $51K of rent kept, about $50K of NOI after the management fee, and about $996K of value at a 5% cap rate. This is an estimate by us, not a promise and not a client result. The picture for the same assumptions: https://titleman.ai/property-management/example?process=vacancy&name=317+unit+community&units=317&rent=1800&est=rent Footnotes 1. Communities, unit counts and the turnover to a management company: marettllc.com and its about page, read 2026-11-04, class measured (as stated by the firm). 2. Rent, turn rate, empty days, expense share, cap rate: class estimate, ours. 3. Every figure in the example is computed from those assumptions and is class illustrative.