Company

Committed to Excellence AND our Owner's Goals!

Successful projects and ventures are the result of a combination of factors. The professional staff of Five Star Services, Inc., works closely with owners, residents, managers and local, state and Federal authorities to assess and meet the functional, economic, and aesthetic requirements unique to your project or venture.

Five Star Services, Inc. manages conventional, government subsidized, tax credits housing and self-storage properties. With over 30 years in the property management industry, our team is professional, knowledgeable and meets the highest of ethical standards.

Company Highlights

Five Star Services, Inc., operates with a team approach. As multi-family housing and self-storage specialists with more than 30 years experience, we have successfully accomplished the following:

• Fully integrated and computerized self-storage tenant management.
• Obtained more than $7.5 million Flexible Subsidy Program funds for one non-profit corporation's 282 units.
• Almost $20 million in construction financing.
• Over $25 million in rental operating contracts.
• Managed properties more than 1,200 miles from the corporate office.
• Maintains an excellent relationship with the U.S. Department of Housing and Urban Development, Region VIII, Denver, Colorado. ELECTED AS HUD'S MANAGEMENT AGENT OF THE YEAR IN 1992 FROM A 6 STATE REGION AND CANDIDATE FINALIST FOR THE SAME AWARD IN 2001.
• Maintains a professional relationship with the respective state Housing Finance Agency, Rural Housing/Development and Public Housing Authorities.
• Operates fully computerized accounting and government phases (including 236 program).
• The president of Five Star Services, Inc., holds the Certified Property Manager (CPM®) designation. We are also a licensed general contractor. Combined we have more than 50 years experience in the industry. All employees are bonded.
• Offer competitive fees for these services:

We strive to uphold prompt maintenance, good resident relations and interactions, and insist on cleanliness and courteous attitudes.

References are available upon request.

Property Management

Five Star Services, Inc., bases its philosophy and policies on careful financial planning, prudent preventative maintenance, and marketing methods necessary to achieve your goals and objectives. In today's ever-changing property management industry, it is imperative to maintain proper control over the market place, the monthly financial statements, planned capital improvements, and risk management.

Five Star Services, Inc. is committed to achieving your investment goals.

We focus our management energies on your specific needs.

Five Star Services, Inc. hired the services of marketing specialists who trained our staff and guided us on the best proven techniques and skills required to keep your property at a high occupancy level and ahead of your competitors, all based on your community's current market conditions.

Our state-of-the-art computerized financial accounting software, required government assisted software and utilizing an industry leader in self-storage software - allow us to produce a variety of concise and current statements and reports. We prepare annual budgets for your approval. We deliver monthly financial statements, with careful monitoring of the actuals verses the budgets if requested. With such close supervision, trends or possible problems can be quickly addressed thus alleviating any future complications.

We carefully monitor property taxes and upon agreement, will prepare comparisons to ensure equalization.

Consulting and Developing

Charles A. Hendricks and the team from Five Star Services are available to assist individuals, companies and non-profit organizations in the development and management fields. Feasibility, productivity and ultimately profitability are some of the main areas of concern for the client.

Five Star Services offers all of the services necessary to take your venture from start to finish. We will take your building project from designing, financing, construction or remodeling to marketing and maintenance. We will assist you with application packaging, syndication and management set-up procedures. These services are available on a retainer or contract basis. We can also assist the client in disaster recovery, from stabilization to construction management.

By providing experienced, professional, and analytical advise from the construction and finance sectors we can help you to achieve more productivity and efficiency from your present system and employees.

LET OUR RECORD SPEAK FOR ITSELF. OUR EXTENSIVE EXPERIENCE IN PROPOSAL PACKAGING, FINANCING AND CONTRACTOR NEGOTIATIONS HAS ALLOWED US TO SUCCESSFULLY OBTAIN MORE THAN $7.5 MILLION IN HUD'S FLEXIBLE SUBSIDY PROGRAM FOR REHABILITATION, ALMOST $20 MILLION IN CONSTRUCTION FINANCING, AND OVER $25 MILLION IN RENTAL OPERATING CONTRACTS.