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 About Arden Management Co. |
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Since it’s inception in 1993, Arden Management Co has developed into a national management and development firm with assets exceeding 100 million dollars. Currently, Arden Management Co, supervised by Aaron Parnes, owns thirteen properties across five different states. Properties owned contain a total of over two thousand residential units as well as commercial outlets.
The core business model of Arden Management Co is the purchasing, redevelopment and operational turnaround of distressed and functionally obsolete multi-family residence properties as well as the long-term management of conventional multi-family, commercial and mixed-use properties. Our goal is to acquire such properties and turn them into successful and profitable locations creating a positive impact on its community.
At Arden Management Co, we have developed an in–house formula to calculate the potential of various properties in relation to the geographical location and the current real estate market evaluations. Through this process, Arden Management Co has owned over 50 different properties during the past decade alone. With maximizing the potential of each purchase in profitability and in operations, we have developed an excellent reputation with outstanding brokerage firms, and key alliances with other private management companies.
Investing for the long term is essential for the success of Arden Management. Our goal is to build value through focused buying, efficient operations and constant improving of our assets. We direct our attention to “growth markets” with strong fundamentals. This approach requires equity and debt partners who share our philosophy of investing for long term growth.
Arden Management Co, LLC will continue to carefully select acquisition candidates that fit its criteria. With healthy national and regional economies and a favorable interest rate environment, Arden has set goals going forward that will continue to establish it as one of the most respected and known operators in multi-family real estate. As a private real estate investment firm, Arden has the advantage of maintaining personal investor relations, while not sacrificing often global reach and visibility. Our deals have been reviewed in national industry publications, further underscoring Arden Management’s reputation as one of the most decisive closers in the market.
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