All Lofty properties are managed by experienced Property Management companies.
Below are the Property Managers managing Lofty properties in our different markets:
Chicago - HomeRiver Group
Cleveland - B2B Realty, Northpoint Asset Management, FYVE
Memphis - HomeRiver Group
St. Louis - Intersection Real Estate
Akron - Northpoint Asset Management
Detroit - Evernest Property Management
Cincinnati - Berkshire Hathaway
Property Managers take care of sourcing tenants, collecting rents, and managing repairs.
If there is an issue with a property, the Property Manager will reach out to Lofty and then we will either update investors on the issue or send out a governance vote.
Token holders have the ability to vote to replace Property Managers if they wish.