All Lofty properties are managed by experienced Property Management companies elected by owners via our governance system.
Below are the Property Managers managing properties on the Lofty Marketplace:
HomeRiver Group Institutional
Evernest Institutional Services
Milltown Realty
Urban REI
Meyer Property Group
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.
Owners have the ability to vote to replace Property Managers if they wish.