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Welcome to LR Management Services Corporation
LR Management is an award-winning third-party property management company, operating properties throughout Michigan, with a focus on the Greater Detroit Metro area.
Voted by Crain’s as the Top 25 Women-Owned Businesses in Michigan for five consecutive years, we are dedicated to growing and scaling our company with top-tier talent and resources to increase ownership's net operating income and add value to our communities.
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- Our Secret Sauce -
Modern design done right, where trends meet functionality. Our communities have flexible and functional floorplans for every lifestyle, meaning there is no compromise on wants versus needs. We offer something for everyone and pride ourselves on our inclusive aesthetics.
We have the best people in all areas to help facilitate marketing requests, general maintenance, financial advisories, and general hospitality day-to-day operations. The team's combined experience lends itself to the overall success of our communities and their growing occupancy.
Happy people first, everything else second. At LR, we believe that when our residents are happy, the rest follows. From community events to in-demand amenities, we make sure our hands-on community teams are set up for success.
Picture Yourself Here
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At LR Management, we know how to drive demand and increase your ROI. We have repositioned 45 luxury and urban communities. LR Management currently manages 11,500 apartment homes and condominiums spanning over 59 communities throughout the State of Michigan. We have strong financial and operational systems to monitor our communities and use Yardi as our accounting software.
We are also always looking for ways to maximize operating efficiencies and reduce expenses. We've implemented multiple water savings programs, which on average, yielded ROI's in 4 months by reducing water costs over 50%. We maximize rental markets and geographic locations to benefit from available energy saving funding. We of course also leverage our size to maximize our buying power and get the best pricing for our communities.
Looking for a new management company for your assets? Contact us to find out how we can help you grow your bottom line while keeping happy, long-term residents in your property.
A Proven Track Record
With decades of combined experience as property owners, managers, and real estate developers, LR Management offers our clients the opportunity to align with a professional team and a management system built on a proven, deep-rooted track record of success. Having been a staple in Southeastern Michigan for several years, we know a thing or two about longevity. LR Management operates with integrity, we adhere to a strict set of company standards and ethics, and we always believe in doing the right thing. To us, leading with good standards is the gold standard.