Asset Renovations and Maintenance Solutions
Our Renovation Specialists provide construction oversight ranging from large to modest renovation, restorations and deferred maintenance projects. We maintain full accountability for pre and post construction management and major rehabilitation of project acquisitions. Our construction services team prepares a detailed scope of work, solicits "apples-to-apples" bids, and awards the bid based on the best value. Upon awarding the bid, our construction services team prepares a contract that outlines insurance requirements, inspection criteria, and procedures for requesting change orders, a draw schedule with lien waver submittal documents, and a calendar of completion.
We take pride in saving our clients and investors’ money on major renovations, repairs related to losses from wind, flood, or fires, and of course special projects such as boiler work, parking enhancements, updating amenities, sewer or storm drain repairs, etc., because many of these expenses arise unexpectedly and are not budgeted. Controlling such costs often makes the difference between positive and negative cash flow.
Asset Maintenance Department oversees the day-to-day actions of maintenance personnel on the property. Focus areas include electrical, plumbing, power outages, and air conditioning with an emphasis on timely emergency needs.
We provide our maintenance team with a technical “How To” resource library; day to day problem solving support; pre-negotiated national preferred pricing; preventative maintenance scheduling; maintenance peer training program and team building programs for the exchange of ideas and troubleshooting assistance to reduce need for more expensive contract support.
Catalyst Property Solutions provides in-house maintenance teams, known as our Top Gun Team that can be sent to properties during peak workloads to provide expedience of repairs and unit turns at a lower cost to our clients and investors.