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A QUARTERLY PUBLICATION OF
THE FLORIDA APARTMENT ASSOCIATION
FALL 2011
FLORIDAFLORIDA
Make Your Property Crime-Free
The MDU Experts
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MultifamilyFLORIDA l SUMMER 2011 l 5
Published for Florida Apartment Association341 N Maitland Ave., Suite 130Maitland, FL 32751Tel: 407-647-8839Fax: 407-629-2502www.fl -apartment.org
EXECUTIVE COMMITTEEPresident
Susan TruesdaleWinthrop ManagementPresident-Elect
Linda PaoloWRH Realty ServicesVice PresidentStacey StuartSawyer Realty Holdings
Secretary/TreasurerRon WenzelGreystar Multi-Family Services
Associates’ Vice PresidentReuben ParkerRoto RooterPast PresidentsKellie Jackson, CPMMilestone ManagementCindy FredlundCamden ResidentialBrenda PritchardHorizon Realty ManagementExecutive Vice PresidentMarjorie CookGovernment Affairs RepresentativeChip Tatum, CPMFAA Editor: Bobby DavisPublished by Naylor, LLC
5950 NW 1st Place, Gainesville, FL 32607Tel: 352-332-1252Fax: 352-331-3525; www.naylor.com
Publisher: Kathleen GardnerNaylor Editor: Sean GarrityProject Manager: Heather CioccaMarketing & Research Associate: Kent AgramontePublication Manager: Adam FirestoneAccount Representatives: Chris Chiccarello,John Connell, Cherie Dubay, David Evans, Janet Frank, Heather Locke, Diane Markey, Debbi McClanahan, Jessica Semonin, Steve Warren, Chris ZabelLayout & Design: Preeti Pandey©2011 Naylor, LLC. All rights reserved. The contents of this publication may not be reproduced by any means, in whole or in part, without the prior written consent of the publisher.The Florida Apartment Association, hereinafter “FAA,” does not endorse the products or services of any advertiser in Multifamily Florida. Reference to any product, service, hypertext link to a third party or other information by trade name, trademark, supplier or otherwise in Multifamily Florida or any publication, print or electronic, by FAA does not constitute or imply its endorsement, sponsorship or recommendation by FAA. Views, opinions and conclusions expressed by any authors of articles contained herein are not necessarily those of FAA, its members, board, employees or management.PUBLISHED OCTOBER 2011/FAP-Q0311/6391
FLORIDA
FALL 2011A QUARTERLY PUBLICATION OFTHE FLORIDA APARTMENT ASSOCIATIONTHE FLORIDA APARTMENT ASSOCIATION
FEATURES
10Make Your Property Crime-Free
By Bobby Davis, Editor
DEPARTMENTS
7President’s Messageby Susan Truesdale, Winthrop Mgmt.
8Legislative Update
16Market Report
19 In the News
23Product/Service Council Directory
30Index to Advertisers/Adv.com
546191_Bader.indd 1 8/10/11 12:52:40 AM
6 l MultifamilyFLORIDA l FALL 2011
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MultifamilyFLORIDA l FALL 2011 l 7
PRESIDENT’SMessage
round of applause for their countless
hours spent on this year’s overwhelmingly
successful conference. The event didn’t
end there, the Awards and Installation
ceremony was a wonderful end to an
amazing event. I would like to recognize
Kellie Jackson for her leadership as FAA
President and what an amazing job she
did during the past year. I would also
like to thank Management and Associate
Volunteers of the Year from each local
affiliate! It was amazing year and I am
looking forward to another amazing year
in 2012.
I want to let all of you know that I
will strive to be the best president that
I can be. I plan to make every effort
to visit each affiliate to see what is
happening throughout our state. I know
that every area has their challenges and
I want to be an asset to all of you.
I want each association to seize the
day and the opportunity to increase
our PAC contributions. This also
would include involvement in the
legislative process. I would like to see
each affiliate have a PAC committee
that strives to meet or exceed the
contribution and participation levels. As
you all know, through the Tallahassee
The Florida Apartment Association
is a federation of associations
representing and advocating the
interests of the multifamily rental
housing industry in Florida. FAA’s
total membership, comprised of the
11 independent local associations
througho0ut the state, has reached an
all-time high of more than 376,000
apartment units.
If you joined us in October in Orlando
for the FAA Education Conference and
Trade Show, keynote speaker Cary Mullen
was sure to have motivated and inspired
innovation in these times of rapid change
in all who attended. Not only motivated
and inspired, but now our teams have
learned to communicate on a positive
and rewarding level after sitting in Jackie
Ramstedt’s seminar on Communication
and building positive relationships. Then
there was David Glickman who added
some comic relief to the event in order to
make it really fun and memorable. Linda
Paola’s entire committee deserves a big
days, the PAC is working diligently to
make sure that legislation is passed
or not passed to further our industry
goals. It isn’t just money that is needed.
We need, as an industry, to support
this area of our organization so that
our watchdogs can monitor anything
that is detrimental to our industry and
future. (EXAMPLE) We can support
legislators who have the ability to help
our causes by introducing bills or
helping to stop them. This has become
increasingly important as city, state,
and local municipalities are looking for
ways to increase their budgets and fees.
We need to be diligent and proactive.
Carpe Diem-Our Time Is Now!! I
challenge each affiliate to put on a PAC
event every quarter of 2012 in an effort
to increase our PAC Goals!! I happen
to know that our Legislative team,
including Chip Tatum, Ron Book, Kelly
Mallette, Jeff Rogo and many more
volunteers would be happy to assist all
of you in any way they can to achieve
these goals!!
Thank you all for coming to the
Florida Education Conference. I hope
that you will do as I have and Carpe
Diem-The Time Is Now.
by Susan Truesdale,Winthrop Management
8 l MultifamilyFLORIDA l FALL 2011
LEGISLATIVEUpdate
by Chip Tatum, CAM, NALP,
NAAEI Faculty
FAA Government Affairs Director
Trending Issues in Florida
NO REST FOR THE WEARY
State lawmakers headed back to Tallahassee to begin their first week of committee meetings in mid-September marking the beginning of what is sure to be a very hectic session. Our elected officials are tasked with passing a balanced state budget and also redrawing the lines for all congressional and state legislative districts. They’re also likely to be given a slate of legislative priorities from Governor Scott that includes reforming higher education, elementary education, immigration, and other potentially controversial issues. Long story short many industries have chosen not to present legislation during the upcoming session, including FAA, due to how chaotic it is sure to be. That said, we will be playing a fair amount of defense.
STATE TRENDING ISSUES
FAA is on the forefront of a host of new and reemerging issues and discussions in the state. If any of these issues of particular concern or interest to you or your company please let me know. Many of them have “work groups” or tasks forces that you may be able to participate on.• Bed Bugs – The state of Florida’s
Department of Agriculture has established a Bed Bug Work Group in response to a resurgence of these pests throughout the country including Florida. At this point the groups purpose is to advise the
public and media of the appropriate methods of treatment, how to avoid them, etc. There has been no mention of additional legislation or regulation on the hospitality or multi-family industry. FAA and NAA are participating in the group.
• Landlord/Tenant Law – At one point it looked like we would be facing a complete re-write of Chapter 83, the section of the Florida Statutes that pertains to landlord/tenant laws. Due to the abbreviated time frame to file the bill and the enormity of the undertaking the odds are slim that this will happen. That said, the Real Property Section of the Florida Bar is seeking input from those on its committee for suggested “fixes” to the law. Several groups, including Legal Services, have proposed changes. FAA is in discussions with Legal Services about their proposals which include required notice to vacate, protections for Section 8 voucher holders, and other measures.
• Immigration Reform – Florida lawmakers, including the Governor, are proposing to make immigration reform a priority for the upcoming session. While no formal proposals have been made as of the time this article was written we continue to be concerned that landlords will in some way be required to act as border patrol or be held liable for leasing to illegal aliens. This message has been, and will continue to be, delivered to lawmakers.
TRENDING LOCAL ISSUES –
• Mandatory Armed Security – (Hillsborough County) The shooting of an armed security guard in an apartment community resulted in an ordinance that would have mandated the hiring of two armed security guards per community. The commissioner who proposed
the ordinance was adamant that something be done to address what he perceived as a substantial threat to the community. Fortunately, leaders of the Bay Area Apartment Association under the direction of Jeff Rogo, met with him and were able to convince him that this was not the appropriate course of action. As a result, he withdrew the ordinance and is working with BAAA on alternative options including the Crime Free Multi-Housing® program.
• Punitive Recycling Programs – (Miami Beach) Ashley Ligas, Government Affairs Director for SEFAA, was alerted to a proposal that would have fined apartment communities up to $5000 for any mixed loads in a recycling container. These fines would be levied by code enforcement inspectors who would randomly check these containers for items that are not recyclable regardless of whether or not the owner had knowledge of it (i.e. if the resident was responsible). The matter has been tabled temporarily, but is not dead. SEFAA will continue to work with the city to educate them on the difficulties of policing resident behavior and offer alternative options to the city. More information will be forthcoming.
THE REST OF THE STORY
This article highlights just a few of the emerging issues in the state that FAA is monitoring or actively involved with. We have technology in place to scan new bills, ordinances, etc. as they are presented, but we rely heavily on our members to bring issues of concern to our attention. If you are interested in getting more involved please contact me anytime. Thank you for your involvement in FAA and for your efforts to advance the apartment industry! ●
10 l MultifamilyFLORIDA l FALL 2011
Crime seems about as inevitable
as death and taxes, and the public
often sees apartment communities
as hothouses of criminal activity.
Violent crimes, assaults, burglaries,
and persistent drug activity are both
expensive problems for owners and
demoralizing to management and
residents alike. Once such problems
get established in a community, it can
be very difficult to eradicate. There is
now an exciting weapon available to
apartment owners, however.
Working with law enforcement,
many apartment owners have devised a
way to take a serious bite out of crime
in their communities. Adopted from
a program devised by the Mesa, AZ,
police department in 1992, the Crime-
Free Multi-Housing Program has been
instituted in Jacksonville for about
three years and just came to Orlando
in February. More than 2000 cities in
all 50 states have adopted the program.
The Crime Free Multi-Housing Program
has achieved almost instant success in
these areas.
“In Jacksonville, about 50 communities
are fully certified, and another 150 have
at least started training,” said Captain
Matt Bowen, the Area Commander for the
program. “We’ve seen a drastic reduction
in calls for service and violent crime in
apartment communities—about 70% in
some places.”
Make Your Property Crime-Free
By Bobby Davis, Editor
Its proponents in law enforcement
and the industry would like to expand
it throughout the state of Florida, which
would greatly increase its effectiveness
in keeping problem residents out of
apartment communities. Bowen said he
is working to create a statewide board
among police departments to expand the
program to all of Florida’s major cities.
“We want to get apartment
associations on board so they will
put pressure on police to expand the
program,” Capt. Bowen said. “It’s hard to
argue with the results we’ve had. It will
take some extra police manpower at first,
but when you see the number of calls for
police service you reduce in the long run,
you get a lot of bang for your buck.”
Thus far, the Crime-Free program
has made tremendous inroads into
criminal activity at communities that
once were known as danger zones.
The more apartment communities
that participate, the more powerful
information they can get.
“We have had amazing, phenomenal
results,” said Traci Williams, Senior
Vice President with WRH Realty in
Jacksonville, which has enrolled 15 of its
20 properties in the city in the Crime-
Free program. “I was a naysayer at first,
but I can’t say enough about how well
the idea works. Call volumes for criminal
activity are way down, and they are less
serious in nature than before.
“At first, we were afraid that fewer
people would apply to live in Crime-
Free communities, but we’ve found
that it has become a selling point, that
people want to live in a place that has
the program. Each resident signs a
Crime-Free lease addendum, which
gives us an important tool for evicting
problem residents.
“It’s also not that expensive to make
the physical changes needed to help the
program,” Traci said. “We had to put in
180-degree eye viewers, 3-inch screws in
the striker plates of the doors, making them
more difficult to kick in, at least a one-inch
throw on the deadbolt, plus some additional
lighting on some properties. The police do
both a daytime inspection and a nighttime
inspection before you become certified
for the program. They also provide some
signage advertising the program and a jpeg
emblem to put on all our advertising and
collateral materials. And there’s a website
with a comprehensive list of people who
have committed crimes in Jacksonville that
our managers can check when people apply
for a lease.”
Picerne Real Estate Group got
involved with the program early on, and
has 85 properties in 22 cities nationwide
participating, including three in Orange
County, FL.
“We have had great success with the
program,” said Senior Vice President
Frank Loturco of Picerne. It will work
FEATURE
COLLABORATIVE PROGRAM BETWEEN POLICE AND APARTMENT OWNERS IS HAVING A BIG IMPACT ON CRIME IN JACKSONVILLE, DAYTONA, AND ORLANDO.
even better when it has been rolled out
everywhere. We have worked hand-
in-hand with law enforcement, and
they provide us with a lot of help and
information. They provide regular
reports on criminal activity at our
properties and on specific residents.
The great thing is that they also let
us know if someone causes crime on
another property. Our Crime-Free
properties have monthly crime-watch
meetings with the officers in the
program. They talk to residents to let
them know they are there for them, and
also to reinforce that they need their
help in identifying problem situations.
“With the Crime-Free lease
addendum, everyone knows what to
expect when they move in, both of
themselves and of their guests. So often
the problems are not with the residents
so much as a boyfriend or friends of
the kids who don’t live on property.
If a prospective resident is someone
who is likely to break the rules, they
figure out very quickly in the interview
process that they will be kicked out
fast. But most people don’t want
to break the rules. And the
word gets around fast
when someone is evicted for criminal
activity,” Frank said.
Lori Trainer, Vice President of
Customer and Public Relations with
Concord Management in Maitland,
FL, worked with the Orlando Police
Department and the Apartment
Association of Greater Orlando to get the
program off the ground in the Orlando
area. She had heard about it through
the NAA Lyceum program, and, when
she heard that the program had been
instituted in Jacksonville, she contacted
FCAA Association Executive Peggy
Queen, and finally got in touch with
Officer Mike Tomberg, one of the zone
coordinators for the Crime-Free Program
for the Jacksonville Sheriff’s Office.
“He spoke to me for about an hour
and a half about its successes. I was
so excited that I took part in their next
training,” Lori said.
“When I came back, I pitched it to the
Crime Prevention Committee for Concord,
and they got excited about it, too,” Lori
said. “I talked to Chip Tatum, who was
still Government Affairs Director with
AAGO, and he helped me get Orlando
Police Department and Orange County
involved. We held an information
session about it in November 2009 to
see if local managers and owners might
be interested, and about 120 people
attended. They were blown away, and
Val Demings, then the Police Chief with
OPD, said they were 100% on board with
the program.
In December, Chip, Officer Derwin
Bradley, who is now in charge of
the program for OPD, and I went to
Jacksonville and spent a day and a night
to observe how the program is run and
do a ‘ride along.’ We then scheduled
Phase 1 training for 115 managers here
in January 2010. Seven different sheriffs’
departments showed up, including
Daytona Beach and South Daytona
Beach, Bushnell, Wildwood, Oviedo, and
Winter Garden.”
Finally on February 3, 2011, the City
of Orlando formally adopted the Orlando
Crime Free Multi-Housing (CFMH)
program. As Orlando Mayor Buddy Dyer
said upon the occasion, “People say you
have to get rid of the crime before you
improve the neighborhood. But it’s really
the other way around: You have to improve
the neighborhood to get rid of the crime.”
Participants must go through
three phases for certification in the
program:
*Phase 1 Manager Certification.
Property managers and staff
attend an eight-hour training
class conducted by the police
MultifamilyFLORIDA l FALL 2011 l 11
12 l MultifamilyFLORIDA l FALL 2011
department and receive certification at
the end of the class.
*Phase 2 Crime Prevention Through
Environmental Design (CPTED)
Inspection. The property must install,
or already employ, single cylinder metal
dead bolts on all single entry units (a
metal 1-inch throw at minimum); 180
degree eye viewers on all front doors;
3-inch screws in the strike plates of the
door; anti-lift/slide devices on sliding
windows and doors (except for second
floor and higher units where no outside
access is reasonably possible); and
compliance with minimum Crime Free
landscaping and lighting requirements.
*Phase 3 Resident Safety Social.
Members of the Police Department
CFMHP unit will attend a “Safety
Social” for residents at the rental
property. They will provide information
about general safety principles
and crime prevention, including
Neighborhood Watch information. They
will also explain the Crime Free Multi-
Housing Program to the residents of
the community. Property managers are
encouraged to offer food, drink, and
a “children friendly” environment to
encourage everyone in the community
to attend. Once these requirements
are met, the property manager may
purchase signage that will identify
their property as a participant in the
program. Certificates are also given out
for each phase of the program once it
is completed. The Crime Free Multi-
Housing Program coordinators will
work closely and assist the apartment
managers as needed. All residents
moving in or renewing their lease
will be required to sign the Crime-
Free Addendum once the property is
certified.
So far, according to OPD Zone
Coordinator Derwin Bradley, 62 apartment
communities in Orange County have
signed up and 17 have completed all
phases of certification. He said he has seen
a dramatic drop in police calls in those
communities that are active on the program.
“Our database captures all arrest
activity, and we send an email to the
properties letting them know,” Bradley
said. “They can then send eviction
notices. One property on Orange Blossom
Trail had multiple police calls daily,
but once they got certified and provided
the lease addendum to all new renters
and renewals, they were able to evict
a lot of the bad apples. Since starting
the program in this area on February
3rd, we have arrested 100 people and
93 have been evicted. We have one guy
challenging his eviction on a domestic
violence charge, but everyone else just
goes. We find it helps us calm down a
community that has been having trouble.”
The training for the program can be eye
opening even for experienced managers.
“They train the entire staff of the
apartment community, because the
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MultifamilyFLORIDA l FALL 2011 l 13
warning signs of drugs or crime are seen
most often by service people, when they
find a baggie on the tennis court, or
seeing evidence while doing a service
request,” Lori said.
“You see that a lot of common household
products when used in a certain way
indicate drug activity, but you wouldn’t
notice unless you knew what to look for.
“I had a couple of Jacksonville
managers drive along with me at night
to a couple of properties and one guy
said ‘Look over there.’ I didn’t even
notice, but he saw a guy sitting in a
car. He said, ‘That is a sign of trouble;
a guy just sitting around waiting; nine
out of ten times, it’s either drug- or
prostitution-related.’ Once they trained
me to look for that, I was surprised by
how much I saw.”
The backbone of the program is the
Crime-Free Lease Addendum, which lists
specific criminal acts that, if committed
either on or off the property, will result
in the immediate termination of the
resident’s lease.
“The addendum is a very powerful
tool, because the residents agree in
writing that should they or any guests
be arrested for any of the following
offenses, including marijuana
possession, they can be evicted,” Lori
said. “If the resident is arrested for a
crime 20 miles away, you can evict that
person—even if it wasn’t committed on
your property. It’s so powerful that Legal
Aid in Jacksonville will no longer help
a resident evicted after signing a Crime-
Free addendum. The police department
will actually back up the apartment
owner if they are sued for a murder or
some other serious crime on property.
“And finally, if you are ever evicted
for violating the Crime-Free addendum,
you can never move into another crime-
free community. The idea is that you’re
not moving a problem from property
to property; you’re moving problems
out. Making this a statewide database,
which Lexis Nexis/Resident Data is
looking into funding, will make the
entire program more effective. It’s only
going to be really powerful if we get
huge penetration of the program into the
Central Florida area. It doesn’t cost any
money to participate,” she said.
One of the first properties to complete
the certification in Orlando was Danube
Apts., managed by Strong Management.
Manager Steven Curry said that it took a
couple of months to complete the physical
modifications, but he has seen a dropoff
in crime.
“We had to cut away a lot of the trees
and brush, and I had to add a lot of
lighting,” he said. “We signed a contract
with Orlando Utilities Commission when
they added the new lights, and that has
added a cost of about $450 per month.
We already had a lease addendum
covering criminal activity, but this one
is more comprehensive. I’ve only had to
Tampa Bay Area 1.866.976.EASYCentral Florida Area 1.877.892.EASY
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14 l MultifamilyFLORIDA l FALL 2011
evict a couple of people so far. Criminal
activity wasn’t terrible here, but the
program has been good for us.”
There have already been some
significant success stories in
Jacksonville, Orlando, and Daytona
Beach, where the program has been
instituted. In Orlando, The Palms
Apartments on Mercy Drive had been
a hotbed of violent crime among its
more than 1000 residents for years.
As the Orlando Sentinel reported,
a triple homicide in the summer of
2008 prompted city police to finally
change their approach. They and local
elected leaders decided that instead
of responding to repeated 911 calls,
they could prevent crime by improving
living conditions at The Palms and
weeding out problem residents. They
started “Operation Free Palms in early
2009 and got the community involved
with the Crime-Free Multi-Housing
Program.
Then Police Chief Val Demings,
realizing that much of the crime that
had been happening at The Palms was
committed by people who should not
have even been living there, worked
with apartment management to ensure
that new rental applicants were given
thorough criminal background checks.
This research found that a large number
of current residents were single mothers,
many of whom allowed their boyfriends
or children with criminal records to
move in while management ignored the
trend. Under the new program, the worst
of these offenders were evicted. Two
police officers were assigned full time to
The Palms. When they are not on duty,
other officers patrol the community until
private, armed security guards report for
the overnight shift.
Also under terms of the program,
Orlando Police have spearheaded
the formation of a trio of residents’
committees that address quality-of-
life issues. Together, they have done
everything from plant trees and improved
landscaping to enrolling many of The
Palms’ estimated 600 children in after-
school activities. Orlando officials are
also working with a nonprofit group to
build a playground.”1
In Jacksonville, Eureka Gardens
has been notorious for its high level of
violent crime, with 12 murders in five
years and entrenched gang, drug, and
prostitution activity. It is a sprawling,
400-unit community that covers three
streets, so it is hard to manage and
keep contained. In the three years
since they’ve gone onto the Crime-Free
program, they’ve had two murders in
total, one of them a resident shooting
someone who had broken into his
apartment. Still the community faces an
uphill fight to root out the problems.
“BMLR signed up three of our
properties from day one, and it has
been very good for us,” said Eureka
Gardens Manager Holy Garrard. “Crime
has dropped 40% in three years. We
have a great relationship with the JSO
(Jacksonville Sheriff’s Office) and other
management companies. We have our
own security substation that the JSO
can use. Sometimes we’ll see evidence
of people gathering and pass it along
to the police to check out, and they
reciprocate when they find out something.
The police will go to court on our behalf
if necessary. We’ve also found that
residents have helped the police with tips
on some crimes in the area, not just on
our property.
“The database has been wonderful,”
she said. “We pull up crime statistics
daily and can see where calls for
police service have occurred, or if
certain residents are creating a major
annoyance. It helps us trespass anyone
who doesn’t live here that has caused
a problem on the property, and we can
evict the resident.
“There was a lot of turnover at
first, and putting in new lighting was
expensive, but we make up for it with
less property damage and skips. This is
a tax-credit property, so everyone has
to qualify, but we seem to be getting
residents who care more about the
community. The residents who have
remained have told us there has been a
definite change for the better.”
Jacksonville’s Kendall Court also had to
fight a bad reputation for crime, and reports
an enormous change since adopting the
Crime-Free Multi-Housing program.
“The lease addendum is a very
powerful tool,” said assistant manager
Shuronda Reese. “When we go over the
crime-free policies in the qualifying
process, the people who have had major
problems always say they’ll come back
later or ask to take the lease with them,
and we never see them again. And for
good people, it’s a selling point,” she said.
“I’ve had people say they are a single
mother or they have kids, and they don’t
want them exposed to any foolishness.
“Now, we don’t have people hanging
out at all hours anymore, and we’ve had
a big drop in criminal activity. We are
showing the residents that we are trying to
build a community here, and most of them
appreciate it. We encourage residents to
report problems, and they often do.”
Both Daytona Beach and South
Daytona Beach have joined the program.
In South Daytona, nine communities
MultifamilyFLORIDA l FALL 2011 l 15
totaling more than 1100 units have
gained certification.
“It’s an easy program to follow.
The best part of the program is that
owners, managers, and tenants having
a relationship with the city’s police
officers,” said Amy Johnson, owner of the
Gina Apartments. Johnson was the city’s
first landlord to complete Phase III of the
program, which began last December.
“I think it’s a very good program.
It’s good to be in partnership with the
Police Department and that is good for
the neighborhood and its residents,”
said Kim Rich, manager of the Hidden
Oaks Apartments.
“Officers also enforce the no-
loitering policy; no good comes
from people just hanging out in
the breezeway or the parking lot,”
Lori said. “If people have to walk
through a group of a dozen thugs,
it’s very intimidating. You don’t rent
the breezeway; you don’t rent the
parking lot. You can go to an approved
common area, especially people who
don’t live on property. And that’s one
of our biggest problems managing
communities.
“One property we visited in Jacksonville,
at 4:00 in the afternoon, a group of 8 or
10 guys in tee shirts and doo-rags were
hanging out, near three or four women with
a few kids riding their Big Wheels. I asked
the manager, ‘What do you do here?’ She
replied, ‘I tell them that they can go to an
approved common area or back to their
apartments. And that goes for both groups.’
“When she did this, I was amazed how
cooperative everyone was, and they moved
along without a word. I expected some
confrontation. The program develops a
good relationship between law enforcement
and residents as well as law enforcement
and management. Some of these residents,
since they have gotten to know the police
officers, will go to them and let them know
when problems have occurred after they
left. Police involved in this program in
Jacksonville are assigned to the apartment
communities; they don’t respond to any
other calls except those on Crime-Free
properties. They give their cell phone
numbers out to residents, and they are
much more willing to provide anonymous
tips. It was really interesting to see that.”
In his 30 years with the police
department, Captain Bowen said, “I’ve seen
a lot of programs come and go, but I think
this one is very effective, and for the amount
of time and energy you put into it, you can
get great results. It engages not only the
police department but also the management
of the apartment communities, the owners,
and the residents. It’s a total approach that
brings great results.” ●
Material about The Palms Apartments
taken from “Orlando Cracks Down on
Crime at More Apartment Complexes,” by
Mark Schlueb, Orlando Sentinel, 2/27/10.
544974_Mallard.indd 1 8/5/11 10:19:50 PM
16 l MultifamilyFLORIDA l FALL 2011
MARKETReport
SC
NC
PHNE
C
BA
SESW
Apartment property operations in Orlando continue
to strengthen, but the pace of improvement will ease
slightly over the remainder of 2011, according to Marcus
& Millichap’s latest market report. The release of pent-up
demand and re-staffing by employers ignited a substantial
improvement in tenant demand over the past year, generating
net absorption of more than 4,200 apartments. Employers,
though, will likely temper hiring in the months ahead due
to the slow tourist season and lingering softness in the U.S.
economy.
Single-family home foreclosures and the resulting
migration of many former homeowners to rentals will also
play a diminished role in the third quarter due to recent
delays in processing foreclosure cases. While a period of
slower tenant demand growth looms, the market nonetheless
remains firmly on a recovery path, as evidenced by five
consecutive quarters of vacancy decreases and a gradual rise
in rents.
The market’s Class B/C sector, especially, continues to gain
ground as availability of high-end rentals in the most desirable
residential areas continues to wane.
The recovery thus far in Orlando continues to sustain a surge
in investment activity, with closings rising steeply over the past
year. Investment strategies remain virtually unchanged from
earlier in the year, as recent reductions in prices enable investors
to expand local portfolios.
Demand for large, Class A complexes remains keen, with cap
rates in the low- to mid-6% range. Smaller investors also remain
active, aided by expanded access to financing. Surging renter
volume continues to enable property owners to rebuild NOIs, and
efforts to raise rents will intensify in the months ahead as leases
signed in the past year roll over.
On average, asking rents in the metro remain about 5%
below their pre-recession peak, but they have clearly risen from
the bottom of the market early last year as vacancy declined.
Owners will continue to test the market to determine what
tenants are willing to bear, but more substantial rent growth
than that projected this year will not likely occur until job
creation accelerates. As a result, a more robust recovery in
NOIs will be delayed.
FORECAST
Employment: Total employment in the metro will expand 1.9%,
or by 19,000 workers, in 2011. Following two years of deep job
cuts, employment started to recover in 2010 with the addition of
15,600 positions.
Construction: Only 400 new apartments will come online in
2011, down from more than 1,300 units last year. The planning
pipeline remains modest, numbering roughly 8,000 units. None
of the planned projects is slated to start construction.
Vacancy: Reduced job growth in the second half of the year will
slow tenant demand. For the year, vacancy will decrease 150 basis
points to 7.1%, following a 260 basis point plunge last year fueled by
the release of pent-up demand.
Rents: Asking rents will increase 2.6% in 2011 to $861 per
month, compared with a 0.4% downturn last year. Effective rents
ticked down 0.1% in 2010, but will advance 3.2% this year to $797
per month as owners gradually withdraw concessions.
South Florida multifamily sales transaction volume for
the first half of 2011 realized a 105% increase over the
same period last year. A total of 11 multifamily sales were
tracked during the first half of 2011, equating to a volume of
$253,439,701. The volume during that same period last year
was only $123,404,000.
According to Douglas E. Driver, CCIM, is senior director
in the Fort Lauderdale office of Franklin Street Financial
Apartment Moves
MultifamilyFLORIDA l FALL 2011 l 17
Services, this increase was driven by the large number of
apartment communities listed for sale at the beginning of
this year, combined with a recovering rental market and the
increased availability of capital to finance new acquisitions.
This is despite the surprisingly low transaction volume during
the first quarter of 2011, which was similar to the first quarter
of 2010.
The majority of transactions during the first half of 2011
were “traditional” multifamily rental communities, accounting
for 77% or nine of the 11 sales. Only two distressed sales,
including one bulk condo sale, transpired during the first half
of 2011. This is in direct contrast to the same period last year
where distressed sales accounted approximately half of all
transactions tracked. In total for 2010, distressed sales and
bulk condo sales, accounted for 40% of the total transaction
volume.
The average price per unit during the first half of this year
was $86,479, which is a 21% increase over the same period last
year at $71,454 per unit.
Capitalization rates continue to reflect the high demand
for multifamily assets. Reported cap rates for all apartment
categories ranged from 5.0% to 10.0%, with a median cap rate of
6.0% and an average cap rate of 6.25%.
The low cap rates for multifamily assets seem to be driven
by the increasing demand by for apartments by both private
and institutional investors. It seems that many of institutional
investors that have been quietly waiting on the sidelines for the
past few years have become some of the most aggressive buyers
in the market for Class A and B properties. However, private
investors still dominated as buyers so far in 2011, especially for
Class B and C type product.
Institutions dominated as sellers, with six of the eight
properties sold by institutional owners. The following pages
contain the multifamily sales tracked during the last four
quarters.
FINANCE
Freddie to Step up Multifamily LoansFreddie Mac plans to accelerate its program to purchase loans
backed by apartment buildings, increasing the availability of
financing for landlords and helping to bolster the multifamily
real-estate market.
Freddie Mac, the government-backed mortgage-finance
giant, will likely fund more than $16 billion in apartment-
building loans this year, up from $14.8 billion in 2010, said
David Brickman, head of multifamily funding for the McLean,
VA, company.
The bulk of the loans will be packaged into commercial
mortgage-backed securities and sold to investors, which have
shown strong demand for CMBS that are issued by government-
backed entities such as Freddie Mac and Fannie Mae.
Fannie Mae invested $10.5 billion in the multifamily market
for the first half of this year, putting it on track to exceed the
$16.9 billion in purchases for last year. At the same time,
investors have been stepping away from CMBS packaged and
sold by private investment banks.
“It’s been steady growth, and that’s a very stark contrast
to what’s been going on in the [private] market,” said Freddie
Mac’s Mr. Brickman. “We are getting very strong support from
the market.”
The demand for Freddie Mac’s commercial mortgage
bonds was apparent in July, when its eighth deal of the year
was caught in the middle of a ratings drama. An 11th-hour
internal review at Standard & Poor’s had prevented the firm
from delivering final ratings on a $1.5 billion CMBS offering
from Goldman Sachs Group Inc. and Citigroup Inc. and on a
$1.04 billion offering from Freddie Mac. But Freddie Mac’s
deal went off anyway, as investors told dealers they were
comfortable with the Freddie Mac CMBS, even with just the
single Fitch rating.
The disparity illustrates the fragile state of the $700 billion
CMBS market just two years after it began to recover. As investors
backed away from risky assets this summer and were met with
greater rating uncertainty, banks are halting loans in the pipeline
or renegotiating them with less favorable terms, said David
Viklund, a real-estate lawyer at Paul Hastings in New York.
Meanwhile, yields on Freddie Mac CMBS, called K
Certificates, are about 3.13%, 0.84 percentage point over a
common benchmark. Yields on top-rated, private CMBS are
running at about 4.84%.
The apartment-building sector, the only type of commercial
real estate funded through federally backed programs, may be
able to withstand any hiccups in the economic recovery, analysts
said. In addition to funding availability, rising rents and a lack
of supply in many regions are acting as tail winds for apartment-
building values.
By contrast, office buildings and retail stores have been
the main beneficiaries of the private CMBS market, with those
sectors constituting nearly 80% of CMBS in the last quarter,
according to Moody’s Investors Service. Multifamily was “well
represented” in precrisis CMBS, though the delinquency rate on
those loans has soared to about 15%, making it one of the worst
performing sectors of CMBS, Moody’s said.
Source: Al Yoon, Wall Street Journal
18 l MultifamilyFLORIDA l FALL 2011
FHA Sinks More than $10 Billion Into Multifamily Housing
Bryan Ellis Real Estate Letter
Since October of last year, the Federal Housing
Administration has put $10.5 billion into multifamily rental
housing loans. This marks only the second time in the
agency’s history that it has funded more than $10 billion in
such loans. A newly released National Mortgage Professional
report confirms: “Never in the history of the Federal Housing
Administration has there been such demand for FHA-insured
financing to build, rehabilitate, or refinance multifamily
apartment communities.” Acting FHA Commissioner Carol
Galante adds that the spike in lending shows that “FHA has
never been more relevant.”
To this end, she and her staff have pledged to accelerate the
loan application process to insure that the agency continues to meet
lending demands. Meanwhile demand for apartments is fueling
some robust construction activity, with multifamily housing starts
increasing 7.8 percent during July.
Multifamily Energy Efficiency Pilot Program LaunchedThe U.S. Department of Housing and Urban Development
announced that $25 million is available through HUD’s new
Multifamily Energy Efficiency Pilot program. Once awarded,
these grants will help develop new innovative approaches
for multifamily residential properties to reduce their energy
consumption, lower greenhouse gas emissions, while saving
money for the residents, property owners and taxpayers.
“HUD is extremely excited about this pilot program because
it aligns with the goals of the Administration to create green
jobs and build sustainable communities,” said Acting Federal
Housing Commissioner Carol Galante. “The innovations that
flow from this pilot program will serve as models to create
future industry standards in energy efficiency.
“Rather than tell applicants what we want to see, we are
asking the private sector to develop new innovative approaches
to create jobs and help people save energy and save money.
Since these grants will be complemented by private capital, the
investors will also have a unique opportunity to become leaders
in helping make affordable multifamily homes greener,” said
Theodore Toon, Associate Deputy Assistant Secretary for HUD’s
Office of Affordable Housing Preservation.
The goal of the pilot program is to develop ideas and
mechanisms that could potentially be replicated nationally,
as well as help create industry standards in the home energy
efficiency retrofit market. In addition, the pilot program
will create a public/private partnership as a result of capital
investments from private industries and create green jobs in
construction, property management, and technical analysis
(e.g. energy audits and building commissioning), including
opportunities for low-income residents.
HUD’s mission is to create strong, sustainable, inclusive
communities and quality affordable homes for all. HUD
is working to strengthen the housing market to bolster the
economy and protect consumers; meet the need for quality
affordable rental homes: utilize housing as a platform for
improving quality of life; build inclusive and sustainable
communities free from discrimination; and transform the way
HUD does business. ●
Source: U.S. Department of Housing and Urban Development
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MultifamilyFLORIDA l FALL 2011 l 19
MILESTONES
IN THENews
PEOPLE
In Memoriam: Doug McGrathA Past President of the Florida
Apartment Association, Douglas Joseph
McGrath, Sr. died in Orlando on June
29, 2011, aged 76. Doug was born in
Kingston, Ontario, Canada in 1935 and
moved to Orlando in 1973. He served
for two years as President of FAA, in
1980 and 1981, and also served two
terms as President of the old Central
Florida Multi-Housing Association,
now Apartment Association of Greater
Orlando, in 1979 and 1985. Prior to
retirement, he was self-employed in Real
Estate Management.
Doug was preceded in death by two
of his children, Andrew and Michelle.
He is survived by five children, Joey,
Kerry, Patty, Amy, and China, and 15
grandchildren. He is also survived by his
sister Anne Carthy; brother Ed McGrath;
and three stepchildren, Noel, Erin,
and Blaine. He was blessed with two
marriages to Andrea McGrath and Janice
McGrath. The family would like to give a
special thank you to his “niece,” Annette
Threlfall, for the loving care and special
attention that she always gave to Doug.
Annette met Doug 22 years ago when
she came from England to serve as a
nanny for his daughter China, and spent a
lot of time taking care of him since having
heart bypass surgery in 1999 and his first
stroke in 2000. She and her husband even
bought their first house three streets over
so she could be near him.
“Whatever was thrown at him, he
was a fighter,” Annette said.” “He’s the
strongest man I ever knew. When the
doctors said he’d never walk again, he
worked on his rehab and proved them
wrong. He had no feeling on his right
side, but was able to walk with a cane.
He’d pay a little boy in the neighborhood
five dollars a day to walk with him for
company and to make sure he had help
if he fell, and he’d ride a tricycle to the
nearby Albertson’s to buy his groceries
and ride back. He was amazing. He was
also stubborn and he liked things his
way. When he went into a rehab center
last year, he’d tell me he didn’t like to be
around ‘old people.’
“Doug loved a good meal and a few
drinks, and he loved chocolate,” she
said. “He might have had a few drinks
the night before, but would always get
up in the morning to do his walking.
He always claimed he liked to live with
moderation, that his middle name was
“Moderation,’ but I think he had too
much appetite for life to do that.”
As Donna Reiter of Appliance
Warehouse remembers, “When I served
on various Boards with Doug many
years ago, he was always the one who
looked at things differently and raised
questions that made us say, ‘I didn’t
think of it that way!’ He loved to shoot
something out and make the rest of us
sit back in our seats, squirm, and think
about it. We loved it when he attended
our Board meetings, but they would
always go over the time slot when he
was there. When he didn’t attend, we
all knew we would get out on time,
which became a standing joke!
“Knowing Doug changed my life. I
will always be grateful for his guidance
throughout my career in property
management and I am forever thankful for
his friendship since 1980. He was ‘one of a
kind,’” said Kathy Weaver of Winter Park.
“I have so many fond memories of
this wonderful man!” said Barbara
Sheridan-Geil of For Rent Media
Solutions. “I had the honor (sometimes
a dubious one) of working for Doug for
about four years during the mid 1980s.
He was always a tough taskmaster, but it
made all those around him work harder
to achieve their full potential. He was
the smartest man I ever met. Not just
in the business world, but also in life
lessons. He was devoted to his children
and I am sure that losing his daughter,
Michelle, was the darkest time in his
20 l MultifamilyFLORIDA l FALL 2011
life, yet he continued on to inspire
everyone around him.
“I loved serving on the Board of
Directors with him because he would
constantly ‘challenge’ the other board
members! I would have a hard time
not laughing, but he was always right!!
Doug made people think. I was honored
to call Doug my friend and have many
found memories of ‘partying’ together.
He could outlast them all at FAA and be
the first one downstairs for coffee in the
morning, looking as if he had enjoyed 10
hours of sleep!
“Even after his strokes, he NEVER
complained or felt sorry for himself…he
just dealt with it! Amazing! He left this
world a better place because he had
been part of it. He will be missed and
fondly remembered by many.”
RIP: HARRY HOOVER
Deputies in Seminole County were
investigating a homicide on May 17 near
Altamonte Springs. The victim was Harry
Hoover, 44, a former manager at the Q of
Maitland Apts. Harry was found inside his
rental home on Timothy Street near Jerome
Way in Apopka, dead of a gunshot wound.
Harry was born on November 5, 1966,
in Elizabeth, NJ, to Chick Earley and the
late Francis Buteau. He graduated 1984
from Waverly High School in Charlotte,
NC and attended Morrisville College
in NY. He served in the Arm y. Harry
worked for Carter-Haston for 13 years.
547287_Prevail.indd 1 9/3/11 10:35:47 AM
He is survived by his mother, Chick
Earley of Charlotte, NC; father, Ken
Hoover of Hardy, VA; and brothers; John
Hoover and his wife Darlene of Roanoke,
VA, Ken Hoover and his wife Jennifer of
Matthews, NC, Jason “Chip” Hoover and
his wife Janelle of Charlotte, NC.
In lieu of flowers, donations
may be made in his memory to
Wounded Warriors Project, www.
woundedwarriorproject.org Heritage
Funeral Home, Indian Trail Chapel, 4431
Old Monroe Rd, Indian Trail, NC 28079
is assisting the family.
JENNESSE TO LEAD CRESCENT
RESOURCES’ FLA., GA.
RESIDENTIAL PROJECTS
Margaret Jennesse, a former St.
Joe Co. and LandMar Group executive
has been selected to lead Crescent
Resources’ residential projects in
Florida and Georgia. As senior
vice president, Margaret will guide
Crescent’s new acquisitions in Florida
and Georgia and oversee some of
Crescent’s existing communities,
including The River Club in Suwanee,
GA; BridgeWater in Lakeland; and
Grand Hampton in Tampa.
Margaret has 20 years of experience
working in all aspects of real estate
development. Her focus has been creating
large-scale, master-planned communities
with amenities, as well as financial
535798_America.indd 1 7/18/11 8:50:17 PM529594_Common.indd 1 5/2/11 9:45:59 PM
MultifamilyFLORIDA l FALL 2011 l 21
FOWLER, HEIN, CHEATWOOD& WILLIAMS, P.A.
ATTORNEYS AT LAW
Specializing in Fair Housing Complaints Throughout the U.S.
Corporate Legal Counsel for Apartment Management Companies Nationwide
Providing Legal Services for Apartment Owners and Managers in All Areas of Apartment Law
Toll Free 1.866.967.9279 Fax 404.325.9721 www.ApartmentLaw.com
Robert P. HeinJ. Steven CheatwoodJ. Mike Williams
Alain C. DidierJustin D. Kreindel
Elizabeth L. Edwards
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management and fostering community
participation.
“Margaret knows Florida and Georgia
as well as anybody, and her expertise in
planning and residential development
will be a valuable asset for our efforts in
those regions,” Rick Mildner, Crescent
Resources’ senior vice president of
residential, said in a news release. “She
is a tremendous talent, and we’re thrilled
to have her on our team.”
Tampa-based The Wilson Company
appointed Doug Selin to the position of
Chief Financial Officer effective April
22, 2011. Doug brings more than 22
years of real estate experience to the
Wilson Company, including ten years
of multifamily experience with Concord
Management, where he most recently
served as the company’s Chief Financial
Officer. In addition to his multifamily
experience, Doug has 12 years of
commercial real estate experience with
the Colliers International organization.
Hendricks & Partners has
promoted Mary Beale to broker
assistant. Beale will assist Cole
Whitaker and Associate Director Hal
Warren to focus on sales of multifamily
properties. Whitaker said Beale, a
graduate of Florida State University,
most recently served as an intern at
Hendricks & Partners.
COMPANIES
Flagler Real Estate Services, LLC (FRES) announced a strategic
alliance that will effectively expand its
offerings into the multifamily sector.
FRES has joined forces with Auker
Developments, a multifamily development
and management company.
With Auker Developments, FRES
brings in seasoned veteran Scott Auker
and his experience gained through
the development, construction, or
management of more than 5,000
multifamily rental and condominium
units throughout the Southeast and Mid-
Atlantic states. His primary focus will
be advising developers, investors and
landowners in the acquisition, disposition
and development of multifamily
properties in the Southeast.
Brentwood, TN-based Brookdale Senior Living has acquired Tampa-
based Horizon Realty LLC, giving
Brookdale 95 properties in 19 states.
Horizon owned nearly two dozen
properties in Florida.
Colliers International of Tampa Bay has launched a new brokerage
group for senior housing, called Colliers
National Senior Housing Group. Ken Carriero will serve as Regional Director
and SVP, with his son Damien working
as Associate Director. Colliers said it
already has $49 million in listings.
Carrollton, TX-based Real Page,
which provides on-demand software
and software-enabled services to the
rental housing industry, has acquired
22 l MultifamilyFLORIDA l FALL 2011
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Multifamily Technology Solutions, Inc.
(MTS) which offers an Internet listing
service for rental properties marketed
under the trade name MyNewPlace
and a suite of syndication and organic
lead generation tools marketed
under the trade name Rent Engine.
The Company will acquire MTS for
approximately $74.4 million, net
of cash expected to be acquired.
The purchase price will consist of
approximately $63.6 million in cash
and approximately $10.8 million paid
with shares of RealPage common stock.
MyNewPlace® has approximately
7,500 property listings with 1.8 million
rental units. Approximately 500,000
of these units do not presently use
any RealPage products and services.
These unique units will increase the
total number of units using one or more
RealPage products and services to 6.9
million units. ●
541851_ET.indd 1 7/22/11 4:54:48 PM520446_Accelerated.indd 1 2/28/11 4:49:13 PM
MultifamilyFLORIDA l FALL 2011 l 23
PRODUCT/SERVICECouncil The companies listed below are current members of FAA’s Product/Service Council. The Council gives
associate members a voice in FAA affairs. Members are listed in each issue of Multifamily Florida.
ADVERTISING & PUBLICATIONS
Linda BeachApartment Finder of Greater OrlandoOrlando, [email protected] GausApartment GuideOrlando, [email protected] HaireApartment GuideOrlando, [email protected] ReganApartment GuideBoca Raton, [email protected] F. HarrisApartment Leasing Experts, Inc.Tampa, [email protected] MillsApartment-Condominium Vendor GuideMaitland, [email protected] GarciaApartmentos Para Rentar/For Rent Media SolutionsFt. Lauderdale, [email protected] PatenaudeApartments.comChicago, [email protected] JonesConsumer Source/Apartment GuideVirginia Beach, [email protected] HillerFor Rent Media SolutionsOrlando, [email protected] RichieFor Rent Media SolutionsOrlando, [email protected] RonesFor Rent Media SolutionsFt Lauderdale, [email protected] Sheridan-GeilFor Rent Media SolutionsOrlando, [email protected] Beth SuarezFor Rent Media SolutionsTampa, [email protected] ChristyFor Rent/Southwest Apartment GuidePort Charlotte, [email protected] MayforthFor Rent/Southwest Apartment GuidePort Charlotte, [email protected]
Cari GarciaMove.comWestlake Village, [email protected] StoutMulti-Family VideoDelray Beach, [email protected] FoxworthNorthwest Florida Apartment GuideGulf Breeze, [email protected] HirschProperty Manager PagesPompano Beach, [email protected] NikolinRent.comSanta Monica, [email protected] WilsonSpherexx.comTulsa, [email protected]
AIR CONDITIONING/HEATING
Paul RichardsArmstrong Air & HeatingWinter Garden, [email protected]
APARTMENT INDUSTRY JOB LISTINGS
Juli BeckmanApartmentJobs.comLakeland, [email protected]
APARTMENT PROMOTIONS
Barry LubinAIM Cruise IncentivesAgoura Hills, [email protected] MoyeCapture the MarketDallas, [email protected] VinigExecutive Sweets and GiftsFt Lauderdale, [email protected] ZeffLeaseLabsSan Diego, [email protected] WilhelmMagic Business FormsWinter Park, [email protected] KleinstubWorld Advertising of FloridaTampa, [email protected]
APARTMENT PROPERTY SIGNS
Jackie CauseyCreative Sign DesignsTampa, [email protected]
APPLIANCES
Tony SculthorpeAppliance WarehouseOviedo, [email protected] ReiterAppliance Warehouse of America, Inc.Winter Park, [email protected] GrausamARD AppliancesMiami, [email protected] KivoARD AppliancesMiami, [email protected] PattishallARD AppliancesMiami, [email protected] RuizARD AppliancesMiami, [email protected] ProvoDimplex Grills for ApartmentsMiami, [email protected] GonzalezRapco SupplyKissimmee, [email protected]
ASPHALT PAVING
Ken GoldbergM&M Asphalt MaintenanceLake Worth, [email protected] VollmerPro Way Paving Systems, LLCRiverview, [email protected] ConnellyU.S. Pavement Services Inc.Hollywood, [email protected]
ATTORNEYS
Patricia ReddingCollect SoutheastLake Mary, [email protected] P. Hein, P.C.Fowler, Hein, Cheatwood & Williams, P.A.Atlanta, [email protected] HeistLaw Offices of Heist, Weisse, & Davis, P.A.Clearwater, [email protected]
BUILDING MATERIALS/SUPPLIES
Nelsy LeybaDixie Plywood of OrlandoOrlando, [email protected]
24 l MultifamilyFLORIDA l FALL 2011
Pat NixonDogwood Building SupplyWinston Salem, [email protected]
BUILDING REPAIR (STRATEGIC)
Paul WoodwardAmerican Building Contractors Insurance Restoration Services, Inc.Deerfield Beach, [email protected]
CABLE, INTERNET &COMMUNICATIONS PROVIDERS
Darrell BrightBright House NetworksMaitland, [email protected] BellBroadStar CommunicationsWilliamstown, [email protected] W. BouseBroadStar CommunicationsOrlando, [email protected] FilebarkCenturyLinkApopka, [email protected] BurrDIRECPATHAltanta, [email protected] LenderHotwire CommunicationsHollywood, [email protected]
CALL ANSWERING & TRACKING
Millie GayleCallMaXAcworth, [email protected] BavetzCallSourceWestlake Village, [email protected]
CARPET & FLOORING
Dallas ChapmanBeaulieu of AmericaDalton, [email protected] B. SmithCutting Edge Carpet, Inc.Orlando, [email protected] MaciewiczHouse of FloorsLongwood, [email protected] MaciewiczHouse of FloorsLongwood, FL407-830-6999 [email protected] A. FusinattoHouse of Floors of Jacksonville, Inc.Jacksonville, [email protected] BrodskyHouse of Floors of Palm Beach, Inc.Boca Raton, [email protected]
Tara SimmonsHouse of Floors of Sarasota, Inc.Tallevast, [email protected] BrodskyHouse of Floors of Tampa, Inc.Tampa, [email protected] BrantLifestyle Carpets, Inc.Tampa, [email protected] GraulichRedi Carpet Sales of Florida, Inc.Orlando, [email protected] DeRisiThe Carpet Company 3Orlando, [email protected]
COLLECTIONS & SCREENING
Doug MillsAmeriscapesLutz, [email protected] DreherAssociated Credit & Collection Bureau, Inc.Rockledge, [email protected] CullaroCapstone Credit & Collections, LLCLutz, [email protected] FougerousseIdeal Collection Services, Inc.Tampa, [email protected] WeldonLexis-Nexis Resident DataWindermere, [email protected] MannNational Credit SystemsKissimmee, [email protected] GrayNCC Business ServicesJacksonville, [email protected] KordonRecoverezCollege Park, [email protected] KleinScreening ReportsNaperville, [email protected] LohonenSouthern Management SystemsOrlando, [email protected] HelmsSureDepositOrlando, [email protected] E. SanchezUnited Screening ServicesMiami, [email protected]
COMPUTER SOFTWARE FORPROPERTY MGMT.
Kateri BainBlueLink, LLCAtlanta, [email protected] HirschBuyers AccessDenver, [email protected] McCannOn-Site.comAtlanta, [email protected] SchwartzProperty SolutionsProvo, [email protected] BlackwellRealPage, Inc.Carrollton, [email protected] MillerSatisfacts ResearchLutherville, [email protected] SetserYardi Systems, Inc.Goleta, [email protected]
COMPUTERIZED KEY CONTROL
Kristi MillerHandyTrac SystemsAlpharetta, [email protected] ThomasKeyTrak, Inc.Indian Rocks Beach, [email protected] Q. DanielsTRAKA USALongwood, [email protected]
DISASTER RESPONSE
Drew ClarkCoastal Reconstruction GroupWinter Park, [email protected] MullerDecon EnvironmentalFt. Lauderdale, [email protected] KellyWayne Automatic Fire Sprinklers, Inc.Ocoee, [email protected]
ELEVATOR INSPECTIONS & CONSULTING
Lee RigsbyVertical Assessment Associates, LLCTallahassee, [email protected]
FAUCET MANUFACTURER
Todd BordenMoen IncorporatedLithia, [email protected]
MultifamilyFLORIDA l FALL 2011 l 25
FIRE & WATER DAMAGE REPAIR
Christine EricksonErickson’s Drying SystemsFt. Myers, [email protected] LumbardInstar Services GroupTampa, [email protected] KleinRemediation Group, Inc.Ft Lauderdale, [email protected]
FITNESS EQUIPMENT
Richard WasserlaufCommerical Fitness ProductsSunrise, [email protected] YoungExercise Systems, Inc.Orlando, [email protected]
FOUNTAIN & AERATION
Chris ByrneVertex Water FeaturesPompano Beach, [email protected]
GENERAL CONTRACTORS
Skip HuddlestonAAPCO Southeast, Inc.Concord, [email protected] RifenburgBonel Building Corp.Tampa, [email protected] KnightC&N RenovationThonotosassa, [email protected] CookMultifamily Renovations, LLCDaytona Beach Shores, [email protected] CooperNRI Construction, Inc.Atlanta, [email protected] MagdaThe Renovation Group, Inc.Brentwood, [email protected] FehrWindsor RedevelopmentOldsmar, [email protected]
GROUNDS MAINTENANCE &LANDSCAPING
Dale PritchardA Greener Image, Inc.Jacksonville, [email protected] StantonAmeriscape Services, Inc.Lutz, [email protected]
David ClariusCommon Areas Maintenance, a Div. of DCrC Environmental Svcs., Inc.Ft Pierce, [email protected] TanaseComplete LandcareSeffner, [email protected] WehbyGrounds GroupDavie, [email protected] WambachLandscape ProfessionalsGlen St. Mary, [email protected] P. HoganThe Brickman GroupSanford, [email protected] LuceValley Crest Landscape MaintenanceLongwood, [email protected]
HVAC REPAIRS/SERVICE
Dan AllenComplete Climate ControlLand O Lakes, [email protected]
INSURANCE
MichaelAmeriflood Solutions, Inc.Delray Beach, [email protected] SwiftBader CompanyIndianapolis, [email protected] BergeronFLA-CATOrlando, [email protected]
Star HerbigHerbig Insurance GroupLongwood, [email protected] CincottaMC Risk Services LLCStuart, [email protected] KolischUSI Insurance Services, LLCCoral Gables, [email protected]
INTERIOR & EXTERIOR
David JurekAbsolutely Amazing Refinishing, Inc.St. Petersburg, [email protected] NataliCarolina’s Resurfacing and Residential CleaningClearwater, [email protected] S. DudleyParknpool CorporationLexington, [email protected] BoothSherwin-Williams Co.Orlando, [email protected] JacksonSherwin-Williams CompanyJacksonville, [email protected]
INTERIOR DESIGN
Rita WilliamsMerchandising Plus, Inc.Jacksonville, [email protected]
1-888-MAC-GRAY
Change Point.® The next generation in laundry payment. This revolutionary Internet-enabled payment and monitoring system offers benefits
for both residents and property management. To see a short video on Change Point®,
visit macgray.com/changepoint
506900_Mac.indd 1 2/14/11 1:32:16 PM
26 l MultifamilyFLORIDA l FALL 2011
INTERIOR RENOVATIONS
Doug HaynesKitchen ArtCoral Springs, [email protected] GiffinPosey Supply Co Inc.Double Springs, [email protected]
LAKE MANAGEMENT
Kevin YoungbergAmerican Ecosystems Inc.St. Petersburg, [email protected] CecalaApartment Shoppers GuideFt. Myers, [email protected] BarhydtAquatic Systems Inc.Pompano Beach, [email protected] SmithAquatic Systems, Inc.Pompano Beach, [email protected]
LAUNDRY
Dave P. WallaceCoin-O-Matic, Inc.Miami, [email protected] D. CortinaCoinmach CorpOviedo, [email protected]
Kenneth GebhardtCoinmach CorpOviedo, [email protected] LoweryCoinmach CorpOviedo, [email protected] SolovyCWD Laundry Equipment, LLCOrlando, [email protected] L. MyersMac-Gray Intelligent Laundry Services, Inc.Winter Springs, [email protected]
MAINTENANCE SUPPLIES
David F. GephartChadwell SupplyBrandon, [email protected] ClementHD Supply Facilities MaintenanceSan Diego, [email protected] KennedyHD Supply Facilities MaintenanceSan Diego, [email protected] StranahanWilmar IndustriesMt. Laurel, [email protected] ThomasMaintenance Supply HeadquartersPonte Vedra Beach, [email protected]
MISC
Damon B. KruidDBK Construction GroupDeltona, [email protected] CarterNetwork CommunicationsPensacola, [email protected]
PAINTING & EXTERIOR CLEANING
Dixia MartinezMartinez Painting GroupKissimmee, [email protected]
PARK EQUIPMENT
Erin L. ToungET&T DistributorsSouth Daytona, [email protected] LanierKorKat, Inc.Carrollton, [email protected]
PAYMENT PROCESSING
Beth YeskoMyNewPlaceSan Francisco, [email protected] MelendezRentPaymentSan Francisco, [email protected]
PEST CONTROL
Angela IshamA.R.T. Pest Control ServiceOakland Park, [email protected] JacobowitzAmerican Pest Management Inc.St. Petersburg, [email protected] Connolly, CASMassey ServicesOrlando, [email protected] KellyMassey ServicesOrlando, [email protected] ReynoldsMassey ServicesOrlando, [email protected] BrodyPrevail! Pest ControlTampa, [email protected]
PET WASTE REMOVAL
Joe ChanoaBow Wow Pet Waste ProductsIndialantic, [email protected]
PLUMBING
Dimitre BobevFlorida Delta Mechanical Inc.Brandon, [email protected] ParkerRoto-Rooter Services CompanyOrlando, [email protected]
POOL FURNITURE
Jim StonerHorizon Casual Inc.Ocala, [email protected] AndrewsSunbrite Outdoor FurnitureOrlando, [email protected] BatemanWinston ContractOcala, [email protected]
POOL/SPA OPERATIONSCERTIFICATION
Tom DonaldsonAquatic Training InstituteGainesville, [email protected] AndradeWest Coast Polls n DeckingSpring Hill, [email protected]
REAL ESTATE INVESTMENTS
Value Tech Realty Services, Inc.Lutz, [email protected]
COIN OPERATED COIN OPERATED LAUNDRY EQUIPMENTLAUNDRY EQUIPMENT(A Division of CWD Laundry Equipment, LLC)
A Florida family-owned business with over 50 years of serving the needs of coin laundry users.
Call us at (866) 426-4662 Call us at (866) 426-4662 TODAYTODAYfor a better Laundry Room tomorrow.for a better Laundry Room tomorrow.
Our Goal is to provide the best laundry room management and our Leases Include:• Count on-site with payment of commissions
immediately.• Month-to-month Leases.• 6 Month Probationary Period on our
multi-year leases.• Fast service.• We pay you a generous share of the income
generated.• Vending Technologies - Cash, Credit Card
and/or Smart Card.
Our mission is to exceed your expectations.Our Leases Do Not Include:– Minimum Cycles,– Right of First Refusal or– Automatic Renewal clauses.
528858_CoinOperated.indd 1 5/11/11 2:49:28 PM
MultifamilyFLORIDA l FALL 2011 l 27
RENTAL FURNITURE
Pete RegulesCORTWinter Park, [email protected] BookoutCORTWinter Park, [email protected]
RESIDENT SCREENING
Keith GibbonsCoreLogic SafeRentLongwood, [email protected] HancockRentGrow, Inc.Waltham, [email protected]
ROOFING & ROOF MAINTENANCE
Ron HeathRoof DepotDebary, [email protected] BrowneRoof-A-CideDavie, [email protected] KureKodiak Services LLCOrlando, [email protected] C. JenkinsQuality Roofing of Florida Inc.Tampa, [email protected]
SAFETY & SECURITY
Darrell RobinsonAdvanced Fire & SecurityPompano Beach, [email protected] AckermanFire & Life Safety America, Inc.Sanford, [email protected]
SUBMETERING
Fred Munn Sr.American Metering ServicesSarasota, [email protected]
Charles BiancoChampion Utility Sub-Metering SolutionsStuart, [email protected] StovallGuardian Water & PowerRaleigh, NC877-291-3141 ext [email protected] SmetzerNational Exemption ServiceSafety Harbor, [email protected] P. DurhamOnePoint Technologies, Inc.Woodstock, [email protected]
UTILITIES
Suzanne BurlesonProgress Energy, FloridaLake Mary, [email protected] SchellProgress Energy, FloridaLake Wales, [email protected]
UTILITY ANALYSIS
Alan SchnallUtility Advisors, Inc.Boca Raton, FL561-477-3790 Jason Shepar dWaterSignal LLCAlpharetta, [email protected]
UTILITY BILLING
Brandy Richista North AmericaJacksonville, [email protected] ChristensenNWP Services Corp.Lincoln, [email protected] SchroederThe Billing Associates SETampa, [email protected]
1-888-826-7867 • info@fi trev.com
Apartment Fitness Experts• TREADMILLS• ELLIPTICALS• BIKES• MULTI-GYMS• TOP WARRANTIES• SERVICE• RUBBER FLOORINGG
526412_Fitrev.indd 1 4/13/11 11:16:15 AM
FLORIDA 904-422-9064 GEORGIA 678-427-4861 TENNESSEE 615-336-0110web: www.fitnessequipmentsales.com email: [email protected]
FITNESS EQUIPMENT SALES
Our services include:Equipment salesFloor planning, layout & designDelivery, installation & servicePreventative maintenance
521141_Fitness.indd 1 4/14/11 11:43:33 AM
Exclusively Serving the Multifamily Industry!
Ideal Collections The Clear Choice For Lease Collections!
Tampa Area: 813-920-0141 Nationwide: 800-959-0141
Visit us on the web @ www.Idealcollections.comOr Booth #503 at the 2011 FAA Tradeshow!
520382_Ideal.indd 1 8/10/11 8:21:26 PM
Victor LucasUnited Utility ServicesDania Beach, [email protected]
VALET TRASH PICK-UP
Justin FrostPremier Valet ServicesLake Mary, [email protected] MagrissoValet Waste, Inc.Tampa, [email protected]
WASTE SERVICES
Les LeithAccelerated Waste Solutions, NATampa, [email protected] HendersonDoggie DepositEclectic, [email protected] CornellInvisible Waste ServicesOrlando, [email protected] ClementsWaste Reduction Consultants, Inc.Jacksonville Beach, [email protected]
Orlando Vendor Marketplace
COLLECTION SERVICES
Ideal Collection Services, Inc.
5223 Ehrlich Road Suite ATampa, FL 33624Phone: (813) 920-0141Fax: (800) 426-6122E-mail: [email protected]: www.idealcollections.comIdeal Collection Services offers collections nationwide. We pride ourselves in working exclusively with Multifamily Housing Accounts! We can custom fi t a plan to your properties needs. If you are not satisfi ed with your current agencies results or the way they conduct business call Ideal Collection Services. We are the clear choice for lease collections!
FINANCIAL SERVICES
Northmarq Capital
Web: www.northmarq.comTampa 813-223-3088; Miami/Boca 305-820-6640; Orlando 407-843-4004; Jacksonville 904-858-5300. Northmarq Capital is a national mortgage banking fi rm offering a full range of commercial real estate solutions with 32 offi ces coast-to-coast, including 5 Florida locations, averaging $7 billion in annual production, and servicing a loan portfolio of nearly $39 billion for a diverse group of institutional investors.
LAKE & POND MAINTENANCE
Southern Aquatic Management, Inc.P.O. Box 1633Sanford, FL 32772Phone: (407) 416-3482Fax: (352) 483-2127E-mail: [email protected]: www.southernaquaticmgmt.comSouthern Aquatic Management, Inc. is a fully licensed and insured lake and pond management company providing service to homeowners associations, apartment complexes, golf courses, developers, environmental consultants, municipalities, federal agencies and private lakefront and pond owners.
REALTY CONSULTANTS
Urban Realty Solutions
810 S Sterling AvenueTampa, FL 33609Phone: (813) 876-1808Fax: (813) 876-1806Alternate Phone: (727) 415-5331E-mail: [email protected]: www.urbanrealtysolutions.comURS has prepared market studies and market value appraisals for the rental apartment industry for over 30 years. Clients range from housing authorities to national REITS and lenders. Whether you need a cost-benefi t analysis for a LEED upgrade or a complete market survey and appraisal, give us a call.
CLASSIFIED Listings
FIRE • WATER • WIND • MOLD • SINKHOLESWATER INTRUSION • FLASHING • WATERPROOFING
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One Call Does It All!REPAIR • REBUILD • RESTORE
Serving Florida with Of ces in Orlando & Tampa
www.brcrestoration.com
Expect The Bestfrom
Multi-Family Disaster Services
Toll Free: 1.800.404.4481Ask about our Disaster Guard™ Services
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We have buyers for apartments in Florida
Gil Daniel407-629-5595 ext. 233
Since 1977
539966_Southeastern.indd 1 8/10/11 8:39:33 PM
BBCG has produced well over $25 million in ancillary income for our clientsBBCG researches and audits your existing cable and telephone contracts at no charge
1. We represent over 400,000 units nationwide with clients such as Concord Management, Lincoln, Riverstone, Bank of America, UBS, etc.2. We represent our client’s best interest only, not the cable/telephone companies in negotiating exciting new and improved revenue streams.3. BBCG offers a No Charge, No Obligation review of your existing contracts within your portfolio to determine any financial and technological upgrade opportunities that may exist.4. BBCG is only compensated if our clients accept the contracts we present, offering enhanced technology and/or financial incentives.
1827 Westover Reserve Blvd., Windermere, FL 34786Office: 407-523-6162 • Cell: 407-342-0186 • Fax: 407-523-6149 • Email: [email protected] • Website: www.bbcg.com
Call or email today to find out how we can increase your profits on cable, phone, satellite, and internet agreements
Broadband Consulting Group is the nation’s leading Cable TV, Satellite, Internet, and Wireless contract negotiating experts.
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SouthernFL.comTOLL FREE FAX: 866-736-8489
866-736-8481TOLLFREE:
Dedicated to Providing Quality Furniture and Service for Over 30 Years!
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28 l MultifamilyFLORIDA l FALL 2011
Market Report Central FL & Space Coast
• Securely located outside each resident’s door
• 27 gallon capacity
• 5 and 6 day per week service; lease up terms available• Proprietary locking latch prevents animal invasion
James M Cornell, CASSales ManagerCell: 407-509-1293www.invisiblewasteservices.com
A proud member of the FAA and NAA.
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• Meet or Exceed Insurance Requirements
• Flat Rate Pricing Available
www.AllCleanCarpet.netPH: 321.263.5650And remember...it ain’t clean ‘till it’s
ALL CLEAN!®
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Lake and Pond Management offering services in:Algae and Weed ControlInvasive Species ControlFountains and Service
AquascapingFish Stocking
Servicing the Central Florida Area
AERATION FOUNTAINS INSTALLEDstarting at $1495.00 (with 5 year motor warranty)
386-216-1525 Direct321-422-5667 Fax
www.theaquaticdoctors.com
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Absolutely Amazing Refi nishing, Inc.
471601_Absolutely.indd 1 3/15/10 6:13:03 PM
ANITA TUCKER
Art design paintinggroup, inc.
Painting~Design
Interior/Exterior PaintingDesign/Color Selection Services AvailableLicensed and InsuredProfessional Skilled PersonnelFree Estimates
407-367-9996Fax 407-814 7582
Owner
546230_Art.indd 1 8/17/11 7:09:05 PM
MultifamilyFLORIDA l FALL 2011 l 29
30 l MultifamilyFLORIDA l FALL 2011
ANIMAL WASTE REMOVAL PRODUCTS
DOGIPOT ........................................................6www.dogipot.com
APARTMENT LOCATOR SERVICES
Rent.com .......................................................6www.rent.com
APPLIANCE DISTRIBUTORS/
MANUFACTURERS
ARD Distributors, Inc. ........... Inside Back Coverwww.ardonline.com
APPLIANCE SALES
Appliance Warehouse of America, Inc. ..........21www.appliancewhse.com
ATTORNEYS
Fowler, Hein, Cheatwood, and Williams, P.A. .....................................21www.apartmentlaw.com
CABLE TV SERVICE
Broadband Consulting Group .......................28www.bbcg.net
CABLE TV, INTERNET
& COMMUNICATIONS PROVIDERS
Bright House Networks ................................13www.brighthouse.comBroadStar Communications .........................18www.broadstar.comCenturyLink ......................... Inside Front Coverwww.centurylink.com
CARPET CLEANING/REPAIR
All Clean Carpet & Upholstery, Inc. ...............29www.allcleancarpet.net
COLLECTION SERVICES
Ideal Collection Services, Inc. .................27, 28www.idealcollections.com
ENERGY EFFICIENCY
Progress Energy, Florida ................................3www.progress-energy.com
FINANCIAL SERVICES
Northmarq ...................................................28www.northmarq.com
FIRE & DISASTER DAMAGE RESTORATION
BRC Restoration Specialist ...........................28www.brcrestoration.com
FITNESS EQUIPMENT
Fitness Equipment Sales, Inc. .......................27www.fi tnessequipmentsales.comFitrev Inc......................................................27www.fi trev.com
FURNITURE
Southern Furniture Leasing ..........................28www.southernfl .com
HIGH SPEED INTERNET SERVICES
CenturyLink ......................... Inside Front Coverwww.centurylink.com
INSURANCE
Bader Company .............................................4www.baderco.com
LAKE & POND MAINTENANCE
American Ecosystems, Inc ...........................20www.american-ecosystems.comAquatic Systems ..........................................12www.aquaticsystems.comVertex Water Features ..................................12www.aquaticsystems.comCommon Areas Maintenance .......................20www.commonareasmaintenance.comSouthern Aquatic Management, Inc. .............28www.southernaquaticmgmt.com
LAKE & POND MANAGEMENT
Edenfi eld Corporation ..................................29www.theaquaticdoctors.com
LANDSCAPE MAINTENANCE
Common Areas Maintenance .......................20www.commonareasmaintenance.com
LAUNDRY EQUIPMENT
Coin Operated Laundry Equipment div.of CWD Laundry Equipment, LLC ..........................26www.cwdlaundryequipment.comMac - Gray, Intelligent Laundry Systems ......25www.intelligentlaundry.com
MARKETING
AIM CRUISE INCENTIVES ..............................22www.aimcruise.com
OUTDOOR FURNITURE & ACCESSORIES
ET & T Distributors Inc .................................22www.ettfl orida.com
PAINTING SERVICES
Art Design Group, Inc. ..................................29www.artdesignpaintinggroup.com
PEST CONTROL & EXTERMINATING
Prevail Pest Control ......................................20www.prevailpestcontrol.com
PLAYGROUNDS
ET & T Distributors Inc .................................22www.ettfl orida.com
REAL ESTATE INVESTMENTS
Southeastern Realty Group, Inc. ...................28www.southeasternrealty.com
REALTY CONSULTANTS
Urban Realty Solutions .................................28www.urbanrealtysolutions.com
RENOVATION
Absolutely Amazing Refi nishes .....................29www.aarefi nishing.net
ROOF & EXTERIOR CLEANING
Mallard Systems, Inc. ...................................15www.mallardsystems.com
ROOFING CONTRACTORS
American Building Contractors Insurance Restoration Services, Inc. ................. Outside Back Coverwww.abc-fl a.com
SMOKE, WATER &
ODOR RESTORATION SERVICES
All Clean Carpet & Upholstery, Inc. ...............29www.allcleancarpet.net
SUBMETERING
Utility Advisors, Inc. ......................................18www.utilityadvisorsinc.com
TELEPHONE SERVICE/VOICE LONG
DISTANCE
CenturyLink ......................... Inside Front Coverwww.centurylink.com
WASTE DISPOSAL
Invisible Waste Services ...............................29www.invisiblewasteservices.com
WASTE MANAGEMENT
Accelerated Waste .......................................22www.acceleratedwaste.com
INDEX TO Advertisers/ADV.com
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Inquire about our Hurricane Preparedness Program
CALL TODAY!954-698-5959www.abc-fla.com
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