Professional Services News / Bay Management Group Philadelphia

Bay Management Comes Together with MM Partners, LLC to Manage Three Sought After Properties in Historic Philadelphia

Via: ReleaseWire

Updated 12:44 PM CDT, Tue, April 24,2018

Philadelphia, PA -- (ReleaseWire) -- 04/24/2018 -- Renters in Philadelphia have a lot to be excited about as two prominent real estate groups are now working together to manage three historic properties, all three of which promise high quality housing at extremely competitive pricing. Bay Management Philadelphia, has recently signed a deal with MM Partners LLC, to manage projects consisting of three recently renovated properties in the Philadelphia area. Both organizations promise to deliver what Bay Management has delivered in Baltimore and the surrounding areas since 2012.

The three MM Partners LLC properties have been recently added to the already diverse list of properties that Bay Management manages in Philadelphia. These MM Partners properties include Pyramid Lofts, the Braverman Building, and the MM Cloisters.

All three properties are located in Philadelphia. The Pyramid Lofts are located in the Brewerytown neighborhood on Glenwood avenue and were completed in the summer of 2017. The rates for a studio apartment are $1000-$1100, $1050-$1250 for a one bedroom apartment, and $1850-$2000 for a two bedroom apartment. The property was once a furniture warehouse, and was then purchased by an electric company in 1961 until 2000, and was completely abandoned from 2000 until MM Partners decided to renovate the property in 2016.

The Braverman building is located near Pyramid Lofts. Unlike the 50 residential spaces that the Pyramid Lofts offers, the Braverman building houses 16 units. Both properties contain two commercial units. Residential units in the Braverman Building range from $1275-$1400 for one bedroom units to $1600-$1700 for two bedroom units.

The MM Cloisters, also known as the West Village at Spring Garden, is currently in development and will be ready by 2019. It is located in a great area of Philadelphia close to many entertainment venues as well as three colleges; UScience, Drexel and Penn State. The Cloisters also has a lot of history. The property itself was built over a century ago. The MM Cloisters are slated to house 47 units, with studio apartments starting at $1150, one-bedrooms at $1300, and two-bedroom units starting at $1550.

Bay Management was a great fit with MM Partners LLC as they bring to the table 12+ years of experience in urban property management. Their Philadelphia staff has over 30+ years of commutative property management experience and knows how to balance the diverse interests of both tenants and property owners.

To learn more about Bay Management's property management services in Philadelphia you can visit them at their website - Bay Management Philadelphia and to learn more about MM Partners LLC and their amazing properties check out their site at MM Partners

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