Genessy

Genessy Management and Development

Genessy Management and Development

Director of Property Management oversee the entire operations for the company regulation compliance, financial, occupancy, social component, maintenance and client relations, including attending meetings with the various nonprofit organizations. Organize and prepare tenants for rehabilitation in place. Help the nonprofit clients to reach their community goals.

Also, attending Investor relations, property acquisition, property finance, property valuation, new business development, project development, strategic planning, cash flow modeling and ROI analysis, operating and capital budget administration.

Not for Profit

We understand not-for-profit organizations. Our partners and staff regularly service not-for-profit organizations by providing audit, tax and consulting services. We are aware of the many benefits that not-for-profit organizations provide to our communities and investors, the challenges you face in executing your organization’s strategy and in achieving its mission. We can help you minimize risk, enhance financial stewardship and protect its tax-exempt status.

Business References

“Genessy is an organization that works very hard for their investors, owners and tenants, we are happy they are part of our greater Los Angeles supporters of Medium and low-income affordable housing,” “Since 1996 under the management of Genessy Management and Development, my properties have performed progressively well. Genessy is very knowledgeable with the innerworkings of the LA Housing Authority, Section 8 and other agencies working under Los Angeles rent control.”
- Linda Armor
“We have found Genessy Management to be responsive to the Board of Directors, respectful and courteous to our residents, and quite professional in carry out its obligations.”
- Hollywood West Tenant Action Committee, Los Angeles, CA 90004
“Genessy leasing agents are very nice. They answered all my questions professionally and politely. I had so many questions regarding the property and they were very patient in listening to every word I said, and precisely answered all my inquiries.”
- Hollywood West, Los Angeles, CA 90038
“We just rented a property managed by Real Property Management and they were all very friendly and made it super easy for us to move in. We went from the application process to signing the lease and moving in all in three days!”
- Rita and Silvia Lopez, Lancaster, CA 93534
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Cast Studies

Leaster Apartments

Development consultant of three scattered sites with 133 units. Overseeing the submission of Tax Exempt Bonds with the City of Los Angeles and CDLACAC and the Tax Credit application to California Tax Credit Allocation Committee (CRCAC). Negotiations with tax credit Investors and Lenders to acquire a bridge construction loan and an FHA 221 (d) 4 loan. Negotiating the construction contract.

GENESSY MANAGEMENT & DEVELOPMENT LLC.

Director of Property Management oversee the entire operations for the company regulation compliance, financial, occupancy, social component, maintenance and client relations, including attending meetings with the various nonprofit organizations. Organize and prepare tenants for rehabilitation in place. Help the nonprofit clients to reach their community goals.

Also, attending Investor relations, property acquisition, property finance, property valuation, new business development, project development, strategic planning, cash flow modeling and ROI analysis, operating and capital budget administration.

DOLORES FRANCES AFFORDABLE HOUSING

Acquisition and rehabilitation with tenants in place of 366 units 5 commercial spaces, and 32 scattered sites, the development was financed with Tax Exempt Bonds issued by the Los Angeles Community Redevelopment Agency (CRA) Tax Credit and a 2221 (d)4 loan insured by HUD. The development closed in February and final endorsement was in December.

Request for Proposal

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