Established in 1981 B&R Property Management has a renowned reputation based on consistent results and its sole dedication to the Las Vegas market making it one of the largest local management firms in the Las Vegas valley.
Today, B&R Property Management manages in excess of 30 large apartment communities in the greater Las Vegas market consisting of approximately 6,000 units totaling a market value of over $500 million. Our portfolio of clients ranges from individual real estate investors to large multi-national corporations. We have delivered over $300 million of value creation for our clients since inception in 1981 and we continue to deliver strong results. Through helping our clients reach their financial goals, we are most proud of that we still manage our first apartment community and we have retained over 98% of our clients until disposition of their asset.
In the real estate business, retention is The Mark of Excellence.
The consistent growth of B&R Property Management through varying real estate cycles reflects both its focus on strong hands-on management and its acute awareness of the vital role that property management plays in the maintenance and enhancement of each and every asset. B&R has long recognized the need for an intensive management approach through prudence, diligent effort, thoughtful planning, and effective implementation to meet the increasing Las Vegas market demands. Our management philosophies and experience have given us the ability to remain flexible to the needs of our residents, employees, and clients. This flexibility to react to changing market dynamics and shifts in operational philosophy continues to distinguish B&R from the large, national management companies.